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Big Red Diamond Corporation Announces the Acquisition of the Frederike Property.


MONTREAL -- Big Red Diamond Corporation ("BRDC BRDC British Racing Drivers' Club (UK)
BRDC British Racing Drivers' Club
BRDC Bovine Respiratory Disease Complex
BRDC Biotechnology Research and Development Corporation (Peoria, Illinois) 
") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:DIA) is pleased to announce the acquisition of 110 claims (CDC's) covering an area of 4,398 hectares, namely within the Le Tac, Le Sueur Le Sueur may refer to:
  • Le Sueur, Minnesota, a city
  • Le Sueur County, Minnesota
  • Le Sueur River, a river in Minnesota
  • Hubert Le Sueur, a French sculptor
  • Jean Le Sueur, a French priest
  • Meridel Le Sueur, an American writer
 and Margry townships, known as the "Frederike" property.The claims are east of the town of Desmaraisville located approximately halfway between Val d'Or Val d'Or (väl dôr), town (1991 pop. 23,842), SW Que., Canada, SE of Rouyn-Noranda. It is a mining center. Gold was discovered in the region in 1909; copper, zinc, lead, and molybdenum are also mined.  and Chibougamau, Quebec.Excellent road infrastructures and an elaborate network of forestry access roads cover the property and make for easier, cost-effective exploration.

The property was acquired from Chantale Cloutier of Lachine, Quebec, against the issuance of 900,000 common treasury shares of BRDC.

These claims were selected based on favourable results obtained by other mining exploration companies in the vicinity and close examination of provincial and federal airborne geophysical data.

The property falls within the corporation's requirements for diamond exploration properties, namely its presence in a known kimberlite kimberlite: see diamond.
kimberlite
 or blue ground

Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix.
 and diamond exploration region, being in close proximity to roads, infrastructures and communities that can sustain the basic services basic services,
n.pl frequently insurance companies split dental procedures into basic and major categories. Basic services usually consist of diagnostic, preventive, and routine restorative dental services.
 required by mining exploration activities.Exploration efforts including reconnaissance overburden sampling should begin on the property during the first semester of 2006.

The Desmaraisville regions hosts 3 known kimberlites: Northern Mining's Le Tac Kimberlite pipe is known to be diamond-fertile, Exploration Orbite's Certac pipe and dykes have received some exploration work and detailed petrological analysis which point to favourable potential and the other, the lesser known Le Sueur pipe is located a few kilometres north of the previous two. This region has only received sporadic exploration in the past and the Corporation believes that it offers the similar discovery potential as the New Liskeard region while being within an established mining camp.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 does not accept responsibility for adequa cy or accuracy of this release.

Big Red Diamond Corporation (TSX VENTURE:DIA)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Big Red Diamond Corporation Announces the Acquisition of the Frederike Property.
Publication:Business Wire
Geographic Code:1CANA
Date:Dec 7, 2005
Words:299
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