AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: new

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

donypee

Rank: [?]

Vice President

Points: [?]

30510

Rating: [?]

Votes: 470 Score: 3.0

Currently 3.1/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

new

posted on Jul 06, 09 09:49AM

DIAMONDS DISCOVERED IN TWO DRILL HOLES NEAR VICTOR DIAMOND MINE, ONTARIO

KELOWNA, BC, Jul 6, 2009 (Canada NewsWire via COMTEX News Network) --

Metalex Ventures Ltd. (TSXV: MTX) ("Metalex") is pleased to report diamondiferous kimberlite intersections from two drill holes on the Metalex - Arctic Star Diamond Corp (TSXV : ADD) - Big Red Diamond Corp (TSXV : DIA) joint venture on claims optioned from Dumont Nickel Inc. (TSXV : DNI). The claims are located 7 kilometers south of the Victor Diamond Mine.

Samples from the eight core holes reported as kimberlite on June 19th, 2009 have now been analyzed for diamonds by the C.F. Mineral Research Ltd. laboratory and complete results are presented here.

C. F. Minerals reports that two clear white microdiamonds were recovered from an 8.64 kg (19.0 lb) sample of kimberlite breccia recovered in drill core from between 5.8 and 25.3 meters (19 and 83 feet) below surface. The sample also contained G10 garnets as well as chrome diopsides and one olivine grain. All of these grains were determined to be of diamond inclusion composition by microprobe analysis.

A 6.18 kg (13.6 lb) core sample from a second drill hole contained a natural clear white microdiamond. The sample material was also identified as kimberlite breccia and was intersected between 30.5 and 39.6 meters (100 and 130 feet) below surface. This sample also contained G10 garnets as well as a chromite and chrome diopside grains, all with diamond inclusion compositions.

These results are considered most encouraging because small samples of kimberlites in the area such as those at the nearby Victor Diamond Mine, typically do not contain abundant microdiamonds.

An additional 13 possible kimberlite core intersections from drill holes completed in the same claim area have been submitted to C.F. Minerals for diamond and diamond indicator mineral analysis. Results will be reported when available.

The drilling information and results reported here have been reviewed Mr. A. Lee Barker P.Eng, P.Geol., a Qualified Person under National Instrument 43-101, who is responsible for the technical content of this release.


    <<
    For Further Information Please Contact:

    "Chad Ulansky"

    Chad Ulansky, President & CEO
    (250) 860-8599
    investorinfo@metalexventures.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this releas