The Fort A la Corne region is supposed to be significvantly more diamondiferous, more macro diamonds, beter, quality etc...
as it flies in the face of the information I have on the FALC region. Current results from Shore shows cpht rates much lower than the NWT pipes. As a matter of fact, one of the main reasons that the FALC area is so far behind the timetable of NWT is because the grade from sampling for NWT was so obviously feasible that it led to fairly rapid deployment.
FALC seems, so far, to be hovering in the 17-25 cpht (Shores latest, it highest yet, showed roughly 18cpht).
While I do not disagree the final results of the bulk sampling in the FALC area may prove out to be as good as you feel but the information so far does not support it. Indeed, the articles I have read indicate that the results thus far are not as optimistic as the NWT play was. This, by no means, says that the FALC area is a bad play. Each play is based on its own merits: 4 C's of find, access to major center, roads etc.
Unfortunately, Kensington/DB does not provide easily gathered details on their cpht sampling from 140/141 or others.
I am happy to be proven wrong but I don't think it is prudent to use anything but proven grades for our area when potential valuations are being discussed.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.