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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?


To: gemsearcher who wrote (3467)5/22/1999 10:05:00 AM
From: Gord Bolton  Read Replies (2) | Respond to of 7235
 
Uruguay
3. Diamonds

Research into diamond exploration is developing systematically and numerous licences have been granted by DINAMIGE since 1994. Geological theories based on the study of Archaean basement rocks suggest that the characteristics of the Uruguayan geology indicate that primary diamond deposits might exist here, and this is leading to investments in exploration.

This investment process includes several primary achievements attained by Kentilcor in exploration which deserve to be highlighted. Kentilcor is a firm owned by Southern Era, a Canadian company that is executing several diamond production projects in different parts of the world.

Based on an airborne geophysical reconnaissance programme and the gathering of geological samples, this firm has discovered virgin kimberlite fields in Uruguay in the area it has called _Provincia Kimberl¡tica del Rio Arapey_, which is associated with significant quantities of alluvial gold mineralisations. This company's initial find of 12 kimberlites has been encouraging and has justified new investments in exploration.

iosphere.net

Anyone ever heard of Kentilcor?

newswire.ca