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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?


To: Jesse who wrote (1518)3/30/1999 11:53:00 PM
From: Valiant  Read Replies (3) | Respond to of 2514
 
This is all very promising. But the question remains....

How will the market react tomorrow?

Valiant/



To: Jesse who wrote (1518)3/31/1999 8:20:00 AM
From: Jimsy  Read Replies (2) | Respond to of 2514
 
Jesse- Marum, "covering a conservatively estimated area of 30 square
kilometres without any rock cover and with virtually no overburden."

Bbbbbbbut......., if so and any diamonds in this layer of vulcanistics, I simply can't believe that erosion wouldn't have brought some of them to the surface, so that farmers, hikers, fishing the streams, wouldn't have found something of size over the years. Nope, I still buy into the possibility that there might be some economic diamondiferous pipes, but these flat pancake pyroclastic deposits over an area of 30 square kiliometers, which I guess is 5kmX5km, say 2 miles by 2 miles, certainly gives lots of area to test drill.

Who knows in this business, maybe one pocket of this has some goodies. Diamond Fields went looking for diamonds in Labradour, and accidentally discovered Voiseys Bay. When they start reporting some G10s, eglotitic indicators, and show a photo of this us on the web site, we'll certainly sit up and take notice.

Somehow I rather view the 145.27 gms/ton gold over 5 meters plus other good intercepts on Tulawaka of Pangea PGD-t, next door to Suttons big deposit, and now with Barrick as a jv on a property next door, and $10 million in the bank to explore for more, as a significant development of quality to spur Boulay, Apex and the team on to bigger and better findings up on the diamond front.