Kensington Resources Ltd.: Diamond Results for Drillhole 04-140-049 from Fort a la Corne Kimberlite 140/141.VANCOUVER, 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 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 ) announces the recovery of 100 macrodiamonds weighing 10.615 carats from large diameter drillhole 04-140-049 targeted on 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. 140/141 drilled during the 2004 Evaluation Program. The total estimated mass of kimberlite excavated from 04-140-049 was 148.84 tonnes of which 74.55 tonnes of material greater than 1.5 mm in size were retained for recovery of commercial-sized diamonds. Minibulk samples were shipped to the 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. for the first stage of diamond recovery procedures See: explosive ordnance disposal procedures. , followed by final diamond recovery in an ultra-high security facility in Johannesburg, 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. . Samples and results from drillhole 04-140-049 were the fourth of five processed batches from the 140/141 kimberlite investigated during the 2004 Evaluation Program. A summary of sampling information and diamond recovery results for this drillhole is shown in Table 1. Table 1: Summary of Macrodiamond Recovery for Minibulk Samples from Drillhole 04-140-049
---------------------------------------------------------------------
Theoretical
Sample Excavated
Kimberlite Interval Mass Total
Drillhole Unit (metres) (tonnes)(1) Carats
---------------------------------------------------------------------
04-140-049 140 Breccia Beds 102.56 148.84 10.615
---------------------------------------------------------------------
---------------------------------------------------------------------
Est. # of Diamonds
Drillhole Drillhole greater than
Grade Total stones/ 0.25 cts.
Drillhole (cpht) Stones tonne (largest stone)
---------------------------------------------------------------------
04-140-049 7.132 100 0.7 6 stones (1.005 cts)
---------------------------------------------------------------------
(1) The calculation of theoretical mass was based on the volume of a
vertical cylinder and a kimberlite rock density of 2.21.
Large stone recoveries in drillhole 04-140-049 included 6 diamonds greater than 0.25 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. in size with a combined weight of 2.78 carats. These 6 stones, or some 6% of the total number, account for 39% of the carat weight of the parcel. The size distribution of the recovered diamonds from this drillhole is shown in Table 2. The 2004 Evaluation 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) included ten large diameter minibulk drillholes positioned on high-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. zones in kimberlites 140/141 and 122. Two of the minibulk drillholes on kimberlite body 122 were terminated above kimberlite due to drilling difficulties. "Macrodiamond recoveries from the 2004 program support a robust population of larger diamonds in the 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 and will contribute to determination of a preliminary average value for this higher-grade unit," states Robert McCallum, 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. of Kensington Resources Ltd. Table 2: Summary of Macrodiamond Recovery by Sieve Size Category
---------------------------------------------------------------------
+3 Sieve +5 Sieve +6 Sieve +7 Sieve
greater greater greater greater
than than than than
Drillhole 1.48 mm 1.83 mm 2.16 mm 2.46 mm
---------------------------------------------------------------------
04-140-049 Carats 0.765 2.105 1.705 1.115
---------------------------------------------------------------------
04-140-049 Stones 19 37 19 8
---------------------------------------------------------------------
---------------------------------------------------------------------
+9 Sieve +11 Sieve +12 Sieve +13 Sieve
greater greater greater greater
than than than than
Drillhole 2.85 mm 3.45 mm 4.089 mm 4.52 mm
---------------------------------------------------------------------
04-140-049 Carats 1.715 1.595 0.24 1.375
---------------------------------------------------------------------
04-140-049 Stones 9 5 1 2
---------------------------------------------------------------------
A map of kimberlite body 140/141 showing location of the 2004 drillholes is posted on the Kensington Resources Ltd. website at www.kensington-resources.com. 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. 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 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. The management team includes strong technical expertise and is committed to reaching a diamond producer status for the realization 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 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 in 2008. 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 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) |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion