Carlin Resources Corp. provides update on diamond exploration project - Ghana, West Africa.
Field work begun in October continues to follow up bedrock diamond targets generated by last season's bulk stream sediment surveys, geophysical surveys and laboratory diamond studies. Over 300 field laborers are presently employed on the project. Since October, 216 reconnaissance pits have been excavated on bedrock targets and saprolitic (clay) bedrock samples from 130 of those pits have been processed at the company's on site washplant. Results to date have revealed five zones of ultramafic (possibly kimberlite) bedrock. Diamonds grading up to 0.5 carats per cubic meter have been recovered from two of these zones, both in the vicinity of Kokotintin Hill. Initial indications are that these zones may be more than 25 meters wide.
A program of trenching on all five ultramafic bedrock zones has begun to test both widths and diamond grades. Results from the remaining 86 reconnaissance pits and the ultramafic bedrock trenches will be released on an ongoing basis.
Carlin's common shares are listed on The Vancouver Stock Exchange (CLM).
(signed) James M. Carter President & CEO
Head Office: Suite 670 - 355 Burrard Street, Vancouver, BC V6C 2G8, Telephone: (604) 687-6506, Fax: (604) 687-6504
CONTACT: Carlin Resources Corp., Vancouver
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|Date:||Mar 3, 1997|
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