To: John Paquet who wrote (12402 ) 1/17/1999 11:38:00 PM From: Gord Bolton Read Replies (2) | Respond to of 26850
Hey John Paquet, Einstein Genius buddy of Winspear Shareholders, Guru or Gurus, Are you the guy that shorted The mineral discovery of the century and left yourself uncovered on Friday afternoon before the News Release? Say, you really are smart, aren't you? Thought I would post up some of these caustic fusion results from the dyke intersctions. Gee it looks like 1 macro diamond per kilogram. Is that good John? Would that be like 1000 macrodiamonds per tonne? Gee whiz, John looks like they are real clear diamonds and some of them are yellow, green and blue. What do you think Einstein er I mean John. What is your opinion oh great Guru of the diamond industry. Wait a minute aren't you the guy that thought they were looking for nickel? Oh well here they are. Maybe some one else knows what they are worth. Tue Jun 24, 1997 Results of Caustic Fusion Analysis from Spring Drilling Winspear Resources Ltd. (WSP.V) is pleased to provide results of caustic fusion analyses from kimberlite dyke intersections encountered during the Spring drilling program in the Snap Lake area of the Camsell Lake project, NWT. The project area is situated 140 miles northeast of Yellowknife and is a joint venture between Winspear Resources Ltd. (57.3%) - the operator - and Aber Resources Ltd. (42.7%). During this program, thirteen drill holes intersected kimberlite dykes in a restricted area about 1 km 2 on the west side of Snap Lake. Most of each intersection was submitted for diamond analyses - small samples of each intersection have been retained for future reference. Lakefield Research Limited has completed the analyses of these samples as reported below. ================================================================================ Drill Sample Weight Total Diamonds / Macros / Hole Number (kg) Diamonds Macros* 10 kg 10 kg ================================================================================ SL97-201 62301 0.90 1 1 11.1 11.1 SL97-202 62302 0.54 2 2 37.0 37.0 SL97-203 62303 5.44 5 2 9.2 3.7 SL 97-204 62304 L** 40 8 62304 W** 6 3 62304 L+W 15.5 46 11 29.7 7.1 SL97-210 62305 18.53 50 15 27.0 8.0 SL97-211 62306 9.47 31 8 32.7 8.4 SL97-801 62307 8.81 32 14 36.3 15.9 SL97-802 62308 8.83 22 13 24.9 14.7 SL97-803 62309 14.07 37 21 26.3 14.9 SL97-813 62310 15.26 62 22 40.6 14.4 SL97-814 62311 18.64 48 17 25.8 9.1 SL97-819 62312 L** 8 3 62312 W** 5 2 62312 L+W 8.45 13 5 15.4 5.9 SL97-820 62313 L** 45 13 62313 W** 7 5 62313 L+W 12.70 52 18 40.9 14.2 -------------------------------------------------------------------------------- Total: 62301-62313 137.14 401 149 29.2 10.9 ================================================================================ * Macros are those diamonds that have at least one dimension that exceeds 0.5 mm. ** Samples 62304,62312 and 62313 each had a portion treated for recovery of indicator minerals. Diamonds were recovered in two parts from the total sample weight as indicated below: "L" Those diamonds identified by Lakefield Research Ltd. from caustic fusion residues undertaken on the total sample except the heavy mineral concentrates indicated below. "W" Those diamonds identified by Winspear personnel from heavy mineral concentrates prepared by Lakefield Research from part of the sample. The largest diamond recovered from these samples of kimberlite dyke measures 1.79 mm. in its longest dimension. A total of 25 macro diamonds reported above have at least one dimension that exceeds 1.0mm. Winspear is highly encouraged by these results and is investigating means by which a larger sample could be recovered from one of the dykes during the forthcoming summer program on the property. As previously reported, drill core samples of kimberlite breccia from anomaly CL 186 have been submitted to Lakefield Research Limited for diamond analyses. Results of these analyses are not yet available from the laboratory but will be reported when they are received. Winspear is also pleased to announce that a budget of approximately $660,000 has been approved to continue detailed till sampling in the Snap Lake area and to follow up anomalous indicator mineral results elsewhere on the property. In addition to this sampling program, Winspear is planning work on the property during this summer season that includes trenching, geophysics, and diamond drilling. Field crews will mobilize to the property in the first week of July to begin this two-month program. It is anticipated that three Russian geologists lead by Dr. Nickolai Pokhilenko, Head-Laboratory of Diamond Deposits, Novosibirsk, Siberia, will join the field crew in early July. Dr. Pokhilenko has been associated with Winspear and with the Camsell Lake project since 1994. The Board of Directors for Winspear has approved an overall exploration budget of $1.7 million for the six-month period to the end of the 1997. In addition to the approved program indicated above for the Camsell Lake property, Winspear has planned an active diamond exploration program in several other areas of the Lac de Gras area, NWT. On Behalf of the Board of Directors, WINSPEAR RESOURCES LTD. Randy C. Turner President & Director