Replies to post #27233 on CMKM Diamonds Inc (fka CMKX)

[Casprs1]

Awesome news Sub! Thanks for the call.

[wolf2]

Great information... Thank you for sharing sub.

[junkmasterg]

awesome!!! great job sub eom.

[originunknown]

kudos to you sublime!!

[coalesce]

Thanks Sub, we all needed to hear that.

I just hope Uncle Melvie isn't leaking insider info...

[NewbieS]

Sub? Have I told you lately how much I love you??? ;) thank you very much!

[SpillWay]

Man, when you hear it from Sub, it's kinda like it ought to be engraved in a stone tablet, ya know?

[100lbStriper]

Sub, your the best !!!eom.

[dustybutler1]

Spoke with Rick Walker, President of Shane Resources today... nice guy and very informative!!

Looks like we might be having some news VERY soon.

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19853511

February 26, 2004 16:38

U.S. Canadian Minerals Inc. & CMKM Diamonds Inc. Announces Joint Venture
Jump to first matched term

LAS VEGAS, Feb 26, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTC BB: UCAD) announced today that the company has entered into a joint venture with CMKM Diamonds Inc. (Pink Sheets: CMKM). The following is an excerpt from CMKM's press release issued earlier today:

CMKM Diamonds (formerly Casavant Mining Kimberlite International) announced a negotiated Definitive Agreement for a Major Airborne Survey in the Fort a La Corne Canadian kimberlite fields. Their board of directors announced they have successfully negotiated and completed a contract with Goldak Airborne Surveys. A tri-axial magnet gradient survey will be conducted over an area of approximately 53,841 km in the Fort a la Corne and surrounding area and is scheduled to commence in approximately three weeks.

"We plan to work aggressively to make this happen for the shareholders and all the companies involved!" said Chairman Urban Casavant. "We will identify known as well as search for new potential kimberlite pipes within our claims."

"This tri-axial magnet gradient survey is the same survey conducted on Kensington Resources Ltd. KRT claims in the Fort a la Corne area producing outstanding known results," continued Casavant. See Kensington Resources Ltd. KRT Press Release 01-21-2004

Six new anomalies with magnetic character indicative of kimberlite bodies in the Fort a La Corne area were identified. Tri-axial gradient data was obtained for all of the Joint Venture land area from the airborne Goldak Tri-Max System run on 150-meter lines and on a 40-meter cell size. The anomalies are located across the length of the known kimberlite trend and in-house specialists at De Beers are modeling the size of these features. The high resolution of this survey will also permit re-definition of many of the historical kimberlite outlines.

Due to the overall cost and the magnitude of this survey area to be conducted, financing for the survey will be provided through a joint venture between CMKM Diamonds Inc. and several other Fort a La Corne claim owners whom are publicly U.S. and Canadian Exchange traded companies.

CMKM Diamonds Inc. has entered into an agreement between U.S. Canadian Minerals (UCAD) OTC:BB, which holds claims in more than 500,000 acres adjoining CMKM Diamonds Inc. claims in the Fort a la Corne area along, with Rick Walker, company president of Shane Resources (SEI.H) CDNX, Consolidated Pine Channel (KPG) CDNX, and United Carina Resources (UCA) CDNX, to share the cost on this major airborne survey. "This joint venture should prove to be mutually beneficial to all the companies involved," explained CEO and President Rendal Williams of U.S. Canadian Minerals (UCAD OTC:BB). "Working hand-in-hand with our neighboring companies in a joint effort of this size will not only save large amounts of expense for each company in exploration stage work but share common ground with technologies and experiences to bring success to all of our shareholders."

There is no guarantee, however, that the survey will identify any kimberlite or kimberlite pipes. Even if numerous kimberlite pipes are identified there is no guarantee that any such kimberlite pipes will contain any diamonds.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.

SOURCE: U.S. Canadian Minerals Inc.

[hockeypond]

Subs point on "no" drilling on Carolyn does not fare well for KPG and UCA.

[hansum]

Thanks for all your hard work, Sublime.
I'm Vera, Vera impressed with how you run this board!
Soon as I pay my income tax bill (we don't have to file until June 15 here in Canada when we're self-employed, and I owe big time this year) I'm going to subscribe and really enjoy iHub to the max.

[MsPenny4]

Sublime- Thanks so much. I trust what you post 100%.

[carbon_allotrope]

Thanks for passing on this info. Now one more thing; find out where they're sending the drill :)

[Renee_H]

Re: post #27224 - You ROCK! I know you didn't really want to make that call. Thank you.

[billy_at_the_beach]

Thx Sub, that sounds good to me. I reckon my 1000% profit is still good-to-go. Take it easy.

[Miri]

I'm curious... Carolyn pipe is diamondiferous they report... But they aren't drilling it, and they're moving the drill to another site. Only thing I can think of is that maybe they found something big elsewhere? Either that or the Carolyn Pipe doesn't actually have anything valuable in it, maybe? Seems to me if the lab results were good enough, they'd want to start drilling right away in order to generate a profit from it. Unless 'mining the Carolyn Pipe' and 'drilling the Carolyn pipe' are two different things? Just my thoughts.

[skunksyard]

sub...thanks...a straight, non hype factual recount....great job...