Kensington Resources Ltd.: 2004-2005 Drilling Program Successfully Completed.VICTORIA, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Kensington Kensington is a district of West London, England within the Royal Borough of Kensington and Chelsea, located 2.8 miles (4.5 km) west of Charing Cross. An affluent and densely-populated area, its commercial heart is Kensington High Street and it contains the well-known museum Resources Ltd. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:KRT KRT Knight Ridder/Tribune KRT Keratin KRT Knights of the Round Table (Diablo gaming guild) KRT Khartoum, Sudan - Civil (Airport Code) KRT Kleene's Recursion Theorem ) is pleased to provide an update of the recent Joint Venture drilling program at the Fort a la Corne Diamond Project. A total of 39 coreholes were completed into six different kimberlites located in the central cluster cluster, in astronomy: see star cluster; galaxy. (1) Two or more systems working together. See clustering. (2) Also called an "allocation unit" or "file allocation unit," it is some number of disk sectors that are treated as a unit. of the Fort a la Corne Kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. Field. In addition, minibulk samples were successfully collected from two high priority kimberlites using large diameter diameter - The diameter of a graph is the maximum value of the minimum distance between any two nodes. reverse circulation drillholes (36 inch, or 914.4 mm diameter). The 2004-2005 program is significant as it represents an aggressive program budgeted at CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $7.6 million with the objective to further advance the geological ge·ol·o·gy n. pl. ge·ol·o·gies 1. The scientific study of the origin, history, and structure of the earth. 2. The structure of a specific region of the earth's crust. 3. A book on geology. understanding of multiple higher grade zones and their diamond content within the largest kimberlite cluster in the world. "We are pleased to report that the field program was successfully completed. We anticipate further success for diamond recovery from these minibulk samples. Diamond recovery is progressing on schedule at high security De Beers facilities in Grande Prairie Grande Prairie (Fr. gräNd prâ'rē`), city (1991 pop. 28,271), W Alta., Canada, NW of Edmonton. It is the chief business center for the Peace River valley farming area. , AB and Johannesburg Johannesburg (jōhăn`ĭsbörg', yōhä`nəsbörkh'), city (1991 pop. 1,574,631), Gauteng, NE South Africa, on the southern slopes of the Witwatersrand at an altitude of 5,750 ft (1,753 m). , RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. and have been accorded top priority status by De Beers in recognition of the importance of FalC results to the evaluation program and to the timely release of this information to Kensington investors," says Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. A. McCallum McCallum was a British television series produced by SMG Productions (Scottish Television). Dr Iain McCallum was the original lead character, played by John Hannah. McCallum was a forensic pathologist who traveled by Triumph Motorcycle, and solved murders. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Further to strengthening investor confidence in the Joint Venture operator and evaluation procedures, an independent audit of the final macrodiamond facility in Johannesburg currently is underway by Venmyn Rand Rand See Witwatersrand. rand 1 n. See Table at currency. [Afrikaans, after(Witwaters)rand. (Pty) Limited, a leading African consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a utilizing diamond recovery experts. At the same time, Kensington's Qualified Person, Brent Brent, outer borough (1991 pop. 226,100) of Greater London, SE England. The area is a rail and industrial center. Its manufactures include automobile parts, clocks and watches, and electrical equipment. Jellicoe Jel·li·coe , John Rushworth. First Earl Jellicoe. 1859-1935. British naval officer who commanded the fleet that fought the Germans at Jutland (1916). He later served as governor-general of New Zealand (1920-1924). , P.Geo is in Johannesburg monitoring both the diamond recovery procedures See: explosive ordnance disposal procedures. and the Venmyn audit. In light of recent long term planning for advanced exploration and evaluation programs and transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. in diamond recovery processes, Robert McCallum suggests "There is a sense of urgency within the Joint Venture that is being partly driven by increasing demand for diamonds and the need to fast track a project with this potential. This urgency is now leading the drive to advance the Fort a la Corne diamond-bearing kimberlites." The drilling program was initiated on September September: see month. 1, 2004 with coreholes targeted on kimberlite bodies 140/141 and 122 to act as pilot holes for large diameter drilling, and to increase confidence in current geological and diamond distribution models. Coreholes were also targeted on kimberlite bodies 120, 147, 121 and 221 in broad patterns to provide information and samples for the development of geological models, including identification of higher-grade zones, and to provide initial grade estimates. Geological models and microdiamond recoveries for each of the six kimberlite bodies will be released together as results are received from the operator. A total of 3,677.25 metres of kimberlite were cored from a total of 7,923.0 metres drilled on kimberlite delineation targets. Core from these bodies has been examined in detail by De Beers' petrologists in Saskatoon Saskatoon (săskət  n`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. and
