Post by IQ on Mar 16, 2006 11:02:41 GMT -5
Looks like the Lawsuit is not causing any major issue to Shoregold as they are now drilling again.
However they seem to be drilling on the other side.
Anything they drill will refect the value of CMKX as we are just around the corner, lets hope the news is good!
biz.yahoo.com/cnw/060315/shore_gold_discovery.html?.v=1
Fort a la Corne joint venture core drilling commences on Star West
Wednesday March 15, 4:54 pm ET
Stock Symbol: SGF: TSX
SASKATOON, March 15 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the commencement of core drilling on the western part of the Star Kimberlite (Star West Project), within the Fort a la Corne Joint Venture (FALC-JV) claims. A drill contract has been executed between Encore Coring and Drilling Inc. of Calgary and De Beers Canada Inc. on behalf of the FALC Joint Venture for this core drilling program. This drill program will be completed to the same specification, PQ 75 millimetre core drilled with petroleum drill rigs that have been modified to drill kimberlite, as the grid drilling completed on the Star Kimberlite forming part of the prefeasibility study. Shore geologists will have full access to the core in order to accurately apply the same quantitative logging methods to this FALC-JV kimberlite as are used on the Star Diamond Project. Downhole geophysical logging will be completed on all core holes and geotechnical measurements will be made on core samples. Whole rock geochemistry samples will be collected from all kimberlite types represented within each core. These geochemistry samples play a pivotal role in the definitive identification of the five principal kimberlite eruptive phases seen in the Star Kimberlite, namely: Cantuar, Pense, Early, Mid and Late Joli Fou. Ore dressing test work will be conducted on selected boreholes and core in the same manner and laboratory as was used on the Star Diamond Project. The aim of the core drilling is to define the volume and map the internal structure of the kimberlite within the Star West Project. The full extent and budget for the 2006 FALC-JV exploration program is still to be finalized between the Joint Venture Partners: Kensington Resources Ltd (42.245% and a wholly owned subsidiary of Shore Gold Inc.), De Beers Canada Inc. (42.245%), Cameco Corporation (5.51%) and UEM Inc. (10% carried).
CMKX to DA MOON
;D ;D ;D
However they seem to be drilling on the other side.
Anything they drill will refect the value of CMKX as we are just around the corner, lets hope the news is good!
biz.yahoo.com/cnw/060315/shore_gold_discovery.html?.v=1
Fort a la Corne joint venture core drilling commences on Star West
Wednesday March 15, 4:54 pm ET
Stock Symbol: SGF: TSX
SASKATOON, March 15 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the commencement of core drilling on the western part of the Star Kimberlite (Star West Project), within the Fort a la Corne Joint Venture (FALC-JV) claims. A drill contract has been executed between Encore Coring and Drilling Inc. of Calgary and De Beers Canada Inc. on behalf of the FALC Joint Venture for this core drilling program. This drill program will be completed to the same specification, PQ 75 millimetre core drilled with petroleum drill rigs that have been modified to drill kimberlite, as the grid drilling completed on the Star Kimberlite forming part of the prefeasibility study. Shore geologists will have full access to the core in order to accurately apply the same quantitative logging methods to this FALC-JV kimberlite as are used on the Star Diamond Project. Downhole geophysical logging will be completed on all core holes and geotechnical measurements will be made on core samples. Whole rock geochemistry samples will be collected from all kimberlite types represented within each core. These geochemistry samples play a pivotal role in the definitive identification of the five principal kimberlite eruptive phases seen in the Star Kimberlite, namely: Cantuar, Pense, Early, Mid and Late Joli Fou. Ore dressing test work will be conducted on selected boreholes and core in the same manner and laboratory as was used on the Star Diamond Project. The aim of the core drilling is to define the volume and map the internal structure of the kimberlite within the Star West Project. The full extent and budget for the 2006 FALC-JV exploration program is still to be finalized between the Joint Venture Partners: Kensington Resources Ltd (42.245% and a wholly owned subsidiary of Shore Gold Inc.), De Beers Canada Inc. (42.245%), Cameco Corporation (5.51%) and UEM Inc. (10% carried).
CMKX to DA MOON
;D ;D ;D
