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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Falcon095 who wrote (3776)5/2/1999 12:16:00 AM
From: Falcon095  Read Replies (1) | Respond to of 5206
 
To the KRT Faithful:

Part of the challenge for the JV partners (and associated geologists, academics, and shareholders) has been to gain a greater understanding and appreciation of this kimberlite cluster - the learning curve has been challenged by the obvious complexities; incongruencies; and 100 metres (+/-) of overburden. One of the important questions posed has been: "Are there larger stones?"

The jury is still out, but Kevin Leahy (1996 doctoral thesis, University of Leeds) speculates that there may be some ground for optimism: He states the following:

"The quartz sands and silts observed on the eastern edge of the FALC cluster have very low heavy mineral concentrations, but allude to very significant deposits of good quality and large diamonds in deposits which may be the Cretaceous analogue of the offshore diamond deposits, currently being exploited in Namibia...." (p.231)

There are many other "gems" buried in Leahy's comprehensive work. I hope you enjoyed reading the selected tidbits from his "labour of love" - the thesis is a "must read" for Northern Miner types. Enjoy!!!

From a VERY Tired FALCON095

P.S. Our company had an important role to play in Operation Fish Scale - see p.248!