sampled for microdiamonds. Microdiamonds are being recovered at the
Saskatchewan Research Council The Saskatchewan Research Council is a Saskatchewan, Canada technology corporation, owned by the province. It provides contract research, technology transfer and analytical services to companies in Saskatchewan and around the world. . An additional 874 metres of drilling was
targeted on five geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. anomalies. Short intervals of kimberlite were intersected in two of these locations and the use of geophysical models for kimberlite exploration will be further evaluated during 2005. The 2004 program was expanded to ten large diameter minibulk drillholes (LDDH LDDH Ligue Des Droits Humains (French: League of the Human Rights, Djiboutienne) ) positioned on higher-grade zones in kimberlites 140/141 and 122. As previously reported (KRT news release of November November: see month. 17, 2004), five holes were located on the south 140/141 breccia breccia: see conglomerate. breccia Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured. beds to collect additional diamonds that will be used to increase the level of confidence in grade forecasts, and to provide preliminary valuations for revenue modeling by De Beers experts. The total estimated mass of kimberlite extracted from the five holes has been revised to 752 tonnes of which 496 tonnes of material greater than 1.5 mm in size were retained for macrodiamond recoveries. Fifty-two Adj. 1. fifty-two - being two more than fifty 52, lii cardinal - being or denoting a numerical quantity but not order; "cardinal numbers" samples of retained material were shipped to De Beers' dense media separation plant located in Grande Prairie, Alberta “Grande Prairie” redirects here. For the city in Texas, see Grand Prairie, Texas. Grande Prairie is the main city in the northwestern part of the province of Alberta in Western Canada. . Five large diameter drillholes were located on the south crater crater, circular, bowl-shaped depression on the earth's surface. (For a discussion of lunar craters, see moon.) Simple craters are bowl-shaped with a raised outer rim. Complex craters have a raised central peak surrounded by a trough and a fractured rim. of the 122 kimberlite. Although, only three holes permitted collection of substantial kimberlite material, the thick intersections in two of the holes was estimated to be sufficient to reach the carat CARAT, weights. A carat is a weight equal to three and one-sixth grains, in diamonds, and the like. Jac. L. Dict. See Weight. target for this body. In all, 707 tonnes of kimberlite were extracted of which 318 tonnes were retained for macrodiamond recoveries in 45 samples. Drilling for the 2004-2005 program was completed on January January: see month. 22, 2005 and the camp remains on standby standby Medtalk adjective Referring to the immediate availability of a certain specialist–anesthesiologist, surgeon, who can be deployed in a medical emergency. Cf Concurrent. until field operations for the advanced exploration and evaluation program resumes in the second quarter of 2005. Drillhole maps for each of the kimberlite bodies investigated in 2004-05 will be made available on the Company's website as they are received from the project operator. Brent C. Jellicoe, P.Geo. is the Qualified Person for the Company and has reviewed the technical information herein. All aspects of quality assurance, quality control, and sample chain of custody The movement and location of physical evidence from the time it is obtained until the time it is presented in court. Judges in bench trials and jurors in jury trials are obligated to decide cases on the evidence that is presented to them in court. for the Fort a la Corne Joint Venture are managed by De Beers Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of Inc., the project operator. Kensington Resources Ltd. is an exploration and mine development company currently focused on the high potential Fort a la Corne Diamond Project in Saskatchewan Saskatchewan, province, Canada Saskatchewan (səskăch`əwən, –wän', săs'–), province (2001 pop. 978,933), 251,700 sq mi (651,903 sq km), W Canada. . The management team includes strong technical expertise and is committed to reaching a diamond producer status for the realization (specification) realization - A UML semantic relationship between a classifier that specifies a contract and another classifier that guarantees to carry it out. [Handout by Mr. David Gillibrand]. of shareholder value. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.245%), De Beers Canada Inc. (42.245%), Cameco Cameco Corp. TSX: CCO NYSE: CCJ is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan. It was formed in 1988 by the merger and privatization of two crown corporations: the federal owned Eldorado Mining and Refining Limited (known better Corporation (5.51%) and UEM UEM Universidade Estadual de Maringa (State University of Maringa, Brazil) UEM Universidade Eduardo Mondlane (Maputo, Mozambique) UEM Unione Economica e Monetaria Inc. (carried 10%). After fifteen years of exploration at Fort a la Corne, the joint venture partners are now planning future programs with a view to entering into an accelerated results-driven advanced exploration and evaluation phase targeted on reaching a pre-feasibility decision within the next three years. The Fort a la Corne Diamond Project includes 63 identified kimberlite bodies within the largest diamondiferous kimberlite cluster in the world. Robert A. McCallum, President & CEO FORM 20-F FILE #0-24980 LISTED IN STANDARD & POOR'S
