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

To: Famularo who wrote (2474)	2/9/2005 2:48:58 PM
From: VAUGHN	Respond to of 16214

Hello Frank The NR says: "a major program is underway" and that the "program will be composed of core drilling," with nothing else suggested, no ground mag, geochemical sampling, etc. So it sounds as though all that has been done in previous years and the partners have now selected targets and plan to immediately commence drilling as many of them as they can within the assigned "$1 million budget." Thats all I can determine from the NR although it was interesting to read the brief reference to having also recovered an "eclogitic garnet" albeit no defining data beyond that was provided. I don't know the specific local in Alaska but I have to assume that it is very different terrain from that found in the NWT, Nunavut, Ontario and Quebec diamond districts. Having said that, a number of Russia's large mines are located near similar terrain which I also presume is somewhat similar to that found in Greenland. Regards Vaughn