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Post by Franko10 ™ on Jan 31, 2005 12:36:33 GMT -5
Kensington Resources Ltd. - Diamond Count Results For Two Large Diameter Drillholes Expected In Early December 2001
VICTORIA, British Columbia--(BUSINESS WIRE)--Nov. 20, 2001
Kensington Resources Ltd. (the "Company") is pleased to announce the impending completion of diamond recovery for two of the ten large diameter (24-inch) boreholes recently drilled at the Fort a la Corne Diamond Project. Kensington and the other Joint Venture partners await the diamond recovery and valuation results for stones (greater than) 1.5 mm from samples representing 889.8 tonnes of kimberlite (768.84 tonnes from body 141 and 120.96 tonnes from body 150) excavated this past summer. In addition, some 2,413 metres of core will be studied in detail during parallel efforts by Dr. Barbara Scott-Smith, and by Brent C. Jellicoe, P.Geo.
De Beers Canada Exploration Inc. has indicated that they will report results including diamond counts and weights by sieve size for two drillholes, from the high priority kimberlite body 141, in December 2001. De Beers also has indicated that final diamond recoveries for the remaining samples from 141 and those from kimberlite 150 are scheduled for the first quarter of 2002. The Company anticipates reporting these results as they are received and evaluated.
Kensington Resources now has available an informative project commentary, which is available on VHS cassette or compact disk (CD). Interested parties can contact William Callahan at (250) 361-1578 or visit www.kensington-resources.com to order a copy.
The Fort a la Corne Diamond Project is a joint venture among De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (CCO-TM;CCJ-DNQX;CMECF-L) (5.5%), UEM Inc. (carried 10%), and Kensington Resources Ltd. (KRT-CDNX;KNSRF-L) (42.25%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world. The 2001 program is funded by Kensington, De Beers, and Cameco.
ON BEHALF OF THE BOARD OF DIRECTORS OF
KENSINGTON RESOURCES LTD.
(signed) "David H. Stone"
David H. Stone
President
TRADING SYMBOL: KRT-CDNX
For further information, please contact William Callahan, Manager of Investor Relations at (250) 361-1KRT or by e-mail at bill@kensington-resources.com
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
VICTORIA, British Columbia--(BUSINESS WIRE)--Nov. 20, 2001
Kensington Resources Ltd. (the "Company") is pleased to announce the impending completion of diamond recovery for two of the ten large diameter (24-inch) boreholes recently drilled at the Fort a la Corne Diamond Project. Kensington and the other Joint Venture partners await the diamond recovery and valuation results for stones (greater than) 1.5 mm from samples representing 889.8 tonnes of kimberlite (768.84 tonnes from body 141 and 120.96 tonnes from body 150) excavated this past summer. In addition, some 2,413 metres of core will be studied in detail during parallel efforts by Dr. Barbara Scott-Smith, and by Brent C. Jellicoe, P.Geo.
De Beers Canada Exploration Inc. has indicated that they will report results including diamond counts and weights by sieve size for two drillholes, from the high priority kimberlite body 141, in December 2001. De Beers also has indicated that final diamond recoveries for the remaining samples from 141 and those from kimberlite 150 are scheduled for the first quarter of 2002. The Company anticipates reporting these results as they are received and evaluated.
Kensington Resources now has available an informative project commentary, which is available on VHS cassette or compact disk (CD). Interested parties can contact William Callahan at (250) 361-1578 or visit www.kensington-resources.com to order a copy.
The Fort a la Corne Diamond Project is a joint venture among De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (CCO-TM;CCJ-DNQX;CMECF-L) (5.5%), UEM Inc. (carried 10%), and Kensington Resources Ltd. (KRT-CDNX;KNSRF-L) (42.25%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world. The 2001 program is funded by Kensington, De Beers, and Cameco.
ON BEHALF OF THE BOARD OF DIRECTORS OF
KENSINGTON RESOURCES LTD.
(signed) "David H. Stone"
David H. Stone
President
TRADING SYMBOL: KRT-CDNX
For further information, please contact William Callahan, Manager of Investor Relations at (250) 361-1KRT or by e-mail at bill@kensington-resources.com
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COPYRIGHT 2001 Business Wire
COPYRIGHT 2001 Gale Group