SUPPLEMENTAL TABLES TO FEBRUARY 14, 2005 NEWS RELEASE
Table 1: Coreholes to Act as Pilot Holes on Kimberlite Bodies
140 and 122
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Kimberlite Top of Base of Total End of
Body and Core Kimberlite Kimberlite Kimberlite Hole
Drill hole # Size(1) (m) (m) Intersection(2) (m)
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04-140-041 HQ core 97.40 246.00 128.28 252.00
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04-140-042 HQ core 97.56 241.22 140.76 243.00
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04-140-043 HQ core 100.57 232.35 124.89 236.00
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04-140-048 NQ core 104.90 137.66 58.65 180.00
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04-140-050 HQ core 100.19 236.62 131.59 243.00
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Total 584.17 1,154.00
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04-122-012 HQ core n/a n/a n/a 102.00
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04-122-012A(3) HQ core 108.00 313.15 202.88 357.00
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04-122-013 HQ core 114.00 200.37 86.37 213.00
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04-122-014 HQ core 110.45 299.00 176.80 299.00
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04-122-019 HQ core 107.24 314.65 207.41 345.00
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Total 673.46 1,316.00
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(1) HQ core has a diameter of 2.5 inches or 63.5 mm; NQ core has a
diameter of 1.875 inches or 47.6 mm.
(2) These values may not be equal to Base of Kimberlite minus Top of
Kimberlite due to intervening layers of country rock
(3) Drillhole 04-122-012 was lost due to drilling difficulties at a
depth of 102 metres.
Table 2: Coreholes on Kimberlite Bodies 120, 121, 221 and 147 to
Identify Higher Grade Zones
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Kimberlite Top of Base of Total End of
Body and Core Kimberlite Kimberlite Kimberlite Hole
Drill hole # Size(1) (m) (m) Intersection(2) (m)
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04-120-021 HQ core 104.00 236.97 132.97 242.00
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04-120-022 HQ core 108.00 293.80 185.80 306.00
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04-120-023 HQ core 111.00 234.88 123.88 246.00
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04-120-024 HQ core 115.88 125.50 9.62 192.00
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04-120-025 HQ core 111.00 240.55 130.55 244.00
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04-120-026 HQ/NQ core 105.00 243.60 131.96 255.00
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04-120-027 HQ core 102.00 234.50 126.00 246.00
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04-120-028 HQ core 119.52 218.80 99.28 237.00
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Total 940.06 1,968.00
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04-121-009 HQ/NQ core 112.03 289.53 177.50 291.00
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04-121-010 HQ core 112.67 204.50 91.83 222.00
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04-121-011 HQ core 109.84 200.78 90.94 207.00
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04-121-012 HQ core 116.33 154.61 36.63 168.00
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04-121-013 HQ core 131.24 168.33 32.27 179.00
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Total 429.17 1,067.00
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04-221-002 HQ core 112.05 170.80 51.16 180.00
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04-221-003 HQ core 121.35 196.73 75.38 303.00
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04-221-004 HQ core 109.55 183.49 68.59 195.00
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Total 195.13 678.00
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04-147-006 HQ core 106.28 181.22 74.94 192.00
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04-147-007 HQ core 101.35 184.56 83.21 195.00
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04-147-008 HQ core 101.12 218.19 117.07 228.00
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04-147-009 HQ core 103.40 221.82 118.42 231.00
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04-147-010 HQ core 96.00 221.68 125.68 231.00
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04-147-011 HQ core 99.78 218.03 118.25 228.00
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04-147-012 HQ core 101.42 202.96 101.54 213.00
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04-147-013 HQ core 95.16 211.31 116.15 222.00
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Total 855.26 1,740.00
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(1) HQ core has a diameter of 2.5 inches or 63.5 mm; NQ core has a
diameter of 1.875 inches or 47.6 mm; drillholes listed with both
core sizes started with HQ diameter, but were forced to decrease
to NQ size due to drilling difficulties.
