Replies to post #86983 on CMKM Diamonds Inc. (fka CMKX)

[lasombra]

5MILES to CMKX DRILL SITE
Diamond prospects improving
The outlook for Shore Gold is getting brighter the further down the tunnel they go.

BY JORDIE DWYER
Journal Staff

Nipawin Journal -- Diamond prospects improving
BY JORDIE DWYER
Journal Staff
The outlook for Shore Gold is getting brighter the further down the tunnel they go.
Last Thursday, the company released its fourth set of results from its bulk sample program in Fort a la Corne and the figures continue to show promise.
A further six batches - bringing the total to 22 out of around 100 - found another 1,463 commercial sized stones (larger than 1.18 millimetres) weighing a total of 223.6 carats as well as 163 smaller stones (between 1.17 and 0.85 mm) with a weight of 2.6 carats.
The more impressive number though is the average grade for the six batches. At 18.01 carats per hundred tonnes, it has given rise to renewed optimism at Shore Gold.
"The samples processed to date have produced a significant number of large diamonds," said George Read, Sr. vice-president of exploration for Shore.
"The abundance of large, quality stones will have a highly positive effect on the economics of the project."
More drilling
A five company joint venture announced earlier this month that it will soon begin drilling on a claim that is near the Fort a la Corne region that has been proven to have significant diamonds.
The joint venture includes Shane Resources (TSXV: SEIH), United Carina Resources (TSXV: UCA) and Consolidated Pine Channel Gold (TSXV: KPG) - all from Saskatoon - along with Las Vegas-based CMKM Diamonds (OTCBB: CMKM) and U.S. Canadian Minerals (OTCBB: UCAD).
The claim is located about 12 kilometres northwest of the site currently producing diamonds for Shore Gold.
The joint venture didn't release any information regarding the drilling program or how much it is planning to spend.