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


To: Letmebe Frank who wrote (910)6/8/2003 10:18:20 PM
From: Rocket Red  Respond to of 16204
 
I told you months ago that SRM has fantastic indicator minerals.You think BHP just jumped aboard for nothing??

Many of people following Shear.
Hopefully it opens close to where it closed so new people can get in cheaper.
I will be buying more for traders in the morning sometime as I waiting for the opening bids



To: Letmebe Frank who wrote (910)6/9/2003 12:23:06 AM
From: Rocket Red  Read Replies (1) | Respond to of 16204
 
SRM Churchill has exceptional pyrope chemistry

Better than ABER pyrope Chemistry

Shear last year collected only 130 regional till samples on very wide spacing, insufficient to pinpoint geophysical targets. Of these 37 samples yielded indicator minerals, with one sample containing 45 pyrope garnets. Shear has not published details of the 2002 sampling program, but an earlier program of 29 samples yielded 107 pyrope garnets, of which 46% were classified as sub-calcic (G10). A composite plot of the pyrope garnets exhibits exceptional diamond potential. Shear has also found kimberlite float within the general area that kicked indicator minerals. Churchill has emerged as a large regional play on a par with Aviat in terms of having potential to host an entirely new field of diamondiferous kimberlites. In fact, if one were to base optimism on harzburgitic garnets rather than eclogitic garnets, Northern Empire's Churchill project has superior potential compared to its Aviat project.



To: Letmebe Frank who wrote (910)6/9/2003 8:27:55 AM
From: E. Charters  Respond to of 16204
 
Who the hell knows in this cockeyed world? The people who run the Aviat play told me that the chemistry thing is a mystery, as there is both eclogitic and perdotitic chemistry in both the Aber pipe AND the Diamet pipe. They said the eclogitic (non pyrope) element of the chemistry is "more important" than the pyrope. (a better indicator?.. i.e. the pyrope can be ignored to a degree if it does not conform classically say to Yakuts standard... in other words the pyrope could have more calcium and less chrome and still be "good"? We are guessing ..)

I would say that all the various elements do is indicate pressure and temperature, so they are just indicators, not contributors.. If they both exist in the same pipe, so be it.( but which do you depend on?) It is strange for this to happen, but in theory both components are "down there" in the chromite harzburgite layer where diamonds come from. The strange thing is that there is not more eclogitic chemistry in peridotitic pipes, as most authorities agree that the primary contributor of diamomd to the kimeberlite, no matter what chemistry it is, is the rock eclogite. But we have this thing about diamonds containing inclusions of extremely subcalcic pyrope in 90% of the economic pipes. Where did they come from? Go figure.

You never hear people following eclogitic garnet trains with nickel thermometry, and announcing it. It is the single best technique, an accurate grade predictor, and cheap too. They just don't know how for the most part. They can sell G-10's in fact, so they do that. Aviat I am told is an eclogitic area, with some pyrope too.

The nomenclature G-10 is the categorization developed by Dawson many years ago, before it could be thought of being applied to kimberlites and diamonds. In fact, Dawson's G-10 pyrope is not a pyrope from a kimberlite but may come from a metamorphic rock as well. It is merely a high chrome magnesian garnet, which may or may not be that low in calcium. Kimberlitic garnets are special creatures. They are usually rounded, not faceted with crystal faces, display a blackish reaction rim of kelyphite, may be very deep purple and are deficient in calcium compared to other garnets. This G-10 stuff is just news announcment pap to drive stock. If they want to impress me they will show pictures of the garnet and the position of a statistical group on a graph of calcium against chromium contained. And if they really want to show me competence, they can show the contained nickel and zinc of all their garnets not just the pyrope on a pressure/temperature graph. They they are cooking with gas. Then I will buy stock.

EC<:-}



To: Letmebe Frank who wrote (910)6/9/2003 8:14:42 PM
From: Rocket Red  Respond to of 16204
 
Shear and Empire identify second Churchill kimberlite
Shear Minerals Ltd SRM
Shares issued 26,920,727 Jun 6 2003 close $ 0.68
Monday June 9 2003 News Release
Also Northern Empire Minerals Ltd (C-NEM) News Release
Ms. Pamela Strand of Shear Minerals reports
NORTHERN EMPIRE MINERALS LTD. AND SHEAR MINERALS LTD.: SECOND KIMBERLITE DISCOVERED AT CHURHILL
Shear Minerals, Northern Empire Minerals and BHP Billiton have discovered a second kimberlite on the Churchill diamond project. Drill hole No. CD002 was designed to test anomaly CK156, a circular magnetic low anomaly 150 metres by 150 metres located six kilometres north of CD001. The first two kimberlites have been named Thunder and Lightning ("Kadluk" and "Kraumalak" in Inuktituk).
"The first two targets drilled have resulted in separate kimberlite discoveries," said Pamela Strand, president and chief executive officer of Shear. "Now that we know there are kimberlites at Churchill, we have added confidence that the source of the outstanding mineral chemistry we have observed is located on the property."
Said John Robins, president and CEO of Empire, "These discoveries clearly confirm our belief that Churchill will become one of Canada's leading diamond projects."
The current phase of drilling is designed to test a minimum of 15 high-priority kimberlite targets of the 217 geophysical targets identified to date on the property. Drilling continues and additional results will be forthcoming. The Churchill diamond project totals more than 1.5 million acres and is located near the community of Rankin Inlet, Nunavut.
Shear has a 51-per-cent interest and is operator of all exploration programs. Northern Empire is earning into a 35-per-cent interest by incurring $750,000 in exploration expenditures. BHP Billiton has a 14-per-cent interest in Churchill and has also agreed to finance the costs of collection, sampling and processing the initial 200 tonnes of kimberlite.
All programs are under the supervision of Dean Besserer, PGeol, of APEX Geoscience Ltd., a qualified person under NI 43-101.

(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com

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