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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (1087)	3/19/1999 12:10:00 AM
From: russet	Read Replies (2) \| Respond to of 2006

Hi Red: Just getting caught up with the Winspear thread. Talked to RT at PDAC and got some interesting slants on what's happening. All positive!!!!!! Stock may go down a bit, but she is going to fly up soon cause the big ones are there. Kimberlite is being processed in Diavik mill, and possibly another one too. Stuff is frozen, and full of water,....sucks water up,.....so it must be dried before processing. Takes about two weeks to dry out. RT says 40 trucks are ferrying the kimberlite to processing plants taking 20 to 40 tonnes per load. All kimberlite came from two holes downdip from existing minibulk holes,...6000 tonnes total. Had to remove 40 to 60 meters of overburden from Northwest peninsulare dyke to get this new stuff. 4 drills operating on lake to stepout resource. They are proving up the mine this year for the bankers. Mineing plans starting this year for commissioning next year. We got a mine!!!!!!, based on bulk sample results, coming in June/July of this year. The rumors of a big diamond in the drill cores had basis in fact. RT said they recovered diamond fragments from a drill core, I am presuming came from the Northwest peninsula that appeared to be a 16 to 24 carat diamond,...but because it was in fragments, they didn't report it as a single diamond, but its characteristics indicated it was. We were right!!!!!!! More great stuff to come but I'm on the wrong thread, just got back from PDAC, and I haven't caught up with the SI chats yet. russett