To: Davey Stuart who wrote (323 ) 1/17/1998 8:51:00 AM From: morrie Respond to of 637
HI DAVEY! Just a re-cap of the latest news "OF EXPLORATION on their web site from MINK. morrie Five More Macro Diamonds Found In Mali Project The Company is pleased to announce the discovery of five (5) new macro diamonds in its Kenieba Project, Mali, West Africa. The Kenieba Diamond Project is a joint venture between Mink International and Ashton West Africa Pty Ltd. - a member of the Ashton Group of Companies based in Melbourne, Australia. The first and second stones, weighing over one carat and 0.5 carats respectively, were recovered from the Bouka Area, Faraba District where no diamonds were found in the past. These new finds indicate that the Potential Willie Kimberlite Cluster at the southern section of the Property may be larger than delineated earlier. Several aeromagnetic anomalies were recently identified in this potential cluster by Ashton geophysicists. In addition to the Willie, the Kenieba Concession has three other potential clusters, namely: Dialafara, Tinkolu and Saraya. The 25 known kimberlitic bodies in the Property are in the established Doundi Cluster. The third and fourth new diamonds, both over 0.50 mm and also from test pits, were discovered in the Sansanto Area. This area is noted for its many diamond discoveries, specially the large size gemstones of 232, 137, 102 and 98 carats. Ashton geophysicists and Dearn Lee, Mink's Diamond Consultant, have selected an important aeromagnetic anomaly located less than half a kilometre from the large diamond discoveries. This anomaly - which now appears to be the probable source of the large gemstones in the Sansanto Area, and the 44 hectare Kassama Anomaly are the joint venture's primary drill targets this exploration season. Eight additional priority targets, selected on the basis of combined aeromagnetic and positive indicator mineral results, were also identified by Dearn Lee and Ashton geophysicists for drilling. The fifth new diamond just found, likewise over 0.50 mm in size, was recovered from a test pit excavated at the Kenieti Anomaly. In the latter, the Mink-Ashton joint venture has discovered so far a total of three (3) diamonds, including two in one sample. ON BEHALF OF THE COMPANY O.L. de la Cuesta, President c 1997 StockHouse Online Journal | Disclaimer Top |