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


To: Robert Swaita who wrote (2225)7/8/1998 1:36:00 PM
From: Lilian Debray  Read Replies (1) | Respond to of 5206
 
That is very difficult to ascertain, but according to Canada Stockwatch none since February.

1998-01-21                200                       200
1998-02-05 3,000 2,800
1998-02-19 0 -3,000


I just received an excerpt from an article published in Saskatchewan today.

Shore Gold plans seem parallel to Kensington's.

Saskatoon-based diamond exploration company Shore Gold Inc. has not reduced its drill program.

"We're in the process of finalizing our 1998 drill program," said Shore president Ken MacNeill in a Tuesday interview. "We'll be back on the property hopefully within the next 30 to 60 days."

Shore plans to spend $500,000 to $1 million this year, a range consistent with previous years. Shore is highly optimistic that its Fort a la Corne property near Smeaton holds some of the world's largest pipes of kimberlite, the ore that is known to contain diamonds.

Shore's drilling results released this spring revealed a large number of gem quality diamonds.

"If the results continue to be as good after each and every (drill) program as they have been, certainly with the vast amount of tonnage that should be here in Saskatchewan, we could have a producing diamond mine within the next five to 15 years," said MacNeill.