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

To: WillP who wrote (17120)	3/29/1999 10:53:00 AM
From: Rocket Red	Respond to of 26850

I think thats what everyone things its going to be along time for news. 5 Drills turning,Core is at the Lab What more could people want. Year end is wed so people who are selling are just playing the game. Dr.Bob has said this stock is worth a ton of money already.

To: WillP who wrote (17120)	3/29/1999 11:19:00 AM
From: Rocket Red	Respond to of 26850

WillP Dr.Bob has stated he believes there now is 50mil Tons at Snap Lake and also this will be the Diamond find of the Century. Cheers.

To: WillP who wrote (17120)	3/30/1999 12:09:00 AM
From: Gord Bolton	Respond to of 26850

Given that the dyke-cone sheet will provide justification for building a mine, I wonder if the two pipes east of Snap Lake will eventually make it through the mill. The pipes are under a shallow lake. I would estimate there are at least 2.5 million tonnes of ore to a depth of 100 meters. I do not think that we have carats per Tonne or any valuation of diamonds. In comparison SUFs M1 pipe is 85 meters X 55 meters and hosts .5 million tonnes to 100 meters. The grades do not appear to be spectacular compared to the dyke but once a plant is built it might be worth putting through the mill. Mining would be open pit. Kimberlite Pipes The two pipes, CL125 and CL174, some 150 metres apart, underlie a small lake in the northeast corner of the property. Both pipes, hosted by granitoid rocks, consist of diatreme facies kimberlite, containing, visually, the same abundant indicator minerals noted in till samples. Information regarding diatreme size and diamond content is summarized below; Kimberlite Pipe (CL25, CL174) Data Camsell Lake Property Pipe Shape Dimensions Calc. area hectares)Depth Tested Drill Holes CL-25 Oval 60 x 150m 0.71 132m 2 CL-174 Circular 125m Diameter 1.23 228m 2 Analytical Data Kimberlite Pipes (CL25, CL174) Camsell Lake property Pipe Sample weight(kg-drill core) No. of macros No. of micros Total CL-25 350.4 9 212 221 CL-174 714.1 11 329 340 Macros: Macrodiamonds: with at least one dimension > 0.5 millimetres Micros: Microdiamonds: with dimensions < 0.5 millimetres in diameter Diamond content determined by caustic fusion analysis, Lakefield Research.