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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?


To: griz who wrote (772)12/2/1998 10:01:00 AM
From: JP  Respond to of 822
 
<<I Can't believe people are not responding to Meo's 7 kims, thier booth was pretty busy at the SanFransisco gold and diamond show. >>

I think the market had already accepted that MEO has lots of pipes. They are now yelling -SHOW ME MY MONEY. So we have to wait for diamond counts. But the more pipes -the better the odds. JP



To: griz who wrote (772)12/7/1998 11:44:00 PM
From: Jesse  Respond to of 822
 
Hi Folks! -- News from Marum Resources:
________________ MARUM RESOURCES INC. __________________
marumresources.com

News Release # 98-09 SEC 12g(3) Exemption 82-4100
ASE Trading Symbol "MMU" Standard & Poor's Corporate
Manual Listing

Chinchaga Diamond Program Microprobe Results

December 8, 1998 -- Marum Resources reports that it has
received electron microprobe results from the University of
Saskatchewan for grains picked from samples obtained in
October from the Chinchaga diamond project in northern
Alberta. The sampling program was designed to assist
in final targeting for a proposed January 1999 drill program.

Stream sediment samples down-drainage from clusters of pipe
targets have been previously reported as containing massive
amounts of large glass spherules up to 5mm in diametre, with
nickel sulphide inclusions. Microprobe results just received confirm
that the spherules originated in an alkaline volcanic magma.
Textural features are consistent with a local source. Overburden is
thin to non-existent. The information has been used to prioritize
magnetic anomalies directly upstream of the samples as pipe targets.

The search for stratigraphic targets, consisting of Cretaceous-age
nearshore marine beach "sands", has been an ongoing feature of
the Chinchaga exploration program. This is an important target
type, possibly unique to the Chinchaga area of Alberta due to the
existence of a major seacoast running in a northeast-southwest
direction through the area at the time the northern Alberta kimberlite
pipes were emplaced. The economic importance of such targets is
demonstrated by the extensive beach sand diamond deposits of
western Africa which have been mined for a century. In the
Chinchaga area, a target "sand", actually a distinctive flat-lying
volcano-sedimentary unit, extending over 70 km along an ancient
coastline, and up to 10 metres thick, has been identified as being
prospective for diamond on the basis of unusual mineralogy which
includes ilmenite, corundum and olivine. A recently processed
sample has yielded volcanic glass spherules and, significantly,
extraordinary quantities of perfectly formed, large black garnets.
Microprobe results just received confirm these as andradites and
hydrogrossulars with high titanium contents. These large, perfect
crystals are primary magmatic minerals that are ultra-deficient in
aluminum and formed in a local, alkaline volcanic magma of the type
favourable for diamond formation. Grossular garnets occur in the
Ashton and Monopros kimberlite pipes in Alberta. The unusual
geochemistry of this rock unit and the spectacular amounts of these
diagnostic indicator minerals confirm its attractiveness as a large,
regional, flat-lying diamond host rock target. There is virtually no
overburden over the "beach sand" target; drill depths to the bottom
of the target, including overburden, should not exceed fifteen metres
and very large tonnages are available for near-surface sampling.

Samples from another sampling program, oriented to several
clusters of pipe targets, carried out by APEX Geoscience of
Edmonton in October, were submitted to Saskatchewan Research
Council for analysis. Results are expected soon. The APEX
sampling program included down-ice and downstream sampling
from a large, distinct seismic anomaly consisting of a noticeable
vertical disruption in a seismic profile. The seismic anomaly lies in
a cluster of magnetic high anomalies which are themselves drill
targets based on independent magnetic and geochemical data.

The company is currently in discussion with a potential partner to
form a joint venture on certain permits and to implement a drill
program in the New Year.

SOURCE: Mr. Richard Boulay, President
Tel: (403) 264-2220

FOR FURTHER INFORMATION:Mr. Arness Cordick, Director
Tel: (604) 602-1440
Toll Free: (800) 321-8564 or
Calgary Office
Tel: (403) 264-2220

Website: marumresources.com

The Alberta Stock Exchange has neither approved or disapproved
the information contained herein.



To: griz who wrote (772)12/16/1998 8:10:00 PM
From: Jesse  Read Replies (1) | Respond to of 822
 
Mount Hope news: Microprobe Results From Buffalo Hills

Source MARKET NEWS
Company MOUNT HOPE RESOURCES CORP. ("MH-Y")

- Microprobe Results From Buffalo Hills Reveals Additional Kimberlitic Indicators -

Scott Angus, President of Mount Hope Resources Corporation is pleased
to announce that the Company has received electron microprobe data of
indicators recovered from the Haro River region on the Company's
northwestern Alberta property. The results confirm the presence of
kimberlitic indicators in the region where Mount Hope has identified 8
magnetic anomalies and several, previously announced, kimberlitic
indicators (news release 10/22/98).
Five samples were taken by Apex Geoscience Limited from a creek in the
Haro River region. The creek, from which the samples were taken, drains a
limited area which contains 7 magnetic anomalies and is the same creek from
which the Company has already recovered 5 kimberlitic indicators. The
purpose of the additional sampling was to confirm the results of the
original sampling program in this region.
The five samples collected by Apex were processed by Overburden
Drilling Management of Nepean, Ontario and the microprobe work was carried
out by the Ontario Geological Survey Geoscience Laboratory in Sudbury,
Ontario. The microprobe analysis has confirmed that these samples have
produced an additional 12 kimberlitic indicators (8 garnets and 4 chromic).
These results bring the total number of kimberlitic indicators
recovered in the region to 17, taken from 8 samples collected over a
distance of approximately 2 kilometres. The indicators include, 11
kimberlitic garnets, including a subcalic G10 garnet considered to
be the best indicator of diamondiferous kimberlites, 4 kimberlitic
chromites and 2 kimberlitic clinopyroxenes. It is important to note that
the indicators were recovered in a very concentrated area, containing the 7
geophysical anomalies. Management is extremely encouraged by these results
and believe that the geophysical anomalies in the Haro River region warrant
a high resolution geophysical survey to prioritize drill targets.

TEL: (604) 331-1601 Scott Angus, President
FAX: (604) 623-4701 Mount Hope Resources Corporation
______________________________________
(c) Corporate Dissemination Services Inc. All rights reserved.
----------------

NR from: ase.ca