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[QUOTE]Originally posted by Doji say what!!: [QB] this one is a good read!!!! hold thouse shares!!!! Nipawin Journal — Diamond work progressing swiftly BY JORDIE DWYER Journal Staff With the mining of kimberlite continuing, Shore Gold is moving forward with its plan to explore more of its claims at Fort a la Corne. An aerial geophysical survey done recently found seven new targets, over and above the seven the company already had discovered. One of the new targets, according to Shore Gold, is of a significant size and one previously known target was found to be larger than was first thought. A consulting geophysicist from Australia will complete a detailed interpretation of the survey, expected to be finished by the end of this month. Exploration drilling of the new targets should start before the end of July. As for the 25,000 tonne bulk sample being taken from the Star kimberlite body, work is progressing along smoothly. The shaft has reached its final 250 metre depth and been lined with concrete with sump pumps installed at the bottom. Mining is continuing in the two lateral drifts - one heading northeast and the other southeast. Core drilling ahead of the mining of the drifts has indicated that the kimberlite body may actually be larger than first anticipated. More than 9,000 tonnes of kimberlite has been mined as of Thursday with more than 6,700 wet tonnes processed through the on-site plant. Six batches of diamond concentrate have been shipped to a laboratory for final recovery with some of the early batches being as large as 1,000 tonnes. However, the batches presently being shipped are in the 300-tonne range in order to facilitate and more accurately define regions of high diamond grade. The tailings from the plant have also been shipped off for further processing to find diamonds that are between one and 0.85 millimetres in size. Once the results of both tests on each batch are complete, Shore Gold will release them to the public. It is expected that the first results should be out before June 24. There has been a flurry of announcements lately from Victoria-based Kensington Resources on their work in Fort a la Corne that is steadily moving forward. It was announced Tuesday that an airborne geophysical survey was finished last week to get a better look at their current kimberlites and search for new bodies. Some new technology, which has come forward in recent months is allowing for new discoveries to be made. David Stone, now a director with Kensington, stated in a press release that several new anomalies have been found that suggest there are more non-magnetic kimberlite bodies on their claims. Those anomalies were the reason for the new survey, which covered about 840 line kilometres. The results are expected sometime next month. On Friday, Kensington released its first set of microdiamond results from its fall and spring drilling program. The Saskatchewan Research Council found 327 microdiamonds from more than 412 kilograms of core from kimberlite 122. At least six stones were in the sampling were considered macro stones. Diamonds smaller than 0.075 millimetres were not included in the results. The results have also provided Kensington, along with their joint venture partners DeBeers, Cameco and UEM, with a preliminary geophysical model of body 122. That model shows the body is divided into two distinct craters and a smaller third region. Further results from drilling in kimberlite bodies 148, 140/141 and 150 are expected to be released over the coming months with the results assisting in a decision on where delineation drilling and mini-bulk sampling will be done later this year. In the boardroom, Kensington announced May 17 that Robert McCallum was hired as their new president effective next month. McCallum was the president and chief operating officer for Philex Mining in the Philippines until he retired in 1998. Since then, he has been a consultant for a South African gold mine company. [/QB][/QUOTE]
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