Post by fastwalker on Nov 8, 2004 0:42:59 GMT -5
John Paul Zonneveld
I just listened to the 42 minute presentation that was given by the Geologist; John Paul Zonneveld concerning
the kimberlites in the Fort a la corne ( FALC region ).
This was the 3rd Time I listened to this presentation and everytime I revisit the video I pick up something that I missed from a previous visit.
I picked up on 2 additional points tonight that made me re-think my evaluation of the possible valuations of the 1.9 million acres owned by CMKX and the JV's.
1) When John was showing the Star and 140/141 kimberlite mining grids owned jointly Shore Gold, Cameco, Kensington and Debeers he mentioned why the grid boundaries did not extend into the other known kimberlite pipes ouside of their grid, He said that they did not own the claims.
My thoughts and observations:
I believe CMKX owns them claims when you look at the
video and the maps which is in close proximity to the known diamondferous pipes that they;
( Shore,Kensington, Debeers, Cameco) are pulling
from.
2) He mentioned the AeroMagnetic survey of the FALC region and the magnetic anomolies. Now , what gets interesting and what he stated about 15 minutes later was how 'non-magnetic' kimberlite which does not show up on the survey is actually in most cases contain higher quanity and quality diamonds.
I never picked up on this from an earlier viewing. How interesting is that! What does lie beneath this area that we cannot pick up from the magnetic survey? WOW
! Just some things to think about.
"MineralsRus"
Here is the link being referred to :http://www.insinc.ca/onlinetv/cspg20jan2004/
