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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: GOLDIGER who wrote (3844)	11/12/1997 6:07:00 PM
From: bill	Read Replies (1) \| Respond to of 26850

Okay, guys. Stop the chit chat. I just posted the latest ABZ/WSP news release. The values from t he boulder train look fantastic. We're talking diamonds above 3 mm. We're talking samll samples producing 494 micros and 325 macros. Go out and take your weigh scale with you. Put a rock on it. It doesn't take a very big rock to make 26.83 kg. There are salmon out here that run in that range Those rocks had to be chock full of diamonds. No fancies reported though. ake a look at the largest diamond. 3.475 mm in longest dimentions and it is white, translucent octahedron. I checked. I got those shares at 70 cents. I thought maybe I was just digging my hole deeper. Maybe not. Now, if mamma pipe that produced those babies just reveals herself to us, we're all going to the Bahamas.

To: GOLDIGER who wrote (3844)	11/12/1997 6:22:00 PM
From: bill	Respond to of 26850

From: newsout@canada-stockwatch.com Date: Wed, 12 Nov 1997 14:53:36 -0800 Subject: Stockwatch: Winspear Resources Ltd - News Release To: wvalgard@uvic.ca Snap Lake caustic fusion results Winspear Resources Ltd WSP Shares issued 30,775,630 Nov 11 close $0.75 Wed 12 Nov 97 News Release Mr Randy Turner reports The company has received results of caustic fusion analyses of kimberlite boulder material collected from four samples within a previously reported boulder train that was discovered on the south shore of Snap Lake during this past summer's program. Boulders comprising the train are mainly of kimberlite breccia material and are up to 25 cm in length. Snap Lake is within the Camsell Lake project area that is 140 miles northeast of Yellowknife. The Camsell Lake project is a joint venture in which WinSpear has a 57.3% interest and is operator. Results of caustic fusion analyses by Lakefield Research on these kimberlite boulder samples are: 64478 64479 64480 64481 Totals Sample weight (kg) 26.83 23.69 70.22 93.39 214.13 Total diamonds recovered 80 51 136 227 494 Micro diamonds 51 38 93 143 325 Macro diamonds 29 13 43 84 169 +1.00 - 2.00 mm 1 1 8 8 18 +2.00 - 3.00 mm 0 0 1 3 4 +3.00 - 4.00 mm 1 0 0 2 3 Macro: Micro ratio 0.57 0.34 0.46 0.59 0.52 Diamond frequency: /50 kg 149.1 107.6 98.6 121.5 115.4 Diamond frequency: /10 kg 29.8 21.5 19.4 24.3 23.1 Macro frequency: /50 kg 54.0 27.4 30.6 45.0 39.5 Macro frequency: /10 kg 10.8 5.5 6.1 9.0 7.9 The largest diamond reported measures 3.475 mm in its longest dimension and is described by Lakefield Research personnel as a white, translucent octahedron. Winspear is encouraged by these results, which represent the best analyses reported to date from the Snap Lake area from which kimberlite has been reported in three other areas around and within the lake. All kimberlite occurrences found to date are significantly diamond-bearing. Characteristics of indicator minerals and diamonds recovered from this area indicate that these various kimberlite occurrences have a similar mantle source. Planning is under way for the forthcoming winter/spring work program. It is presently anticipated that a significant work program will be undertaken in the Snap Lake area beginning late January-early February. Details of this program will be announced when they are finalized. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com