Brush Creek Mining - Discovery of Diamonds Indicator Minerals in Bedrock, 4,112 Acres Staked, Joint Venture Partner Sought.
Diamond Indicator Minerals are minerals of distinctive chemistry, often chromium enriched, that are known to occur in diamond-bearing host rocks, (examples are: pyrope and eclogitic garnets, chromite, ilmenite, chrome diopside, olivine, and sometimes corundum). Diamond Indicator Minerals that formed in the diamond stability field crystallized under the same pressure and temperature conditions that are conducive to the formation of diamonds. The following Diamond Indicator Minerals have been identified in the Brush Creek LaPorte Mining District property samples: pyrope garnets, eclogitic garnets, chromite and chrome diopside. Interested parties are encouraged to contact the Company for a summary and interpretation of the significance of the Diamond Indicator Minerals identified by Lakefield Research Limited. Lakefield is an industrial laboratory serving the international minerals industry. Geographe International, the Company's investment banker, has started making contacts with potential joint venture partners.
In other news, while the Company continues discussions with several parties about separate joint ventures on its lode gold properties and the Gardners Point-Pioneer placer gold deposit, it is continuing to prepare the Lower Brush Creek Mine for production. The initial gold ore will be extracted from mineralized zones above the Cassidy Level. The target production start date at the Lower Brush Creek Mine is approximately July 1, 1997.
CONTACT: Brush Creek Mining and Development Co., Inc.
Jim Chapin, 916/477-5961
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|Date:||Jun 2, 1997|
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