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

To: Letmebe Frank who wrote (1781)	1/25/2004 12:22:31 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 16203

Frank, SAZ will end up with 45% of Churchill West. internationalsamuel.com Under the terms of the agreement, Samuel can exercise its option by: issuing 200,000 common shares of Samuel upon regulatory approval; reimburse 100% of property acquisition costs; and incur $1 Million in exploration expenditures over two years, of which $500,000 must be spent before December 31, 2003. Upon vesting, a joint venture will be established and both Shear and Empire shall have the right to buy back a 10% interest within 90 days for the sum of $100,000 cash. Shear shall be the operator of the project. Shear, Empire and Samuel shall have joint first rights of refusal on the non-diamond rights proportionate to their respective interests. The property is subject to a 2.0% gross overriding royalty and net smelter royalty by the Hunter Exploration Group. --------------------------------- The first deadline has been met. SAZ will spend a further $500K in 2004. Results are very encouraging so far in this early stage of exploration on Churchill West. They have diamondiferous kimberlites on this property and the next round of results are due back from the lab at any time. They are actually a bit late. Cheers, S&P

To: Letmebe Frank who wrote (1781)	1/30/2004 11:29:59 PM
From: Letmebe Frank	Read Replies (2) \| Respond to of 16203

Name Shares Out 1/30/2004 YTD Aber Diamond Corporation 55,928,234 46.29 -1.5% SouthernEra Resources Limited 72,878,400 5.75 7.3% Tahera Corporation 439,365,309 0.4 40.4% Mountain Province Diamonds Inc. 66,928,967 2.48 -2.7% Etruscan Resources Incorporated 54,925,666 2.39 10.6% Stornoway Diamond Corporation 54,965,317 2.24 21.1% Ashton Mining of Canada Inc. 67,926,425 1.61 8.8% Shore Gold Inc. 33,684,916 1.81 -4.7% Metalex Ventures Ltd. 21,889,373 1.95 -17.0% Kensington Resources Ltd. 52,166,545 0.97 3.2% Diamondex Resources Ltd. 46,447,332 1.17 44.4% Shear Minerals Ltd. 41,120,625 0.83 31.7% Twin Mining Corporation 89,815,654 0.33 -17.5% GGL Diamond Corp 65,328,020 0.43 -8.5% Diamonds North Resources Ltd. 21,954,219 1.01 -7.3% Pele Mountain Resources Inc. 40,884,014 0.42 -4.5% Pan Asia Mining Corp. 46,643,096 0.385 54.0% Band-Ore Resources Ltd. 31,389,816 0.52 0.0% Arctic Star Diamond Corp 22,362,581 0.59 -13.2% Majescor Resources Inc. 28,872,057 0.28 -3.4% Dunsmuir Ventures Ltd. 19,264,000 0.36 22.0% International Samuel Exploration Corp. 21,203,058 0.29 65.7% Dios Exploration Inc 8,914,557 0.4 -8.0% Caldera Resources Inc 61,198,326 0.145 -19.4% Sudbury Contact Mines Ltd 27,651,125 1.55 -18.4%