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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Miles who wrote (1478)3/31/1998 12:26:00 AM
From: Lilian Debray  Read Replies (1) | Respond to of 5206
 
I also liked the way the news release read, and the way it explains and builds on previous news releases.

These are basement numbers, presented as understated. The qualifyers tell the story.

At this point, on still fairly small samples since only 60% is analyzed, macrodiamonds do not mean very much. It is also probable that some may have been crushed through the under-reaming process and may not even be accounted for since they would pass through the 1mm sieve holes. "This macrodiamond is also 1.66 mm long and may be a fragment from a larger stone." kensington-resources.com
kensington-resources.com

Dr. Rombouts statistical study is based on the microdiamond count. "It should be noted that macrodiamond grade estimates extrapolated from microdiamond size distribution data are qualitative indicators of grade which can be significantly biased by the chance occurrence of one large diamond."
kensington-resources.com

The statistical study indicated that larger and better stones should be present, which led to the decision to conduct a tracer program, as explained in today's news release, to evaluate the design of the program and what method would have the better recovery rate in the FALC conditions.