Kimber-X Acquires Diamond Exploration Property.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Kimber-X Resources Corp. (Pink Sheets:KRXR) Kimber-X wishes to announce that the Company has completed its first major diamond property acquisition. The Company has been formed with the express purpose of taking advantage of the spectacular opportunities available for successful exploration and production in the search for diamonds in the prolific Southern Saskatchewan area just miles from the northern U.S. border. It is currently estimated that over 45% of world diamond exploration is now being conducted in Canada, with the country forecasted to become the world's #1 diamond producer in the near future. As its first acquisition, the Company has acquired an option on a 100% interest in a claim block located adjacent to a massive claim block which has been staked by Shear Minerals Ltd. This project is known as the Stella Polaris Project and it has been disclosed that there is the presence of a large pyrope py·rope n. A deep red garnet, Mg3Al2Si3O12, used as a gem. [Middle English pirope, from Old French, from Latin dominated kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. indicator dispersion plume in the Wyoming craton craton (krā`tŏn): see continent. in southern Saskatchewan. It has been stated by parties with significant diamond exploration experience that this region of Saskatchewan has been overlooked in the search for diamonds in recent years and is vastly underestimated in the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. diamond exploration scene. To date a total of 6,819 kimberlite indicator minerals have been recovered from 25 surface samples collected from Shear's Project area. All samples contained kimberlite indicator minerals with total counts ranging from one grain per sample to the highest count of 1,218 picked kimberlite indicator minerals. Other indicator minerals include orange garnets, ilmenite ilmenite (ĭl`mĕnīt), black mineral, iron titanium oxide, FeTiO3, crystallizing in the hexagonal system. It is sometimes found as tabular hexagonal crystals but occurs more commonly as small grains in igneous and metamorphic , chromite chromite (krō`mīt), dark brown to black mineral. It is an iron-chromium oxide, FeCr2O4, with traces of magnesium and aluminum. and chrome diopside diopside Common silicate mineral in the pyroxene family. Diopside is a calcium and magnesium silicate (CaMgSi2O6) that occurs in metamorphosed siliceous limestones and dolomites, in skarns, and in igneous rocks. . The highest indicator mineral abundances are located near the centre of the property with abundances decreasing towards the east and west that may suggest multiple undiscovered local kimberlite sources. These initial results are very encouraging and support our theory that a major kimberlite field has surfaced within this area of southern Saskatchewan. The claims are located approximately 150 km southwest of Regina, Saskatchewan along the border with the U.S. and are accessible by road all year round. The area was identified on the basis of historic sampling, by the Saskatchewan Geological Survey The term geological survey can be used to describe both the conduct of a survey for geological purposes and an institution holding geological information. A geological survey and the Geological Survey of Canada in the early 1990's that recovered high counts of kimberlite indicator minerals including significant concentrations of pyrope and eclogitic garnets, chrome diopside and oxides covering a large aerial extent of unglaciated terrain. This area is directly south of the Fort a la Corne area of Saskatchewan that hosts one of the most extensive kimberlite fields in the world and possibly the world's largest diamond deposit. The Fort a la Corne area in Saskatchewan is known to have the world's largest accumulation of diamondiferous kimberlites. The Fort a la Corne kimberlite cluster is a north-northwest trending zone of kimberlite pipes that stretches for about 35 km and is about 10 km wide. To the northeast lies another cluster of kimberlite pipes known as the Snowden Cluster that trends in the same direction. About 75% of the Fort a la Corne kimberlites contain diamonds and they vary not only in size and complexity but also in economic potential. The Company is negotiating for additional claims in all areas of interest in southern Saskatchewan and central North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. As opposed to the "blood diamonds" which have been the problem with traditional African sources such as Sierra Leone and Angola, Canada's diamonds are "clean" in that they are not used to finance terror, war and weapons as diamonds have been in other parts of the world. The company anticipates continued strong International interest in the Canadian diamond industry and is already well positioned with its first major property acquisition. |
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