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

To: Leigh McBain who wrote (956)	10/22/1998 11:59:00 AM
From: Jesse	Read Replies (2) \| Respond to of 2514

FYI, Mount Hope announced the following today-- I believe this is adjacent to Marum's land, on a shared (cross-claims) cluster of anomalies. Kimberlitic indicator minerals discovered in Buffalo Hills, Alta. Mount Hope Resources Corp MH Shares issued 9,623,573 Oct 14 close $0.15 Thu 22 Oct 98 News Release Mr. Scott Angus reports Mount Hope Resources has recovered several kimberlitic indicator minerals from a sediment sampling program at its northwestern property in the Buffalo Hills region of Northern Alberta. The sediment sampling program was completed in the vicinity of several geophysical targets defined by an airborne geophysical survey of Mount Hope's Haro River region. The survey was filtered to eliminate any cultural anomalies. The samples were processed by Overburden Drilling Management of Nepean, Ont. and the electron microprobe analysis was carried out at the Ontario Geological Survey Geoscience Laboratory in Sudbury, Ont. The kimberlitic indicators have been recovered from three sediment samples collected from a creek in the Haro River area. These kimberlitic indicators include two peridotitic clinopyroxenes, one eclogitic garnet and two peridotitic garnets. One of the peridotitic garnets is subcalcic in composition known as a G10 garnet, considered to be the best indicator of diamondiferous kimberlites. The high chrome (Cr2O3) content of this garnet (13.19 wt per cent) suggests that it was derived from a potentially diamondiferous host kimberlite. The creek, from which these five kimberlitic indicators have been recovered, drains a restricted area, which contains seven unexplained geophysical anomalies. South of the Haro River area, a peridotitic garnet has also been recovered from Gerard Creek in close proximity to an additional unexplained geophysical target. Mount Hope has contracted Apex Geoscience to recover additional sediment samples from the Haro River region in order to further substantiate these positive results and pinpoint drill targets. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com ======================================================== --as a refresher-- From Marum's 07/98 NR: Geochemical Sampling Program Apex Geoscience carried out a helicopter supported geochemical sampling program in late 1997. Samples were collected from all three Marum projects in the Chinchaga area. Geochemical indicator minerals that suggest a kimberlite origin have been recovered. These include chrome diopsides; G3, G5 and G9 pyropes; and one G11 pyrope with an unusually high chrome content of 13.76 per cent. ...The [current] samples were processed at Saskatchewan Research Council in Saskatoon and at Overburden Drilling in Ottawa. Microscope and microprobe analyses of the samples indicate that the volcanic ash and sandy tuff may have been ejected from a nearby kimberlitic volcanic pipe. This diagnosis is based on the recovery of a broad range of indicator minerals from core samples, including some indicators that are considered exclusive to a kimberlite source. These include pristine, black, high-titanium biotite crystals and altered olivine in the volcanic ash. Also, abundant chrome-bearing picro-ilmenites were recovered from the green sandy tuff. Some of the picro-ilmenites are encrusted with perovskite, a calcium titanium oxide. The presence of perovskite reaction rims on picro-ilmenite grains is specifically indicative of a kimberlite origin since the perovskite reaction rims actually formed in the rising kimberlite magma. The volcanic ash also yielded a fragile fragment of a mantle derived ascent granulite containing two types of pyroxene and a garnet. This provides an independent confirmation of a nearby deeply sourced volcanic pipe. The thin glacial till cover in the drill holes also yielded an encouraging assortment of indicators, including chrome-bearing picro-ilmenites, eclogitic garnets and chrome diopsides with chrome content high enough to indicate a mantle origin. The discovery of volcanic ash and tuff layers that contain fragile olivine, perfect high-titanium biotite crystals and picro-ilmenite grains with perovskite reaction rims suggests the presence of nearby kimberlite intrusions. - - Se/98: The company does not anticipate any problem whatsoever in maintaining the integrity of the joint venture property until the end of the second assessment work cycle in mid-2002, and beyond. / / -------- -j :>