Printer Friendly

DIAMONDS FOUND IN NORTHEAST ONTARIO BY SUDBURY CONTACT MINES

       DIAMONDS FOUND IN NORTHEAST ONTARIO BY SUDBURY CONTACT MINES
    TORONTO, March 30 /PRNewswire/ -- Sudbury Contact Mines Limited, part of the Agnico-Eagle group, has found eight micro-diamonds in a kimberlite pipe just east of Kirkland Lake, Ontario.
    Analysis of three holes on Sudbury Contact's Diamond Lake Project, has resulted in the finding of the micro-diamonds, four of which are gem quality --- as well as G10 garnets, pyrope, chrome diopside and ilmenite, the type of minerals that are often found in commercial diamond deposits.
    "I am greatly encouraged by these preliminary findings," says Paul Penna, president of Sudbury Contact.  "It bears out what I have felt was in the Larder Lake area for the past 19 years," he adds.
    Sudbury Contact is conducting exploration on 9,400 acres (3,804 hectares) and will begin drilling again by mid-year.  There will be more detailed work around the discovery as well, Penna added.
    A further report on analysis of the samples from the late 1991 drilling program is expected to be available by June 19, the date of the Agnico-Eagle group's annual meetings in Toronto.
    The December, 1991 drilling program explored an ultramafic dyke, encountered in reverse-circulation drilling in 1989 and diamond drilling in 1990.  Previous to 1991, four drill holes intersected a kimberlitic pipe-and-dyke structure over a 400-meter strike length.  In December, 1991, two holes delineated kimberlite with both holes traversing down the pipe to depths of 250 to 350 meters respectively.
    -0-                     3/30/92
    /CONTACT:  Paul Penna, president of Sudbury Contact Mines, 416-947-1212, or Paul Goldstein of PGPR, 416-781-9498, for Sudbury Contact Mines/
    (SUD.) CO:  Sudbury Contact Mines Limited ST:  Ontario IN:  MNG SU: SM -- NY036 -- 2796 03/30/92 10:39 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 30, 1992
Words:282
Previous Article:FORD CONTINUES CUSTOMER CASH INCENTIVES ON SELECTED MODELS
Next Article:BLUE CROSS & BLUE SHIELD REPORTS $35 MILLION NET INCOME
Topics:


Related Articles
MORE GEM-QUALITY DIAMONDS FOUND IN SUDBURY CONTACT SAMPLES
SUDBURY CONTACT LAUNCHES MAJOR DIAMOND SEARCH INCLUDING BEAVERHOUSE LAKE GOLD PROJECT AREA
SUDBURY CONTACT MINES, LIMITED COMPLETES SIX HOLE DRILLING PROGRAM ON DIAMOND LAKE PROPERTIES
Discoveries show potential for diamond mines.
Diamonds gold top exploration list.
Kirkland Lake region target of diamond exploration; Dianor Resources encouraged by diamond find in northeast.
Diamond hunt continues.
Sudbury camp still going strong for Pele Mountain.
Small footprint, massive exploration at Nickel Rim.
Explosive mining exploration driving economy.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters