Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rocket Red who wrote (1133)	8/11/2003 8:46:51 PM
From: E. Charters	Read Replies (1) \| Respond to of 16206

Not meaning to pee pee on the blanket but it would seem that they must already know some of the pipes are barren, and they are extending the program in order to find some that kick half decent. It will be evident in the stock price if any pipes kick at all soon. They are "in the water" so fast on that play that if they don't find something real close up ice, they will be a bust. (Same with Melville I would say..) And not much positive news out of Melville either these days.. EC<:-}

To: Rocket Red who wrote (1133)	8/13/2003 5:03:13 PM
From: VAUGHN	Read Replies (1) \| Respond to of 16206

Here you go Rocket CORPORATE NEWS RELEASE AUGUST 13, 2003 CHURCHILL DIAMOND PROJECT: JOINT VENTURE EXPANDS 2003 EXPLORATION PROGRAM $1.5 million budgeted for additional drilling, geochemical sampling and geophysical surveys Shear Minerals Ltd. (SRM:TSXV), Stornoway Diamond Corporation (SWY:TSXV) and BHP Billiton announced today an additional $1.5 million has been budgeted for an expanded exploration program on the Churchill Diamond Project for 2003. The program will entail additional ground geophysics, geochemical sampling and drilling. The ground geophysical surveys will focus on airborne targets located throughout the property. Drilling will test approximately ten priority geophysical targets, which include some EM-only anomalies. “The increased exploration budget and accelerated timing is based on the success of the first phase of exploration,” says Shear President and CEO Pamela Strand. All kimberlite samples from the first phase of the 2003 exploration program have been submitted to the Saskatchewan Research Council in Saskatoon, an independent laboratory, for microdiamond analysis. The results of all eleven kimberlites sampled will be reported simultaneously, around mid-September. The Churchill project encompasses more than 1.5 million acres located near the community of Rankin Inlet in the Kivalliq region of Nunavut. The 2003 field program is under the supervision of Dean Besserer, P. Geol. of APEX Geoscience Ltd., a Qualified Person under NI 43-101. Shear has a 51% interest and is operator on the Churchill Diamond Project. Stornoway Diamond Corporation and BHP Billiton have 35% and 14% interests respectively. For further information please contact: Pamela Strand, President and CEO. Tel: (780) 435-0045; Fax: (780) 989-0322. www.shearminerals.com Regards Vaughn