Post by Franko10 ™ on Sept 20, 2004 10:34:55 GMT -5
March 10, 2000
Star Kimberlite - Progress Report Seven Holes Completed Record Intersection In Hole #7
Jonathan Challis, President, is pleased to report that seven drill holes have been completed on the company's 100 percent-owned Star Kimberlite Project, with drilling underway on the eighth hole. Drill holes Star #005, #006 and #007 were each located in widely different parts of the property to test specific features of the large magnetic anomaly measuring 2 kms by 1.5 kms that defines the Star Kimberlite. Star #005 was drilled to test the southern edge of the anomaly and intersected 27.4 metres of kimberlite. Star #006 was drilled to test part of the eastern edge of the magnetic anomaly and intersected 32.9 metres of kimberlite. The seventh hole was collared in the central part of the anomaly 200 metres south and 50 metres west of Star #004, where 116.2 metres of kimberlite were intersected. Star #007 surpassed #004 and intersected a record 127.4 metres of kimberlite, making it the best kimberlite intersection drilled to date on the property.
All seven holes of the current program have intersected kimberlite and all contain abundant mantle derived garnets and ilmenite in a crater facies kimberlite. Sampling for indicator mineral analysis and sampling for caustic dissolution for diamond extraction is in progress. Results will be reported upon completion of the drill program and once all data has been fully processed. The company has engaged Dr. John Gurney of Mineral Services Ltd. Of Cape Town, South Africa to supervise all aspects of the sampling and diamond analysis.
The Star Kimberlite, located east of Prince Albert, Saskatchewan, is readily accessible by vehicle year round. The current work program of NQ-sized (1.875 inch diameter) core drilling is designed to delineate the kimberlite resource in terms of size and economic potential.
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Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
Star Kimberlite - Progress Report Seven Holes Completed Record Intersection In Hole #7
Jonathan Challis, President, is pleased to report that seven drill holes have been completed on the company's 100 percent-owned Star Kimberlite Project, with drilling underway on the eighth hole. Drill holes Star #005, #006 and #007 were each located in widely different parts of the property to test specific features of the large magnetic anomaly measuring 2 kms by 1.5 kms that defines the Star Kimberlite. Star #005 was drilled to test the southern edge of the anomaly and intersected 27.4 metres of kimberlite. Star #006 was drilled to test part of the eastern edge of the magnetic anomaly and intersected 32.9 metres of kimberlite. The seventh hole was collared in the central part of the anomaly 200 metres south and 50 metres west of Star #004, where 116.2 metres of kimberlite were intersected. Star #007 surpassed #004 and intersected a record 127.4 metres of kimberlite, making it the best kimberlite intersection drilled to date on the property.
All seven holes of the current program have intersected kimberlite and all contain abundant mantle derived garnets and ilmenite in a crater facies kimberlite. Sampling for indicator mineral analysis and sampling for caustic dissolution for diamond extraction is in progress. Results will be reported upon completion of the drill program and once all data has been fully processed. The company has engaged Dr. John Gurney of Mineral Services Ltd. Of Cape Town, South Africa to supervise all aspects of the sampling and diamond analysis.
The Star Kimberlite, located east of Prince Albert, Saskatchewan, is readily accessible by vehicle year round. The current work program of NQ-sized (1.875 inch diameter) core drilling is designed to delineate the kimberlite resource in terms of size and economic potential.
--------------------------------------------------------------------------------
Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202