Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Intertech Minerals (iml:vse) diamond program -- Ignore unavailable to you. Want to Upgrade?

To: CuGeo who wrote (12)	1/9/1999 8:50:00 PM
From: freddy	Read Replies (2) \| Respond to of 46

Here we go is right!Winter road should be in by early feb. I think next comes some ground geophysics to be followed by drilling in march.I here they have excellent targets with a very high probability of encountering Kimberlite.Diamonds were discovered a couple of years ago in kimberlite[dykes,maybe,maybe not] which has since been dated at 70 million years old,so at least something was going on at the right time in history.

To: CuGeo who wrote (12)	3/2/1999 9:02:00 PM
From: freddy	Respond to of 46

The "spur road" off the Winter Road has been pushed through to Intertech's property.The camp is being established now and a ground geophysics program should start shortly. Drilling could start as early as Mar. 8th.This program is not widely followed,but watch this thread a month from now!!!

To: CuGeo who wrote (12)	3/4/1999 11:47:00 PM
From: Bruce Lock	Respond to of 46

IML on the move !!! Closed today at $0.78 (a new 52 week high) UP $0.13 on heavy volume (for IML) of 148,000 shares. News Release March 3, 1999 Afridi Lake Diamond Property 1.2 Million Dollar Exploration Program Underway Intertech Minerals Corp. (the "Company") has been advised by Kennecott Canada Exploration Inc. ("Kennecott") that the $1.2 million 1999 exploration program for the Afridi Lake diamond property has commenced. A 52 km-long ice road from the main Lupin winter road has been established to provide winter access to the east-central part of the Afridi Lake Property. Mobilization for a portable exploration camp, two diamond drills, plus fuel and other supplies is underway. Upon completion of mobilization, approximately thirty airborne geophysical targets with kimberlite potential will be investigated further by detailed ground geophysical surveys and where results warrant, diamond drilling. Diamond drilling is expected to begin within 10 days using two diamond drills, one of which will be helicopter supported. In addition, Kennecott intends to initiate a till sampling survey which is designed to provide a better understanding of the complex glacial history of Afridi Lake area and the distribution of kimberlite indicator minerals in the glacial deposits present on the property. Of the total budget, $1 million is a firm commitment by Kennecott and approximately one-half is allocated to drilling. Intertech is a Vancouver, B.C. based, VSE listed Canadian diamond exploration company with a 100% beneficial interest in the promising Afridi Lake Diamond Property.(1) The 129,952-acre Afridi Lake property (52,591 hectares) is located in the very prolific Lac de Gras area, some 80 km southeast of the Ekati Diamond Mine (operated by BHP Diamonds Inc., DiaMet Minerals Corp., et al) and some 45 km southeast of the Diavik mine (being developed by Diavik Diamond Mines Inc. and Aber Resources Ltd.). Diamondiferouskimberlite, was discovered in the extreme northeast part of the Afridi Lake claim block in early 1996, with the largest contained stone being a dodecahedral fragment measuring 1.12 mm x 0.83 mm x 0.24 mm. In late 1998, the Company granted Kennecott Canada Explorations Inc. anoption to acquire a undivided 60% interest in the claims. The option may beexercised at any time by Kennecott prior to December 11, 2005, by completing exploration expenditures totaling C$25.0 million or alternatively, by announcing a decision to begin construction and development of a mine. During the option period, Kennecott will be the project manager. Information and Shareholder Inquires Corporate Inquires Mr. Murray Garnett Mr. John Fraser, President Mr. Glen Sandwell Mr. Ralph Shearing, Director (1) Intertech's 100% beneficial interest is subject to certain royalty interests and royalty interest purchase options, as fully explained in previous news releases and on the Company's web site @ www.iml.bc.ca. TEL: (604) 684-8712 Ralph Shearing, Director

To: CuGeo who wrote (12)	3/15/1999 12:52:00 PM
From: Bruce Lock	Respond to of 46

IML hits Kimberlite !!! INTERTECH MINERALS CORP. Trading Symbol: IML-VSE Suite 450 - 650 West Georgia Street Telephone: (604) 684-8712 Vancouver, B.C. V6B 4N8 Facsimile: (604) 684-3829 Website: www.imlvse.bc.ca Email: intertech@imlvse.bc.ca Toll Free: 1-888-450-6500 NEWS RELEASE March 15, 1999 KIMBERLITE DISCOVERED ON FIRST GEOPHYSICALTARGET Intertech Minerals Corp., (the "Company"), has been advised by Kennecott Canada Exploration Inc., ("Kennecott"), that volcaniclastic and hypabyssal kimberlite have been encountered in a diamond drill hole testing the first of approximately 30 airborne geophysical targets to be investigated during the C$ 1.2 million 1999 exploration program on the Afridi Lake property, located in the Lac De Gras area, some 320 km northeast of Yellowknife, N.W.T. This discovery, designated the Jordan kimberlite, is a strong total field magnetic low anomaly situated at an apparent break in a northwest trending diabase dyke, in the extreme northwest corner of the property, 4.5km due west of the DA 1 - 3 diamond-bearing kimberlites discovered in early 1996. Details of the hole are as follows: Hole: Jordan 99J-2, (Bearing 250 degrees, Inclination -55 degrees) meters description · 0 - 16.7 : water (2.44m) and overburden · 16.7 - 50.9 : volcaniclastic kimberlite · 50.9 - 62.5 : biotite schist · 62.5 - 77.1: hypabyssal kimberlite · 77.1 - 84.4 : diabase Kimberlite intersected in this hole totals 48.8 meters, (160.2 feet). Samples of the kimberlite will be forwarded to Kennecott's laboratory in Thunder Bay, Ontario, for petrographic and caustic fusion analysis, results of which are expected to be available within four to six weeks. Kennecott has elected to drill another hole, Jordan 99J-3 from the same set up, at an inclination of -80 degrees; as of midday March 14,1999 this hole was at a depth of 30.2 meters and had intersected 18.2 meters of volcaniclastic kimberlite. The hole continues to be drilled in kimberlite and is expected to be completed in the next two days, weather permitting. A second drill is expected to commence drilling on targets located in the southern portion of the property within the next several days. Intertech is a Vancouver, B.C. based, VSE listed Canadian diamond exploration company with a 100% beneficial interest in the promising Afridi Lake Diamond Property.(1) The Afridi Lake property, 52,591 hectares, (129,952-acre), is located 80 km southeast of the Ekati Diamond Mine (operated by BHP Diamonds Inc., DiaMet Minerals Corp., et al) and 45 km southeast of the Diavik mine (being developed by Diavik Diamond Mines Inc. and Aber Resources Ltd. In late 1998, the Company granted Kennecott Canada Explorations Inc. an option to acquire a undivided 60% interest in the claims. The option may be exercised at any time by Kennecott prior to December 11, 2005, by completing exploration expenditures totaling C$25.0 million or alternatively, by announcing a decision to begin construction and development of a mine. During the option period, Kennecott will be the project manager. For more detailed information please visit the Company's web site at www.imlvse.bc.ca. Alternatively, please contact the Company at (604) 684-8712 or 1-888-450-6500 toll free. Information and Shareholder Inquires Corporate Inquires Mr. Murray Garnett Mr. John Fraser, President Mr. Glen Sandwell Mr. Ralph Shearing, Director INTERTECH MINERALS CORP. "John Fraser" John Fraser President