Post by Franko10 ™ on Sept 20, 2004 10:46:39 GMT -5
January 9, 2000
Star Kimberlite Project- Star 002, 008, 014 Results
Jonathan Challis, President, is pleased to report that diamond analyses for the remaining three NQ sized diamond drill holes from the 2000 Phase I drill program on the Star Kimberlite property have now been received. A total of 255 kilograms (kgs) of split kimberlite core were processed with an average projected grade of 38 carats per 100 tonnes (cts/100t). A total of 1,494.5 kgs of core has now been analysed from the 15 NQ holes (1.875 inch diameter) that were drilled in the first half of 2000, resulting in the recovery of 320 diamonds, including 76 macros, weighing 0.404 carats for an average grade of 27 cts/100t. The results from the one PQ hole (3.35 inch diameter), Star 016, are still awaited.
Hole No. Sampled Weight (kg) Sampled Interval (m) No. of Micros <0.5 mm No. of Macros >0.5mm Total Diamonds Projected Grade (cts/100t)
Star 002 61.2 35.7 11 9 20 131
including 21.1 147
and 15.7 284
Star 008 92.6 54.1 17 2 19 24
including 24.8 47
Star 014 101.2 76.5 7 2 9 4
including 16.5 11
TOTAL/AVERAGE 255.0 35 13 48 38
15 NQholes TOTAL/AVERAGE 1,494.5 1,018.3 244 76 320 27
*Note: The lesser sub-intervals reported may be contained within the larger sub-intervals and are meant to illustrate the potential for the occurrence of high-grade sections within the Star Kimberlite body.
Included within the total of 76 macro diamonds that have been recovered are 14 stones with at least one dimension equal to or greater than 1.0 mm. The largest stone to date, a fragment, measures 2 mm and weighs just over 0.05 carats. The macros account for 24% of the number of stones recovered from the 2000 Phase I drill program, but 78% of the total weight of stones recovered.
The caustic dissolution analyses were completed by Kennecott Canada Inc.’s ISO Guide 25 Process Registered Thunder Bay Laboratory using a diamond recovery sieve size of 150 microns (100 mesh) and were done on split drill core samples averaging 8 kg in weight; the other half of the drill core has been retained.
The Company is delighted with the results received to date, representing a substantial increase in the recovered weight of diamonds as compared with the 1996 and 1997 drill programs. Furthermore, all drill holes to date contain both micro and macro stones.
Phase II of the 2000-2001 drill program is currently underway. The program will test the extent of the Star Kimberlite to the northeast and the southeast of the currently defined area of over 2 square kilometres. Preliminary estimates of continuous diamond-bearing kimberlite exceed 200 million tonnes with a minimum thickness of 30 meters, indicated by drill holes and substantiated by geophysical modelling.
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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 Project- Star 002, 008, 014 Results
Jonathan Challis, President, is pleased to report that diamond analyses for the remaining three NQ sized diamond drill holes from the 2000 Phase I drill program on the Star Kimberlite property have now been received. A total of 255 kilograms (kgs) of split kimberlite core were processed with an average projected grade of 38 carats per 100 tonnes (cts/100t). A total of 1,494.5 kgs of core has now been analysed from the 15 NQ holes (1.875 inch diameter) that were drilled in the first half of 2000, resulting in the recovery of 320 diamonds, including 76 macros, weighing 0.404 carats for an average grade of 27 cts/100t. The results from the one PQ hole (3.35 inch diameter), Star 016, are still awaited.
Hole No. Sampled Weight (kg) Sampled Interval (m) No. of Micros <0.5 mm No. of Macros >0.5mm Total Diamonds Projected Grade (cts/100t)
Star 002 61.2 35.7 11 9 20 131
including 21.1 147
and 15.7 284
Star 008 92.6 54.1 17 2 19 24
including 24.8 47
Star 014 101.2 76.5 7 2 9 4
including 16.5 11
TOTAL/AVERAGE 255.0 35 13 48 38
15 NQholes TOTAL/AVERAGE 1,494.5 1,018.3 244 76 320 27
*Note: The lesser sub-intervals reported may be contained within the larger sub-intervals and are meant to illustrate the potential for the occurrence of high-grade sections within the Star Kimberlite body.
Included within the total of 76 macro diamonds that have been recovered are 14 stones with at least one dimension equal to or greater than 1.0 mm. The largest stone to date, a fragment, measures 2 mm and weighs just over 0.05 carats. The macros account for 24% of the number of stones recovered from the 2000 Phase I drill program, but 78% of the total weight of stones recovered.
The caustic dissolution analyses were completed by Kennecott Canada Inc.’s ISO Guide 25 Process Registered Thunder Bay Laboratory using a diamond recovery sieve size of 150 microns (100 mesh) and were done on split drill core samples averaging 8 kg in weight; the other half of the drill core has been retained.
The Company is delighted with the results received to date, representing a substantial increase in the recovered weight of diamonds as compared with the 1996 and 1997 drill programs. Furthermore, all drill holes to date contain both micro and macro stones.
Phase II of the 2000-2001 drill program is currently underway. The program will test the extent of the Star Kimberlite to the northeast and the southeast of the currently defined area of over 2 square kilometres. Preliminary estimates of continuous diamond-bearing kimberlite exceed 200 million tonnes with a minimum thickness of 30 meters, indicated by drill holes and substantiated by geophysical modelling.
--------------------------------------------------------------------------------
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