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

To: Jimsy who wrote (1546)	4/1/1999 8:09:00 AM
From: Wilse	Respond to of 2514

Jimsy: Given your previous post, thought it would be timely to re-post an excerpt from Sudhir's comments earlier in March: ******************************************************* WITH THE TROWEL OF PATENCE WE DIG OUT THE ROOTS OF TRUTH There are many reasons to be optimistic about Marum's chances of discovering kimberlite. Most of these have been discussed in the past and are summarized below. * The Chinchaga project area is highly fractured as it lies on the northern flank of the Peace River Arch. This is desirable because fracturing raises the possibility of the host rock containing minerals of interest, including diamonds. * The distribution of pipes in the Alberta play may be primarily related to the crustal structures of the Peace River Arch. If so, then Marum lands and other lands to the west and northwest of the Ashton main block are favourable since they are riddled with deep crustal faults. Recent geophysical interpretations and field results, from both MMU's and those of other explorers, seem to be supporting this initial interpretation. * The geochemical sampling program in late 1997 recovered indicator minerals that suggest a kimberlite origin. These include, chrome diopsides; G3, G5 and G9 pyropes; and one G11 pyrope with an unusually high chrome content of 13.76%. High chrome in the pyropes is a very positive sign as they are judged to have a diamond inclusion composition. Ashton has also recovered pyropes, with similar chrome content, down-ice of their pipes. Marum only probed a small sub-set of the picked samples as the cost can be anywhere from $50 to $100 per grain. * The till core samples recovered from Target 7 during the 1998 augur drilling included a broad range of indicator minerals. Some of the minerals recovered are considered exclusive to a kimberlite source. The texture and type of indicator minerals recovered suggest a near to source volcanic event. * As announced previously, MMU has also recovered volcanic glass shards and ilmenties with perovskite reaction rims in the vicinity of Target 7. This is virtually exclusive to kimberlite pipes, especially in the quantity recovered by Marum. These ilmenites are also rare in northern Alberta and likely come from a more local volcanic source. Also, these ilmenites would not have survived transport of any great distance in the sedimentary or glacial environment as Mg-ilmenites are destroyed very quickly by physical and chemical alteration. Microprobe results confirmed that the spherules originated in an alkaline volcanic magma. * As previously discussed, the volcanic ash sampled near Target 7 yielded a fragile fragment of a mantle derived "ascent granulite" containing two types of pyroxene and a garnet. The combination of olivine, garnet and two pyroxenes from one sample suggests deep crustal xenoliths from a diatreme/kimberlite have been locally transported to surface. This fragment may have been glacially transported but one would not expect it to survive glacial transport without being completely altered. TOO LONG BURDEN MAKES WEARY BONES All of the above has been known and discussed on these pages since March 1998. Although encouraging, technical success alone will not attract the market, as evidenced by the stale stock price. Caution continues to be urged because diamond exploration commonly targets prospects containing high-pressure minerals such as low-Ca, high-Cr ("G") garnets and high-Cr chromites, similar to inclusions in diamonds. However, this procedure can be ambiguous; some barren pipes contain abundant "G10" garnets, while such garnets are extremely rare in the Argyle pipe, the world's largest diamond producer. Similarly, high-Cr chromites are shed by a wide variety of barren rock types. ******************************************** Hopefully Sudhir will expand further on this subject in his next release. Wilse

To: Jimsy who wrote (1546)	4/1/1999 2:02:00 PM
From: Jesse	Read Replies (1) \| Respond to of 2514

>>Jesse - this mobile processing plant for Marum sounds like quite an optimistic plan for the property in general and if it can be set up inside a warehouse near the site, I expect it would be a suitable way to initially treat a sample of whatever volcanistics is found to get a concentrate. I would think that we would want to find some kimberlitic material, pyropes, eglotitic stones, G10s, chromites, etc, in the drill cores first that would justify setting up the mobile processing plant. Just trying to inject my engineering common sense approach to the logistics of this.<< Se bueno commentarios, Jimsy! And again, rather than my erroneous response, I asked the chief as to his comments. Here's prez Rick Boulay's response: ========================= What a great question. Thanks for passing it on to me for reply. The questioner is absolutely right that some justification is required to go to the next step. Here it is. About one meter above the P-1 Sequence described in the nr, there are dark green volcanic pyroclastic ashes that were encountered in the March 1998 drill program. These contain an entire suite of kimberlite indicators, including some which are very specific to kimberlite and nothing else, for example, ilmenites with perovskite reaction rims. These form only in ascending kimberlite magmas. Also, the geochemistry of the area is such that stream samples taken above the project P-1 sequence are relatively sterile while stream samples taken below the P-1 elevaton are stuffed full of indicators, volcanic glasses, and high-chrome garnets. We consider that we already have more than sufficient justification for proceeding to much larger samples. Regards, Rick Boulay =============================== ---------- Esta bien. Cheers, -j :>