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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Falcon095 who wrote (4684)3/17/2000 11:20:00 PM
From: average joe  Read Replies (2) | Respond to of 5206
 
The years prior to KRT joining the main FALC play, they drilled a number of above basement targets north of the main field. These targets were interpreted to be at the first bedrock interface.

The drill was shut down each time upon reaching limestone. At a meeting it was explained to the geo that unlike FALC the kimberlites here were probably another 50 feet down, he exclaimed "Oh my God! we need to redrill all those targets!"

Has Sturgeon Lake really been explained? Has Candle Lake really been explained?

These targets have now all been restaked. How insane for a shareholder and investor to know that so much money was spent on ground geophysics, interpretation, mobilizing, setting up and drilling and not explaining the target. And that ground with that unexplained above basement target let lapse.

An extra $1000 would have taken the drill to the target each time. Great science though, thanks for the assessment files.

aj