CMKX related news:4/07/04 exploration company with a claim in Fort a la Corne reports finding MACRODIAMONDS in its latest drilling program.
BY JORDIE DWYER
Journal Staff
Nipawin Journal -- Another company announces kimberlite find
BY JORDIE DWYER
Journal Staff
A junior exploration company with a claim in Fort a la Corne reports finding macrodiamonds in its latest drilling program.
Montreal-based Forest Gate Resources announced last Wednesday that 37 diamonds larger than 0.5 millimetres in diameter were recovered from more than 485 kilograms of kimberlite.
The drilling of five coreholes was done in November on the company's 6.4 square kilometre claim located about three kilometres northeast of Kensington-DeBeers joint venture claim 140/141.
Current, the company is planning the next phase of exploration on the site.
As for Shore Gold, which is taking a 25,000 tonne bulk sample about five kilometres south of the Forest Gate claim, is moving quickly with its drilling and kimberlite processing.
The main shaft has hit 237 metres with the shaft to end at 250 metres to accommodate the Galloway stage and facilitate mucking of a second lateral drift being drilled at the 235 metre level.
So far about 2,300 tonnes of kimberlite have been processed on-site with additional diamond recovery being done off-site while another 4,600 tonnes is sitting at the surface awaiting processing.
Shore Gold has stated no results from the bulk sample will be released until all 25,000 tonnes has been through processing and final diamond recovery as well as the results rechecked to ensure they are accurate. It is anticipated that could take until the end of this year.
