Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Lilian Debray who wrote (3900)	5/17/1999 10:28:00 AM
From: teevee	Read Replies (1) \| Respond to of 5206

Lillian, "Alluvial processes tend to enhance grade not the opposite. "Heavy mineral separation of these and other FALC extra-crater deposits indicate a significant upgrading of heavy mineral (S.G. >2.9g/cc) in the reworked sections [...] This implies the diamond distribution has been strongly upgraded in the reworked strata relative to the primary." Kevin Leahy - March 1998"" I did say there would be an upgrading effect, however, the nature of alluvial or placer enrichment will mean a thin, narrow, ribbon like "pay streak" with insignificant tonnage, snaking across the top of the beveled kimberlite craters.....IMO, the economic potential of that situation is zero, especially under the amount of water saturated overburden present at FALC....also, you may remember that the concept of paleo beach placers adjacent to the kimberlites was tested previously without success.... regards and good luck with your KRT, teevee