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

To: Chris A. who wrote (5841)	5/2/1998 7:47:00 AM
From: Chas.	Read Replies (2) \| Respond to of 26850

To all...........Bummer!!!..........chuck..........eom

To: Chris A. who wrote (5841)	5/2/1998 9:55:00 AM
From: George J. Tromp	Respond to of 26850

As the press release states should infill drilling support the expanded area contained within the 1100m x1000m area the implied tonnage within that area would be 6.875 mil tons. The dyke area on the Eastern part of Snap Lake if continuous from the S. Boulder train to 186 would indicate a possible strike distance of 3000 meters plus., no downdip reports., so I assume no angled holes were drilled along that strike venue. What does it mean., they obviously have many intercepts containing kimberlite., i.e. 22 holes., not having seen the drill map., one cannot conclude whether they were drilled on a straight axis to 186 or offset holes., I suspect there were offset holes drilled on a line to 186., but cant confirm this in the release. If one concludes that they drilled at least a portion of those holes in between and in areas not previously drilled., it would imply that the hole spacings were fairly large. Again no indications to down dip references so I assume they were deep vertical holes., if continuity exists between holes and an average drill intercept of 2.5m., assuming a 5 meter intercept was the max., and 1.0meter the lowest., a substantial tonnage figure could unfold., in a cumulative context when viewed with the penninsula dyke system. The bulk sample results should give indications as to the future direction of the program. At this point IMO it would appear that a culmilative resource could still unfold on the multiple dyke systems., however to fully delineate that source another year of drilling will have to occurr on Snap Lake. The diamond counts thus far from the various spots on the land based dyke areas indicate excellent counts., along with the boulder areas where the new dyke system has been defined., if one feels that the boulder samples are part of the breecia and dyke intercepts., where a few stones approached 1/2 carat in those samples than the counts as well from the breecia pockets could add some dimensions to the story as well. The resultant bulk samples in my opinion will dictate whether more drilling is to occur on the lake next winter to fully define the 22 drill intercepts. Sincerely George J. Tromp