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Post by Franko10 ™ on Jan 31, 2005 14:25:16 GMT -5
Kensington Resources Ltd: Mineral Services Hired for Technical Work at Fort a la Corne
VICTORIA, British Columbia--(BUSINESS WIRE)--Sept. 29, 2003
Kensington Resources Ltd. (the "Company") is pleased to announce that it has retained Mineral Services Canada Inc. to continue ongoing due diligence and corroboration work for the Fort a la Corne Diamond Project in Saskatchewan. Mineral Services Inc. is operated by world kimberlite and diamond experts including Professor John Gurney, Dr. Rory Moore, and Dr. Tom Nowicki with a support staff of equally notable professionals. This team of seasoned geoscientists provides significant expertise in the evaluation of diamond resource potential and kimberlite geology that meshes well with the continued technical efforts by the Company.
Mineral Services is tasked with an overall review of geology and previous results for the Fort a la Corne Kimberlite Field that will lead into focused studies concentrating on the most prospective areas of the 140/141 kimberlite and investigation of other high potential kimberlite bodies.
Using the expertise of proven management and world-class, experienced technical advisors, Kensington Resources Ltd. is actively involved in confirming the economic potential of this deposit and moving the project forward to a development decision as rapidly as possible. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world.
ON BEHALF OF THE BOARD OF DIRECTORS OF KENSINGTON RESOURCES LTD.
David H. Stone, President
FORM 20-F FILE #0-24980
LISTED IN STANDARD & POOR'S
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others, the risk factors contained in the Company's documents filed from time to time with the B.C. Securities Commission and the U.S. Securities and Exchange Commission.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
VICTORIA, British Columbia--(BUSINESS WIRE)--Sept. 29, 2003
Kensington Resources Ltd. (the "Company") is pleased to announce that it has retained Mineral Services Canada Inc. to continue ongoing due diligence and corroboration work for the Fort a la Corne Diamond Project in Saskatchewan. Mineral Services Inc. is operated by world kimberlite and diamond experts including Professor John Gurney, Dr. Rory Moore, and Dr. Tom Nowicki with a support staff of equally notable professionals. This team of seasoned geoscientists provides significant expertise in the evaluation of diamond resource potential and kimberlite geology that meshes well with the continued technical efforts by the Company.
Mineral Services is tasked with an overall review of geology and previous results for the Fort a la Corne Kimberlite Field that will lead into focused studies concentrating on the most prospective areas of the 140/141 kimberlite and investigation of other high potential kimberlite bodies.
Using the expertise of proven management and world-class, experienced technical advisors, Kensington Resources Ltd. is actively involved in confirming the economic potential of this deposit and moving the project forward to a development decision as rapidly as possible. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.25%), De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (5.5%) and UEM Inc. (carried 10%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world.
ON BEHALF OF THE BOARD OF DIRECTORS OF KENSINGTON RESOURCES LTD.
David H. Stone, President
FORM 20-F FILE #0-24980
LISTED IN STANDARD & POOR'S
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Such factors include, among others, the risk factors contained in the Company's documents filed from time to time with the B.C. Securities Commission and the U.S. Securities and Exchange Commission.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
COPYRIGHT 2003 Business Wire
COPYRIGHT 2003 Gale Group
