Interesting news should flow from this in the next few weeks. Mostly I'd look for the depth of the intercepts and some 3-d modeling of the kimberlite body. There are also 4 or 5 other anomalies in the vicinity which could come out of the same diamond stability field. Augers have been turning there and the drill program will be hitting them this summer as well. (That leads me to believe that the augers have turned up kimberlite there too.)
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Sola Resource Corp.: Kimberlite Exploration Program Moves Into Top Gear
6/11/2007
- Major drill program commences
- First diamond drill hole progressing on the Carolina kimberlite
- Field staff increases facilitate acceleration of exploration
CALGARY, ALBERTA, Jun 11, 2007 (CCNMatthews via COMTEX News Network) --
Sola Resource Corp. (the "Company") (TSX VENTURE:SL) is progressing with its major drill program on and in the vicinity of the diamond-bearing Carolina kimberlite near Espigao d'Oeste in the State of Rondonia in northwestern Brazil.
The first diamond drill hole, DDH CK-001, is positioned near the centre of the 1.5 hectare (3.7 acre) cleared sector of weathered and undisturbed kimberlite mentioned in the Company's recently disseminated news release of May 24, 2007. This drill is currently progressing well through the kimberlite. The hole is the first of a series of 9 diamond drill holes totaling 2000 metres, which are planned through the Carolina kimberlite. These 9 holes will provide data for the construction of a 3-D model of the kimberlite which will be necessary in calculating potential tonnages for any future development and mining scenarios.
A further 1000 metre program of diamond drilling is being allocated to the testing of other anomalies discovered in the general vicinity of the Carolina kimberlite.
Sola now has 50 field personnel involved in the exploration programs in Rondonia. The geochemical and geophysical exploration projects have, as a result, moved into an accelerated phase in the past month.
Prof. Roger D. Morton B.Sc., Ph.D., P.Geol. (Alta), a qualified person for the purpose of National Instrument 43-101, has reviewed and verified the contents of this news release.
We seek safe harbor.
ON BEHALF OF THE BOARD OF DIRECTORS OF SOLA RESOURCE CORP.
Thomas Kovacs, President
SOURCE: Sola Resource Corp.
Sola Resource Corp. Thomas Kovacs President and CEO (403) 236-0339 (403) 203-3584 (FAX) Email: info@solaresourcecorp.com Website: www.solaresourcecorp.com
Copyright (C) 2007 CCNMatthews. All rights reserved.
