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Gold/Mining/Energy : Caldara's Diamond CDR,M -- Ignore unavailable to you. Want to Upgrade?

To: JShepherd who wrote (203)	7/9/1998 8:26:00 AM
From: chevalier	Respond to of 303

Here is an exciting news release from TGR. If Astro comes up with exciting news from the drilling then there may be a little area play started here: iger International Resources Inc - Springfield diamond exploration under way Tiger International Resources Inc TGR Shares issued 4,159,823 1998-07-08 close $1.2 Thursday Jul 9 1998 Dr. Kevin Wills reports The Springfield project area is in the Central Flinders Ranges of South Australia. A new phase of diamond exploration commenced in May and the first batch of results is now available. A water supply was established and a heavy media separation plant operated by HMS Plant Hire was set up on the bank of Wirreanda Creek, near the Springfield Basin. Heavy mineral concentrates were observed by Independent Diamond Laboratories of Perth, Western Australia. Ten 100 tonne preliminary bulk samples were collected and treated to define the best location for a larger bulk sample designed to assess the diamond prospectivity of the project area. Fifty-six diamonds were recovered from the preliminary bulk samples which totalled 1.63 carats. A further seven small diamonds were recovered from indicator mineral samples. The largest stone was a clear white macle-dodecahedron with a diameter of 3.5mm and a weight of 0.34 carats. This is the largest known diamond to be recovered from the Central Flinders Ranges to date. Together with the indicator mineral results a suggested location for a larger bulk sample has now been defined. During June an undercover drilling program commenced to search for the kimberlitic source of the Springfield diamonds. A total of 66 holes for 421m at an average length of 6.4m was drilled. Samples have been dispatched to Perth for indicator and diamond mineral observation. Hole SF 14, about 1.6km southeast of the diamond bearing conglomerates at Springfield, intersected a 53m long zone of possible sandy tuff underlain by brown clay. Rock and indicator mineral analysis is being carried out to determine if this hole has discovered a possible source for the Springfield diamonds. Indicator minerals with the diamonds show minor signs of wear, suggesting they have traveled less than 4km from their source. These indicators will be chemically analyzed to help assess the diamond prospectivity of the project. The forward program involves analysis of the ancient current flow directions by geological mapping of the basal Springfield Basin conglomerates to aid in location of the source.