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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: The Osprey who wrote (862)	9/17/1998 5:14:00 PM
From: Leigh McBain	Read Replies (1) \| Respond to of 2514

My take on this release is that it is primarily a place holder. I believe that this was put out to keep people watching, more than to supply any great overall insight into the progress of the project. Most of what is in the release is an organized rehash of previously known information. Having said that, I also have to concur with Jesse, that there are references of significance, especially under the section heading "Geological Mapping and Geochemical Sampling". Such as the following: "The samples also contain other diagnostic kimberlite indicator minerals such as complex, multi-phase ilmenite grains with magmatic reaction rims of perovskite, multiple populations of corundum, and inclusion-rich spinels. As well, some medium to high-chrome, low calcium pyrope garnets with good crystal forms and etched surfaces have been identified in the area." This is by no means the first reference to this "believed to be SIGNIFICANT" occurrence and I believe it is being brought up again to keep it at the forefront. Next step, I guess, is to see what pans out once the drilling actually commences. As for the thin overburden, there is no doubt whatsoever that in this capital raising environment, it is an advantage. But it doesn't really matter that much unless we strike a diamondiferous target. Salut, Leigh McBain