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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: PHILLIP FLOTOW who wrote (2542)	3/4/1999 6:12:00 PM
From: Gord Bolton	Respond to of 7235

This is the last report that I could find on the pipe just intersected in Lac De Gras. Any more info anyone? SOUTHERNERA RESOURCES LIMITED - ENCOURAGING MACRO-DIAMOND RESULTS FOR C-12 PIPE IN DIAVIK PROJECT - NEW HIGH COUNT MINERAL TRAINS FOUND ON LAC DE GRAS TORONTO, Aug. 25, 97 /CNW/ - DIAVIK PROJECT, COMMONWEALTH BLOCK, LAC DE GRAS AREA (SUF 10% CARRIED INTEREST TO THE DATE OF A PRODUCTION DECISION) --------------------------------------------------------------- Diavik Diamond Mines Inc. has reported microdiamond results from 257.5kg of core from the C-12 kimberlite processed at Kennecott Canada Exploration Inc.'s Thunder Bay facility. The sample yielded 30 macro and 44 microdiamonds. The macrodiamonds included 8 stones over 1mm, 2 over 2mm and 3 over 3mm in size as defined by the maximum dimension. The presence of encouraging numbers of diamonds in these size ranges is considered positive and indicates a favourable stone size distribution similar to other pipes in the area. Further delineation drilling of the C-12 kimberlite is contemplated for the fall of 1997 and positive results from this work should warrant a mini-bulk sampling program using large diameter core, during the winter of 1998. LAC DE GRAS (SUF 40% - KENNECOTT 60%) ------------------------------------- Elsewhere in the Northwest Territories on SouthernEra's Lac de Gras Block, Kennecott Canada, the operator, has reported results from a reverse circulation drilling program completed this spring where 27 holes were drilled from the frozen lake surface in a line perpendicular to the glacial ice direction. Sampling of overburden/till up to 4 metres thick above bedrock has indicated at least two kimberlitic mineral trains with unusually high concentrations of kimberlitic minerals including garnets, chromites, ilmenites, chrome diopsides, orthopyroxenes and olivines. Peak total mineral counts per hole, on each train, were 834 and 620 grains respectively. The high counts, which included the presence of abundant orthopyroxene and olivine may be indicative of nearby kimberlite pipe sources on the Lac de Gras property. Analysis of the minerals is underway and follow-up work is likely to take place next winter. -30-