InvestorsHub Logo

IQ1

03/10/10 12:39 PM

#297319 RE: mretgnol #297316

CMKX was drilling and I don't understand why this is being covered up ?

CMKM was drilling, hence the 42.5% venture between CMKX and kensington....

(Kensington/De Beers/Cameco)
Currently, land holdings held under the Fort à la Corne joint venture agreement focusing on kimberlite body 141/140. Kimberlite body 141 and 140, both previously thought to be two separate bodies, are now understood to form a single, large kimberlite body estimated at over 500 million tonnes -- making it the largest macro diamond bearing kimberlite in the world.

Unless the report below is all made up too:
http://google.brand.edgar-online.com/displayfilinginfo.aspx?filingid=4042106&tabindex=2&type=html

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - Feb. 22, 2005) - Kensington Resources Ltd. (the "Company") (TSX VENTURE:KRT) announces that its board, and the board of De Beers Canada Inc, the project operator, has approved an Advanced Exploration and Evaluation Plan (the "Plan" or "AE&E Plan") for the Fort a la Corne joint venture project. The Plan, which was prepared by the JV Management Committee, describes an accelerated work program that will advance the project to a pre-feasibility decision in 2008. The budget for the 2005 program is CDN $25.6 million.

This budget is the largest investment to date to be spent on an annual work program at Fort a la Corne.