Owner
Post by Franko10 ™ on Dec 13, 2004 16:57:20 GMT -5
2004-12-13 17:01 ET - News Release
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Richard Walker of United Carina reports
UPDATE ON HEAVY MINERAL SAMPLING RESULTS UCA / KPG JOINT VENTURE IN THE PEACE RIVER - BUFFALO HILLS DIAMOND PLAY
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. have provided the initial results from the processing of five regional heavy mineral samples. Two of the samples were from surface till and the later three were stream sediments from within the North Heart River drainage. The till samples only produced one pyrope garnet, while the stream sediments produced 13 pyrope garnets of similar G-9 composition to those previously obtained by United Carina near Carmon Lake. In addition, 11 chrome diopsides were also obtained along with numerous olivine grains. The kimberlite indicators are similar in composition to those reported by Ashton in the Buffalo Hills. The presence of the kimberlitic indicators within the North Heart River drainage demonstrates the prospective nature of the United Carina/Consolidated Pine Channel property.
United Carina and its 50/50 joint venture partner, Consolidated Pine Channel, acquired by staking 138,240 hectares (341,586 acres) approximately 70 kilometres southwest of Ashton Mining of Canada's K296 kimberlite pipe located in the Buffalo Hills of Northern Alberta. Ashton's exploration in the area has discovered 38 kimberlites, of which 25 are diamondiferous.
The United Carina/Consolidated Pine Channel property is situated along several parallel northeast/southwest-trending basement linear features, which transect the Ashton's Buffalo Hills block, which extend southwest into the vicinity of previously, located kimberlitic indicator minerals within overburden whose source remains unknown. The previous indicator mineral gain morphology (surface condition) tended to show a relatively short transport distance. The discovery of kimberlitic indicators within stream sediments shows that the North Heart River drainage likely hosts kimberlitic intrusives.
Microprobe analysis for these samples was conducted by SRC, an ISO1725-certified laboratory for specific testing. The qualified person for the property is Paul A. Hawkins, PEng. A program to review indicator mineral occurrences and airborne geophysical data is under way.
Title to seven claims that the companies contracted to be staked on Nov. 1, 2004, is now under dispute. The claims were to be added to a joint venture the companies have with CMKM Diamonds and United States Canadian Minerals (UCAD bulletin board). The companies feel that all their contractual obligations to obtain these claims have been met and that title to the claims will be obtained by the companies
Also News Release (C-KPG) Consolidated Pine Channel Gold Corp
Mr. Richard Walker of United Carina reports
UPDATE ON HEAVY MINERAL SAMPLING RESULTS UCA / KPG JOINT VENTURE IN THE PEACE RIVER - BUFFALO HILLS DIAMOND PLAY
United Carina Resources Corp. and Consolidated Pine Channel Gold Corp. have provided the initial results from the processing of five regional heavy mineral samples. Two of the samples were from surface till and the later three were stream sediments from within the North Heart River drainage. The till samples only produced one pyrope garnet, while the stream sediments produced 13 pyrope garnets of similar G-9 composition to those previously obtained by United Carina near Carmon Lake. In addition, 11 chrome diopsides were also obtained along with numerous olivine grains. The kimberlite indicators are similar in composition to those reported by Ashton in the Buffalo Hills. The presence of the kimberlitic indicators within the North Heart River drainage demonstrates the prospective nature of the United Carina/Consolidated Pine Channel property.
United Carina and its 50/50 joint venture partner, Consolidated Pine Channel, acquired by staking 138,240 hectares (341,586 acres) approximately 70 kilometres southwest of Ashton Mining of Canada's K296 kimberlite pipe located in the Buffalo Hills of Northern Alberta. Ashton's exploration in the area has discovered 38 kimberlites, of which 25 are diamondiferous.
The United Carina/Consolidated Pine Channel property is situated along several parallel northeast/southwest-trending basement linear features, which transect the Ashton's Buffalo Hills block, which extend southwest into the vicinity of previously, located kimberlitic indicator minerals within overburden whose source remains unknown. The previous indicator mineral gain morphology (surface condition) tended to show a relatively short transport distance. The discovery of kimberlitic indicators within stream sediments shows that the North Heart River drainage likely hosts kimberlitic intrusives.
Microprobe analysis for these samples was conducted by SRC, an ISO1725-certified laboratory for specific testing. The qualified person for the property is Paul A. Hawkins, PEng. A program to review indicator mineral occurrences and airborne geophysical data is under way.
Title to seven claims that the companies contracted to be staked on Nov. 1, 2004, is now under dispute. The claims were to be added to a joint venture the companies have with CMKM Diamonds and United States Canadian Minerals (UCAD bulletin board). The companies feel that all their contractual obligations to obtain these claims have been met and that title to the claims will be obtained by the companies
