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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: Rise who wrote (671)2/28/1999 11:32:00 AM
From: Gord Bolton  Read Replies (1) | Respond to of 1172
 
Right on there Rise. Another Saskatchewanian I see. I had a similiar discussion last fall with management of Claude when I was doing some DD last fall. For those who don't know Claude Resources is one of Canada's highest regarded intermediate Gold producers. THey also have an interest in and working relationship with Shore Gold SGF.A who will be drilling off 300 million tonnes of diamondiferous kimberlite next door to the KTR/DEBEERS project soon.
Winspear management and the prospects for their project are very highly regarded in the Canadian mining circles. No responsible person is casting any doubt about the integrity or ability of the people involved.
The results and reports so far stand up to the most rigorous scrutiny.
The proof will be in the bulk sample results and if they remain reasonably consistent with expectations Winspear will be the stock to own, with the emphasis on buying it before everyone in the world wants a share at nearly any price.
I am also bullish on Claude and Shore Gold.

shoregold.com
April 22nd, 1998
"Drilling intersected 4 distinct kimberlite zones in each hole. The two most
signiÞcant zones are a 45 m thick, highly diamondiferous kimberlite ÒßowÓ
near the top of the rock sequence, and 50 m below it a 4 m thick zone also
returning a good diamond count. The core samples were processed using
caustic fusion to recover both microdiamonds and macrodiamonds.

A total of 749 diamonds including 67 macrodiamonds (those diamonds with
one dimension greater than 0.5 mm) were recovered from 983 kg of sample.
This included the largest diamond recovered to date measuring 2 mm in one
dimension.The Main Zone accounted for 94% of total diamonds (702 stones
from 818 kg) and 97% of the macrodiamonds (65 stones). Ninety-one percent
of the stones are clear with no inclusions, and 89% are clear and white. Two
percent of the clear stones exhibit some color including clear yellow.
Eighty-one percent of the diamonds exhibit good crystal structure, 11% are
multiple crystals and aggregates and only 8% are fragments.