(2) These values may not be equal to Base of Kimberlite minus Top of
Kimberlite due to intervening layers of country rock
Table 3: Coreholes on Geophysical Anomalies 150, 284, 285, 291
and 300
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Kimberlite Top of Base of Total End of
Body and Core Kimberlite Kimberlite Kimberlite Hole
Drill hole # Size(1) (m) (m) Intersection(2) (m)
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04-150-013 HQ core 142.60 147.00 4.40 195.00
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04-284-001 HQ core 162.00
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04-285-001 HQ core 141.33 183.86 27.42 195.00
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04-291-001 HQ core 160.00
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04-300-001 HQ core 162.00
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Total 31.82 874.00
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(1) HQ core has a diameter of 2.5 inches or 63.5 mm
(2) These values may not be equal to Base of Kimberlite minus Top of
Kimberlite due to intervening layers of country rock
Table 4: Summary of Large Diameter Drilling and Sampling on
Kimberlite 122
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Kimberlite Bit Proximal Top of Total Depth
Body and Diam. Corehole Kimberlite Drilled
Hole ID (m) (Pilot Hole) (m) (m)
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---------------------------------------------------------------------
04-122-015(4) 0.9144 04-122-012A 105.41 106.59
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04-122-016 0.9144 04-122-012A 104.89 203.46
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04-122-018 0.9144 04-122-014 108.27 287.58
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04-122-020(5) 0.9144 04-122-019 74.05
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04-122-021 0.9144 04-122-019 104.86 256.31
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Total 927.99
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Kimberlite Kimberlite Mass Retained Number
Body and Thickness Extracted Sample of
Hole ID (m) (t)(1) (t)(2) Samples(3)
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---------------------------------------------------------------------
04-122-015(4) 1.18 1.94 1.06 2
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04-122-016 98.57 161.83 69.74 10
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04-122-018 179.31 294.38 148.48 17
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04-122-020(5) 0 0 0 0
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04-122-021 151.45 248.64 98.86 16
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Total 430.51 706.78 318.14 45
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(1) Extracted mass based on theoretical hole volumes which assume a
uniform cylinder for the drillhole and measured density values
from coreholes located nearby; mass calculation based on
kimberlite density of 2.5.
(2) Actual sample mass refers to excavated kimberlite chips greater
than 1.5 mm and recovered in minibulk bags for diamond recovery.
(3) Most samples cover a 12 metre interval of kimberlite, although
some samples refer to caved material from uphole.
(4) Hole terminated due to rod wrench dropped downhole.
(5) Hole terminated due to drill bit lost downhole.
Table 5: Summary of Large Diameter Drilling and Sampling on
Kimberlite 140/141
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Kimberlite Bit Proximal Top of Total Depth
Body and Diam. NQ Kimberlite Drilled
Hole ID (m) pilot Hole (m) (m)
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---------------------------------------------------------------------
04-140-044 0.9144 04-140-041 99.19 227.55
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04-140-045 0.9144 04-140-050 99.73 196.44
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04-140-049 0.9144 04-140-051 98.96 201.52
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04-140-051 0.9144 04-140-032 100.07 202.00
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04-140-052 0.9144 04-140-010 100.64 191.69
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Total 1019.20
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Kimberlite Kimberlite Mass Retained Number
Body and Thickness Extracted Sample of
Hole ID (m) (t)(1) (t)(2) Samples(3)
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04-140-044 128.36 185.44 94.36 13
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04-140-045 96.71 139.72 103.38 10
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04-140-049 102.56 148.17 74.55 9
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04-140-051 101.93 147.26 118.73 10
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04-140-052 91.05 131.54 105.24 10
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Total 520.61 752.14 496.26 52
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(1) Extracted mass based on theoretical hole volumes which assume a
uniform cylinder for the drillhole and measured density values
from coreholes located nearby; mass calculation based on
kimberlite density of 2.2.
(2) Actual sample mass refers to excavated kimberlite chips greater
than 1.5 mm and recovered in minibulk bags for diamond recovery.
(3) Most samples cover a 12 metre interval of kimberlite, although
some samples refer to caved material from uphole.
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. has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Kensington Resources Ltd. (TSX VENTURE:KRT) |
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