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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (14479)	2/11/1999 6:44:00 PM
From: Rocket Red	Respond to of 26850

Article from Report. Looking closely at the recent Winspear release brings up another point we see as very favorable,and one that seems to have been mostly overlooked by the market.In the approximately 1.7 tonnes of the northwest dike treated by caustic fusion and discussed in this release,at least 6 diamonds larger than 0.1carat(and therefore certainly of commercial size)were recovered.these include two diamonds largerthan 0.5carats(0.75 and 0.69carats),and have a total weight of almost 2.5carats-therefore on these stones alone the samples had an average grade of 1.45carat/tonne,in line with the higher grades encountered in pit2.we also remind the reader that because of the log-normal distribution of apparent grades in kimberlite samples,small samples(such as the drill cores)are most likely to understate,rather than overstate,diamond grade.