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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (667)	1/30/2002 10:46:59 PM
From: rdww	Respond to of 930

Pele Mountain Resources (YPN-V), at 28¢, rates a mention. The company is awaiting the macrodiamond results for a remaining 75 tonnes of a 100-tonne test sample from the Crystal showing on its Festival property, 25 km north of Wawa. The sample is being processed at De Beers' facilities in Grande Prairie, Alta. The bulk sample was taken from an outcrop of diamond-bearing, pyroclastic ultramafic breccia rock near the centre of the showing. "If it turns up any truly commercial-size stones, with De Beers and Kennecott there, and a lot of these rocks scattered about the area, this could spark a new area play," Ettlinger says. from the northern miner last week in an aritcle describing picks for 2002