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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: VAUGHN who wrote (577)2/6/2003 11:31:09 PM
From: russet  Respond to of 613
 
Kaiser says Twin Mining flagship of promising region

Twin Mining Corp TWG
Shares issued 73,404,344 Feb 6 close $0.35
Thu 6 Feb 2003 In the News
John Kaiser, writing in a Feb. 3 Tracker, says Twin Mining (then 39 cents)
remains the eastern Arctic's flagship diamond explorer and has since
confirmed a grade in the 0.2-to-0.4-carat-per-tonne range for the
Freightrain kimberlite on its 100-per-cent-owned Jackson Inlet project on
Brodeur peninsula, Baffin Island. Mr. Kaiser has not recommended Twin
Mining; in February, 2002, he wrote skeptically about how the company
presents its results and in April, 2002, he praised the northern part of
Baffin Island, in particular Brodeur peninsula, as being underlain by a
fertile, diamond-friendly mantle that "cooked up some pretty good
diamonds." In the current report, he says Twin Mining has demonstrated the
mantle was fertile with large quality diamonds, countering theories the
region had been ruined by a mantle plume underneath barren kimberlites of
nearby Somerset Island. Twin, however, has yet to demonstrate the presence
of meaningful tonnage at Freightrain. Cargo1 kimberlite yielded
disappointing microdiamond results. But Mr. Kaiser says that while Twin
treaded water in 2002, others have done work that increases the likelihood
that the eastern Arctic has commercial diamond potential.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com