Stornoway Diamond Corporation: Additional Microdiamond Counts from Aviat Kimberlites.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 -- Stornoway Diamond Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SWY SWY Safeway, Inc. (stock symbol) ), BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. Diamonds Inc. (BHP Billiton) and Hunter Exploration Group are pleased to report additional microdiamond results from surface material collected from kimberlites AV5, 6, 7 and 8 during the summer 2005 Aviat Project field program on the Melville Peninsula Melville Peninsula, 24,156 sq mi (62,564 sq km), c.250 mi (400 km) long and from 70 to 135 mi (113–217 km) wide, Nunavut, Canada, between the Gulf of Bothnia and Foxe Basin, and separated from Baffin Island to the N by the Fury and Hecla Strait; it is joined to , Nunavut. Caustic caustic, any strongly corrosive chemical substance, especially one that attacks organic matter. A caustic alkali is a metal hydroxide, especially that of an alkali metal; caustic soda is sodium hydroxide, and caustic potash is potassium hydroxide. fusion analysis of surface samples totaling 71.7 kg of the AV5 kimberlite kimberlite: see diamond. kimberlite or blue ground Dark, heavy, often fragmented igneous rock that may contain diamonds in the rock matrix. body has yielded 161 diamonds, 74.1 kg of AV6 returned 123 diamonds, 70.6 kg of AV7 returned 108 diamonds and 62.7 kg of AV8 has yielded 70 stones. The largest stones retrieved from AV5, 6, 7 and 8 to date (in mm) are 2.076x1.908x1.183, 1.324x 1.654x0.522, 1.114x0.995x0.245, and 1.054x0.571x0.551 respectively. Detailed sieve data is reported below and represents the total diamond counts from each kimberlite, adding recent results to previously reported tallies.
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TO-
TO- TAL
KIM- TAL DIA-
BER- WEI- MO- NUMBER OF DIAMONDS PER SIEVE SIZE
LITE GHT NDS (MM SQUARE MESH SIEVE)
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0.106 0.150 0.212 0.300 0.425 0.600 0.850 1.180
to to to to to to to to
(kg) 0.150 0.212 0.300 0.425 0.600 0.850 1.180 1.70 +1.70
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AV5 71.74 161 52 42 29 18 13 5 1 0 1
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AV6 74.065 123 32 33 24 11 12 7 4 0 0
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AV7 70.63 108 42 31 19 9 4 3 0 0 0
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AV8 62.725 70 20 20 16 9 5 0 0 0 0
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Eira Thomas, 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. commented: "To date we have identified a cluster of nine kimberlite bodies within a confined con·fine v. con·fined, con·fin·ing, con·fines v.tr. 1. To keep within bounds; restrict: Please confine your remarks to the issues at hand. See Synonyms at limit. area. All are significantly diamondiferous, with early stage microdiamond distribution curves that are amongst the best in Canada. These results, in conjunction with several excellent, un-sourced, high interest mineral trains from elsewhere on the property continue to highlight the economic potential of Aviat". Caustic fusion results from approximately 50-60kg of kimberlite from each of two new boulder occurrences thought to be derived from unrelated and as yet undiscovered source bodies within the 70km long Tremblay indicator mineral corridor (host to kimberlites AV1 through 8 and many un-sourced high interest mineral trains), are due before the end of January. Larger kimberlite samples (approximately two tonnes) collected from surface exposures of AV6, 7 and 8 will be processed through a dense media separation facility, with macrodiamond results expected in Q1 2006. Similar sized (several tonnes) samples of kimberlite collected at surface from each of AV2, 3, 4 and 5 will also be processed by dense media separation. Stornoway holds varying interests, both directly and through 18 joint ventures, in 33 Canadian mineral properties representing 22.6 million acres of ground. Stornoway has been involved in the discovery of 61 kimberlites since 2002. To date; 51 of 61 have been analyzed and more than one third have proven diamondiferous. During 2005 SWY operated exploration programs on 24 properties (12 million acres) and our joint venture partners explored nine properties (10.6 million acres). In addition to work on our landholdings, Stornoway also undertook generative gen·er·a·tive adj. 1. Having the ability to originate, produce, or procreate. 2. Of or relating to the production of offspring. generative pertaining to reproduction. programs covering over 250 million acres in northern Canada Northern Canada is the vast northernmost region of Canada variously defined by geography and politics. Definitions and usage Also referred to as the Canadian North or (locally) as the North . Partial results available to date from this 2005 generative exploration program have already been used to identify and acquire targeted landholdings thought to have the potential to host diamondiferous kimberlites. Additional results are pending and Stornoway anticipates continued property acquisition. Caustic fusion analysis was carried out at Microlithics Laboratories in Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. , Ontario, an independent mineral process laboratory currently providing services exclusively to Stornoway and its affiliates. Stornoway's diamond exploration programs are conducted under the direction of Robin Hopkins, P.Geol. (NT/NU), a Qualified Person under NI 43-101. On behalf of the Board STORNOWAY DIAMOND CORPORATION Eira Thomas, President This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. , exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and provincial securities regulators, most of which are available at www.sedar.com. The Company disclaims any intention or obligation to revise or update such statements. Stornoway Diamond Corporation (TSX:SWY) |
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