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

To: Rocket Red who wrote (556)	1/28/2003 6:58:06 PM
From: Rocket Red	Respond to of 16206

Feb Exploration for MPV De Beers has decided to move its attention to the Faraday-Kelvin area this winter because of the excellent microdiamond results from the Kelvin body. Both bodies need to be better defined, as do the dike structures associated with these bodies. A hole drilled in 1999 intersected 2.54 metres of kimberlite approximately 160 metres northeast of the Faraday body, and a hole in 2001 intersected three intervals of kimberlite (with the thickest intersection being 1.74 metres) approximately 600 metres to the southwest of the Faraday body. This dike system appears to be at least 800 metres long and could have additional blows, like the Faraday body along it, as well as extensions both to the northeast and southwest. This winter De Beers is planning to do detailed ground magnetometer and ground gravity surveys over both the Kelvin and Faraday bodies and the dike systems both north and south of each body. Promising targets will be drilled. Work will start in February, 2003.