Kimberley Resources First 100 Diamonds.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--Aug. 26, 1997-- Kimberley Kimberley, geographical area, Australia Kimberley, geographical area, c.139,000 sq mi (360,010 sq km), Western Australia, NW Australia. The Kimberley Goldfield was the site (1882) of the first major Western Australian gold strike. Resources (VSE See DOS/VSE. VSE - Virtual Storage Extended :KIM KIM.WT, AUSTRALIA STOCK EXCHANGE: KIM KIM.O) The palaeo-gravels at Blina continue to produce commercial sized, high quality diamonds. Kimberley Resources has now recovered 100 diamonds weighing 26.64 carats from its Blina leases since bulk testing operations commenced in 1996. Since the Company's previous announcement on 24 July, an additional 11 diamonds weighing 2.92 carats have been recovered. The largest of the recently found diamonds weighed 0.74, 0.58 and 0.50 carats. These diamonds were identified from prospecting pits excavated east and west of Pit 5. These pits are all within the same gravel gravel, particles of rock, i.e., stones and pebbles, usually round in form and intermediate in size between sand grains and boulders. Gravel is composed of various kinds of rock, the most common constituent being the mineral quartz. terrace as the Pit 5. At this stage, diamonds larger than 0.5 of a 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. have been recovered from pits to the west ("down-stream") of Pit 5 but no diamonds weighing more than 0.20 carats have been recovered from samples east of this site. Kimberley believes that the lamproite source of the larger diamonds is quite close to Pit 5. The Company is now undertaking intensive exploration for this pipe. -0-
Pit Tonnes No. of Weight of
Gravel (xx) Diamonds Diamonds
Pit 20 167 2 0.34
Pit 21 142 1 0.10
Pit 22 263 4 1.23
Pit 23 185 2 1.08
Pit 24 (x) 69 1 0.12
Pit 25 160 1 0.05
(x) Processing is not complete
(xx) The gravels were processed through an HMS plant with an upper
cut-off of 10mm and a lower cut-off of 1.4mm
The accompanying table provides details of Kimberley's latest round of sampling. The Company will continue to report significant results as they become available. David Jones David Jones is a common name, particularly in Wales, and there have been several well-known individuals with this name. Variations include Dave Jones and Davy Jones. , Exploration Manager The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Martyn Element and Associates Johan Grandin, 604/687-6820 604/687-6328 (FAX) or Kimberley Resources Limited David Jones, + 61 9 321 5887 + 61 9 321 5884 |
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