Kimber-X in Negotiations for Diamond Exploration Joint Venture.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. -- Correcting contact information to remove SmallCapVoice.com contact. The corrected contact information has been revised as follows: Kimber-X Resources Corp. Investor Relations, 888-789-0939 info@kimber-x.com www.kimber-x.com The corrected release reads: KIMBER-X IN NEGOTIATIONS FOR DIAMOND EXPLORATION JOINT VENTURE Kimber-X Resources Corp. (Pink Sheets: KRXR): Kimber-X is pleased to announce that the Company is in the final stages of negotiating a significant joint venture for a sizable siz·a·ble also size·a·ble adj. Of considerable size; fairly large. siz  a·ble·ness n. claim block in the Forte a La
Corne area of Saskatchewan. The land area of the joint venture is
directly adjacent to the Fort a la Corne region and the Company is
currently in negotiations with a major landholder of the property. The
Forte a la Corne region hosts one of the most extensive kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. fields in the world and possibly the world's largest diamond deposit. The Sask craton craton (krā`tŏn): see continent. axis runs directly through the area of the joint venture. Once the joint venture is completed the Company proposes to conduct an aeromagnetic/EM program in the areas to augment the data currently held in the assessment files. The Company feels that this area could become extremely valuable for diamond exploration. Previous exploration and data composition only considered highly magnetic targets as prospective; however, given the high variability of magnetic signatures several new and exciting targets may present themselves in this area. Fort a la Corne 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. Additionally the Company is now reviewing all the data available for its claim block located adjacent to the large claim block, which has been staked by Shear shear: see strength of materials. Shear A straining action wherein applied forces produce a sliding or skewing type of deformation. 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 indicator dispersion dispersion, in chemistry dispersion, in chemistry, mixture in which fine particles of one substance are scattered throughout another substance. A dispersion is classed as a suspension, colloid, or solution. plume in the Wyoming craton in southern Saskatchewan. There is significant information available and the Company hopes to be able to announce their detailed plans regarding these claims in the near future. 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, as opposed to the "blood diamonds," which have been the problem with traditional African sources such as Sierra Leone Sierra Leone (sēĕr`ə lēō`nē, lēōn`; sēr`ə lēōn), officially Republic of Sierra Leone, republic (2005 est. pop. 6,018,000), 27,699 sq mi (71,740 sq km), W Africa. and Angola. |
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