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Gold/Mining/Energy : BANDORE -- Ignore unavailable to you. Want to Upgrade?

To: rdww who wrote (1681)	4/18/2001 11:18:27 AM
From: MrsNose	Read Replies (1) \| Respond to of 1692

Band-Ore Resources Ltd. - Independent Samples Confirm Area "E" Diamond Discovery Burlington, Ontario. - Wednesday, April 18, 2001, 8:30 AM EDT The Company is pleased to report the verification and validation of previously reported diamond results from the new "Area E" diamond discovery on the GQ property, located 20 km north of Wawa, Ontario. One of the processed samples contained thirty (30) macrodiamonds, the highest number of macrodiamonds to have been reported from the GQ property, as well as 1,751 microdiamonds from a 20.1kg sample. The samples were collected by a Qualified Person, Dr. Ed Walker, PetroLogic Inc., an independent consultant and expert in diamond-bearing rocks. Dr. Walker collected two (2) samples from previously sampled locations at the "Area E" discovery site and sent half of each sample for caustic fusion and microdiamond recovery to Saskatchewan Research Council (SRC) in Saskatoon, Saskatchewan and to Lakefield Research Limited, Lakefield, Ontario. A total of 51 macrodiamonds and 3,097 microdiamonds were recovered from a total of 90.1 kg. The largest diamond from these samples measured 1.0mm x 0.96mm x 0.5 mm. To date, 9,235 diamonds, including 141 macrodiamonds, have been recovered from only 250 kg of sample material from eight (8) locations within the "Area E" diamond discovery. The largest diamond recovered measured 1.94mm x 1.54mm x 1.16mm. The details of the samples and the diamonds recovered to date from the "Area E" diamond discovery are summarized below; --------------------------------------------------------------- Sample Sample Macro - Micro - Total Weight Carats Weight diamonds diamonds Diamonds (mg) of per (kg) diamonds tonne --------------------------------------------------------------- 68880* 24.0 26 2,908 2,934 25.54 5.32 68884* 24.0 23 867 890 9.67 2.01 68884 (A-1) 21.3 9 574 583 6.28 1.47 68884 (A-2) 24.4 7 445 452 5.40 1.11 68888* 24.0 5 634 639 4.43 0.92 68889* 24.0 11 640 651 7.49 1.56 68881* 16.0 11 309 320 3.48 1.09 68881 (B-1) 20.1 30 1,751 1,781 19.02 4.73 68881 (B-2) 23.8 5 324 329 4.00 0.84 68882* 16.0 0 128 128 0.75 0.23 68883* 16.0 1 40 41 1.64 0.51 68887* 16.0 13 474 487 3.76 1.18 --------------------------------------------------------------- Total 249.6 141 9,094 9,235 91.46 1.83 --------------------------------------------------------------- Note: * = Results previously released. The carat per tonne values are shown for comparative purposes only. During Dr. Walker's on-site visit, each of the samples reported in the above table were located and the snow was removed. Dr. Walker randomly selected two of the sites, obtained a secure sample from each site and submitted the samples to the laboratories labeled as Sample A and Sample B (see above table for corresponding sample number). Each laboratory confirmed the security seals as intact upon receipt and processed the >1 cm rock fragments within the sample containers. Even though the total diamond frequencies vary from the original sample and between laboratories, the results clearly demonstrate that the rocks at "Area E" readily contain at least 100 to 200 diamonds per 10 kg of processed sample. Field observations by Dr. Walker during his recent visit and during the summer and autumn of 2000, support the interpretation that even though many of the samples collected at "Area E" have been conservatively described as "boulders", they are likely sub-crop dislodged from bedrock during the recent construction of the logging road. An accelerated program of geological mapping, mechanical stripping, detailed prospecting, additional sampling and drilling will commence as the field season begins. Pictures of diamonds from the GQ Property, a map of the Company's Wawa area projects and a map of the GQ Property can be viewed on the Company website www.band-ore.com. For further information contact Wayne J. O'Connor, President. 905 319 7469. S.E.C. EXEMPTION: #82-4233 SHARES: 26.6 MILLION EMAIL: bandore@wwonline.com