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


To: RBMac who wrote (1370)4/18/1999 5:43:00 PM
From: Lilian Debray  Respond to of 2006
 
The Northern Miner Vol. 85 No. 8 April 19-26, 1999
Diamonds recovered from Greenland venture
By Rob Robertson
northernminer.com

"Aber Resources (ABZ-T) spent approximately $1 million exploring a property held in joint venture with Platinova (PAS-T). Aber can earn a half-interest by funding all exploration costs until it has either completed 10,000 metres of drilling or taken a 1,000-tonne bulk sample from a kimberlite body.

Aber collected nearly 600 till samples during the summer of 1998, as well as surface samples from several kimberlite dykes and boulder showings, which exhibited "encouraging visible indicator mineralogy." The company previously reported that the results are encouraging and that a drilling program is under consideration for 1999.

Alan Bayless, manager of investor relations and corporate affairs, says that as of Dec. 31, 1998, Aber has dropped a large portion of its licence in order to focus on the most prospective areas. The company now holds 814 sq. km, compared with a previously held 12,140 sq. km. "