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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (385)	12/12/2002 5:30:57 PM
From: m.philli	Read Replies (1) \| Respond to of 16207

Thanks, What they do not do and why they do not do it is certainly a puzzle. Regardless of their strategy, they do hold property in the area. Below is what they had to say "back when". They talk about the larger diamonds that were found in the area. They state these were located on claims they hold. A lot of new info has come into the picture on the Wawa area since they did their property investigation. Since then it has slept. One of the questions I have is about the original diamond discovery/s. I believe I read that other larger diamonds were found in till on some "non" currie property. Did the claims (non currie) where these diamonds turned up, turn out to be diamondiferous or in close proximity to diamondiferous claims? I wonder why, if these diamonds are glacial till from the BAN/PELE,ETC. GROUND,why are there not more large diamonds being found between in the area between currie and the known diamondiferous ground being tested 20 km to the north. HERE IS WHAT THEY HAD TO SAY, BEFORE THESE OTHER COMPANIES CAME IN MADE DISCOVERIES AND INCREASED KNOWLEDGE OF THE AREA. In light of the new data available can one "write off" these Currie claims as having no potential?........Charters, anyone, comments? -------------------------------------------------------------------------------- By agreements signed in 1994 with various land owners, Currie Rose acquired 6,500 acres of continuous claims. The Company holds 100% of the claims subject to a 5% net profit interest to a maximum of $2,000,000 on individual claim groups. The mineral claims are located two miles south of Wawa, Ontario. Three diamonds, and possibly more, were recovered from Wawa Creek by prospector C.C. "Mickey" Clement while panning for gold downstream from a gold showing on one of his Wawa area claims. Two of the diamonds weighing 1.05 carats and 1.13 carats respectively were identified as industrial grade diamonds by the Royal Ontario Museum, Department of Mineralogy in October and November, 1993. A third was confirmed as a "clear" stone of gem quality weighing 0.42 carats by two independent commercial gemologists in Ontario in early 1995. Two sampling programs were conducted by the Ontario Geological Survey in 1993 and 1994 (open File Report 5908). In order to establish the authenticity of the diamond find, ten 25 kg samples were collected from the areas of the reported diamond finds. Kimberlite indicator minerals were identified in half the samples collected. Of particular interest is the recovery of a purple G-10 chrome pyrope garnet with a partial kelyphite rim. In the summary report of the results of the investigation, Morris T., Sage R., and Crabtree D. of the Ontario Geological Survey state that "finding this pyrope with the kelyphite rim suggests short distance of transport of the pyrope from a kimberlite pipe." The mining claims covering the Wawa Creek and Trout Creek drainage systems, including the site where the diamonds were found, were subsequently acquired by Currie Rose Resources Inc. A geophysical survey was conducted over a portion of the Currie Rose Resources Inc. claim group during 1995. The main objective of the survey was to identify geophysical signatures indicative of kimberlite pipes and/or dykes for potential drill targets. A secondary objective was the detection of conductors that might be related to volcanogenic sulphide deposits or gold bearing sulphide zones. The area on which the geophysical survey was performed consists of 15 mineral claims aggregating approximately 920 acres (380 hectares). The claims lie in Lendrum and McMurray Townships 4 km south of the town of Wawa, immediately east of the Trans-Canada Highway (Highway 17). Access is via the Trans-Canada Highway and the road to the High Falls Dam that runs easterly from the Trans Canada Highway a short distance south of the south boundary of the claim group. Magnetic profiles were examined for moderate to small magnetic highs or lows which had an oval or circular outline with a consistent "shoulder" feature which could be indicative of a kimberlite diatreme. Electromagnetic profiles were likewise analyzed over the interesting magnetic features to determine whether or not the magnetic anomalies were supported by distinctive EM readings. All magnetic and electro-magnetic profiles were studied for possible base metal sulphide features such as complimentary In Phase and Quadrature curves with accompanying elevated magnetic responses. 1995 Fall Exploration Program Five holes totaling approximately 3,000 feet were drilled into four targets that were identified as a result of the spring geophysical survey. The drill core analysis did not show evidence of a kimberlite intersection in any of the targets. While the drilling was in progress in October 1995, a large beaver dam gave out on one of Currie's claims, allowing a small lake to drain. This gave our geological team the opportunity to inspect a structure consisting of four parallel twenty inch dykes, over a width of eighty-seven feet and an undetermined length, that has been hidden by the lake. Approximately three hundred pounds of the dykes were taken for sampling. A whole rock chemical analysis by T.S.L. Laboratories shows a chemical composition that falls directly within the range of other proven diamond bearing kimberlites. Samples of the rock were sent to Overburden Drilling Management for analysis. It has been reported back that the rocks contained picroilimenite derived from the mantle, low chrome diopside, olivine, chromite, diopside and phlogopite. A probe analysis completed by Overburden Drilling Management confirmed that the samples are kimberlite. The structure is located at the headwaters of Coldwater Creek, approximately 1,200 yards upstream from the location of the diamonds found by Mickey Clement. 1996 Exploration Program The Coldwater Lake kimberlite discovery was used as a model for the 1996 Field Program. The dyke strikes 065 degrees and has a vertical dip. The strike projections enter recessional valleys in both directions. Magnetometer modeling was done over the outcrop and the overburdened extensions. This was used for evaluating similarly trending topographic features as potential sampling targets. Approximately 120 photo linears were traversed magnetically during the program. Over fifty test pits were dug on magnetic features deemed to be of potential interest. Several of the pits were abandoned due to ground water seeping into the pits before outcrop was encountered. This was not unexpected, since practically all of the targets were in local depressions. In some instances, the source of the anomaly was determined to be a rock type other than kimberlite, usually diorite with minor magnetite. These were frequently shallow, as the diorite is less erosion-prone than kimberlite. In almost every instance where kimberlite was located (with the notable exception of the discovery dyke under Coldwater Lake) the outcrop was overlain by brownish-yellow saprolite that crumbled with handling after drying out. This material is high in phlogopite and ilmenite and is indicative of a solid kimberlite below. Twenty-eight magnetic targets were identified as kimberlite. The determinations were made on the basis of the strongly weathered "yellow ground", chemical consistency with known kimberlites and mineral xenolith composition. Several of these dykes have been selected for further sampling, including dyke "P" which returned the highest kimberlite indicators in studies conducted by Overburden Drilling Management. From a five kilogram sample: sixteen G9/G10 garnets from the .25 to .50 mm fraction; four chromites and four pyrope garnets; ninety-five G9/G10 garnets; and six chrome diopsides from the 0.1 to 0.25 mm fraction. The Wawa area is fast becoming an active diamond camp with Canabrava Diamond Corporation and Kennecott Canada Exploration Inc. working to the East of Wawa. A further sampling program of the Wawa area by the Ontario Geological Survey in 1996 supports the presence of significant numbers of kimberlite indicator minerals. To date the highest concentration of kimberlite indicators, along with the three diamonds found by Mickey Clement, has been on the Currie property.