Printer Friendly
The Free Library
14,505,210 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Superior Diamonds Inc.: Summer Sampling Program Confirms Presence Of Kimberlites Targets.


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 19, 2002

Superior Diamonds Inc. (TSX VENTURE:SDX) is pleased to announce that the results of the summer sampling program on the Company's projects in northern Ontario has confirmed that several of the areas investigated are in close proximity to kimberlites. This interpretation is based on sampling of glacial material including basal till and eskers down-ice from 32 airborne targets delineated using proprietary airborne magnetics.

Indicator minerals recovered include pyrope py·rope  
n.
A deep red garnet, Mg3Al2Si3O12, used as a gem.



[Middle English pirope, from Old French, from Latin
 garnet, eclogite eclogite

Any member of metamorphic rocks whose original composition is similar to that of basalt. Eclogites consist primarily of green pyroxene (omphacite) and red garnet (pyrope), with small amounts of various other minerals such as kyanite and rutile.
 garnet, picroilmenite, 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.
 and chromite chromite (krō`mīt), dark brown to black mineral. It is an iron-chromium oxide, FeCr2O4, with traces of magnesium and aluminum. . Studies of mineral grains, both visually and by electron probe methods, have conclusively shown that several kimberlite indicator mineral trains are near the source. Ground magnetic surveys were also completed on several airborne targets and confirmed the circular magnetic anomalies.

The summer program involved collection of over 500 samples of which results have been received from 200. Several samples of esker esker, long, narrow, winding ridge of stratified sand-and-gravel drift. Eskers, many miles long and resembling abandoned railway embankments, occur in Scandinavia, Ireland, Scotland, and New England; they arose from deposition of sediment in the beds of streams  material contained more than 40 kimberlite indicator minerals within a target area containing a cluster of circular airborne magnetic features. This cluster of airborne features is located on a structural trend known to host diamondiferous kimberlites in northern Ontario. To better define targets for drilling, the Company is planning to fly a 13,500 line kilometre high sense magnetic survey at 150 metre line spacing. The survey is planned to commence in late October and the data collected will be used in conjunction with results from the sampling program to prioritize drill targets.

Samples of till, esker material and modern alluvium al·lu·vi·um  
n. pl. al·lu·vi·ums or al·lu·vi·a
Sediment deposited by flowing water, as in a riverbed, flood plain, or delta. Also called alluvion.
 are being processed at the laboratories of Overburden Drilling Management Ltd. located in Nepean, Ontario. Electron microprobe studies on indicator grains is carried out at the Ontario Geological Survey in Sudbury. The sampling program is under the direction of Dr. Tom Morris.

Superior Diamonds Inc. is exploring a large area of northern Ontario using proprietary magnetic data to focus indicator mineral sampling programs. Superior Diamonds Inc. is owned 58% by Aurora Platinum Corp.

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 release.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CONT
Date:Sep 19, 2002
Words:341
Previous Article:TaxCents Announces Tax Tips for Fall; Act Now To Save Thousands Later...
Next Article:Predictive Systems to Expense Stock Options and Offer Voluntary Stock Option Exchange Program to Employees.



Related Articles
Canabrava Diamond: Whitefish Lake Project, Ontario: Kimberlites Confirmed.
Canabrava Diamond Corp.: Progress Report on Company Activities.
Canabrava Diamond Corporation Announces Drilling To Test Diamondiferous Kimberlite Frontenac Project, Ontario/Quebec.
Discoveries show potential for diamond mines.(Brief Article)
Caledonia Mining Corporation - Potentilla Kimberlite Returns Commercial-Sized Diamonds.
Diamonds potential untapped. (Mining).
Stornoway Diamond Corporation: Preliminary 2003 Till Sampling Results Received 2004 Delineation Drilling at AV-1 Completed.
Stornoway Diamond Corporation: New Kimberlite Drill Intercepts at Aviat Arctic Exploration Update.
Majescor Expands Size of Jack Pine Kimberlite to Over 500m at Hardy Lake, NWT.
Junior leads diamond 'rush' by example; Sharing and comparing data with Discover Abitibi helped Tres-Or spark the biggest staking rush to hit the...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles