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

To: Letmebe Frank who wrote (766)	4/8/2003 10:01:40 AM
From: Chas.	Read Replies (1) \| Respond to of 16204

Hey Frank.... Toronto looks like the team to beat this year, IMO, but I am rooting for the Wings. Metalex and Diamondex.......both have the ability to explode upwards. I think a lot of the posters from the ole days are gone forever.....only the hard have survived (led by Eric of course), we are still here, Lean, mean, sex machines. Twisted steel and sex appeal........is there any other way. regards

To: Letmebe Frank who wrote (766)	4/10/2003 9:41:02 AM
From: Rocket Red	Read Replies (1) \| Respond to of 16204

Stockwatch News Item Diamonds North Resources Ltd (C-DDN) - News Release Diamonds North, SouthernEra begin drilling Misty Lake Diamonds North Resources Ltd DDN Shares issued 13,047,885 Apr 9 2003 close $ 0.80 Thursday April 10 2003 News Release Mr. Mark Kolebaba reports DIAMONDS NORTH AND SOUTHERNERA START DRILLING ON MISTY LAKE Diamonds North Resources and SouthernEra Resources have disclosed that drilling has started on the Misty Lake project in the Northwest Territories. SouthernEra (operator) and Diamonds North have budgeted for a 400-metre drill program with expectations to drill at least four targets. On behalf of the joint venture, SouthernEra has completed ground geophysics over 15 airborne anomalies on the Misty Lake project in late March, 2003. All 15 geophysical anomalies have been reviewed and interpreted with several anomalies considered to be valid kimberlite targets. Four of these targets have been selected for the 2003 phase I drill program. Two of the selected targets have excellent down-ice kimberlite indicator mineral support. The Misty Lake project comprises 71,000 acres of land located adjacent to the southwest border of the De Beers/Mountain Province Diamonds' Kennady Lake project, where $3-billion in diamonds have been outlined in prefeasibility studies. In addition to the drill program on Misty Lake, Diamonds North is currently drilling on the Gten mineral claims in the Northwest Territories (see news release in Stockwatch of April 7, 2003). (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com

To: Letmebe Frank who wrote (766)	4/22/2003 6:52:57 PM
From: Rocket Red	Respond to of 16204

Ashton Mining of Canada Inc (C-ACA) - News Release Ashton Mining's K300 kimberlite is diamondiferous Ashton Mining of Canada Inc ACA Shares issued 49,062,149 Apr 22 2003 close $ 1.37 Tuesday April 22 2003 News Release Also EnCana Corp (C-ECA) News Release Also Pure Gold Minerals Inc (C-PUG) News Release Mr. Robert Boyd of Ashton Mining reports K300 ALBERTA KIMBERLITE DIAMONDIFEROUS Ashton Mining of Canada has learned that the K300 kimberlite on the Buffalo Hills property in north-central Alberta is diamondiferous. As reported on Feb. 27, 2003, K300 is the second kimberlite discovered on the property during the 2003 winter program recently completed by Ashton and its joint venture partners, EnCana Corporation and Pure Gold Minerals. The kimberlite was intersected when two vertical holes were drilled into an electromagnetic anomaly having approximate surface dimensions of 300 metres by 300 metres. Samples of core from the two drill holes were processed for diamonds at Ashton's North Vancouver, B.C., laboratory by caustic dissolution. The table below presents the resulting data in square-mesh sieve format. These data are insufficient to infer a diamond grade for K300. K300 DIAMOND RESULTS Numbers of diamonds according to sieve-size fraction (mm) Sample weight +0.100 +0.150 +0.212 +0.300 (kg) -0.150 -0.212 -0.300 -0.425 170.8 25 17 9 3 Total +0.425 +0.600 +0.850 +1.180 dia- -0.600 -0.850 -1.180 -1.700 monds 0 0 0 0 54 To date, the joint venture has discovered 38 kimberlites in north-central Alberta and confirmed that 25 of these are diamondiferous. Diamond results are expected later in the second quarter for K296, the first kimberlite discovered during the 2003 program. Additional material collected from the K6 kimberlite during the program is also being analyzed. The joint venture will determine the extent of further work on K300 once the results from K296 and K6 have been received. The approximate beneficial interests of the joint venture partners are Ashton, 45 per cent, Pure Gold 10 per cent, and EnCana 45 per cent. Ashton is the operator of the exploration programs and Brooke Clements, professional geologist and Ashton's vice-president, exploration, is responsible for their design and conduct, and the verification and quality assurance of analytical results. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com old url (better for printing)

To: Letmebe Frank who wrote (766)	4/23/2003 10:41:04 PM
From: Rocket Red	Read Replies (1) \| Respond to of 16204

Good early reading on Chucky's MTX Canada's godfather of billion dollar diamond discoveries. It was Fipke who first turned the diamond world on its ear in 1992 by proving the existence of rich diamond deposits in Canada's frozen tundra. His discovery led to the opening of the $2.5 billion Ekati diamond mine. Fipke's public company at the time, Dia Met Minerals, catapulted from around $0.35 to over $67 before being bought-out by one of the world's largest mining companies, BHP of Australia. Many of Dia Met's shareholders became rich and so did Fipke. He even owns a ten per cent personal interest in the Ekati mine, which produced about three million carats a year. Now for the first time in a decade, Fipke has the same glint in his eye that he had when he first struck pay dirt with Dia Met Minerals. He has been working for the last three years in northern Ontario's Attawapiskat region. This is the same area where De Beers is developing a major diamond deposit, known as the Victor pipe. But Fipke believes he can give De Beers a run for its money. His latest public company, Metalex Ventures (TSX-MTX), is now producing compelling exploration results. To date, he has used his world-renowned sleuthing techniques to trace a number of indicator mineral trails (tiny colored stones that are synonymous with diamond pipes) back to what he believes to be their geological source. Not coincidentally, these mineral trails appear to originate from the immediate vicinity of strong kimberlite-like geophysical anomalies. (Please refer to the Coronation Diamond District Report that has a link on this page for a more thorough explanation on Canada's emerging diamond story and how to find diamond pipes). In other words, Fipke thinks he has zeroed-in on a cluster of diamond pipes. Metalex is a very tightly held company in which Fipke owns most of the free-trading and restricted stock. So, the company suffers from a serious lack of liquidity. However, Metalex has a joint venture partner in this project, Arctic Star Diamond Corporation (TSX-ADD), which has earned a 20 per cent interest in this venture by paying $600,000 towards the work program. Fortunately, Arctic Star is a broadly-held stock with reasonable liquidity and a relatively cheap share price. Since its IPO at Can. $0.25 in March of this year, Arctic Star briefly spiked as high as Can. $0.53 on the news of the joint venture with Metalex. The stock has since drifted down to around its IPO level due to a general lack of news and prevailing market conditions. However, informed sources suggest that Fipke is ready to drill several high-priority targets that promise to reveal diamondiferous kimberlite pipes. Thus, the upside for Metalex and Arctic Star, in particular, appears very favorable once a drill program is announced.