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Technical Report - Effective October 6, 2005
 

 

Technical Report on the Big River property, which complies with the reporting regulations set forward in the Canadian code National Instrument 43-101, 43-101CP, and current CIM standards.
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Big River Diamond Property - Similarities to Fort a La Corne Area
 

 
  • Presence of Diamondiferous Kimberlites
  • Same geological stratigraphy
  • Presence of NW/SE trending lineaments
  • Evidence of deep seated structures
  • Age dating 90-110 million years
  • Rare G10 garnets and abundant G9 garnets


Current Drill Holes and Kimberlites
 

 

Work carried out by previous operators in the area included 5 core holes and 27 rotary drill holes. Intercepts of Kimberlite were reported in 19 holes. The 2 holes for which detailed analysis are available reported recoveries of micro diamonds and significant indicator minerals from both holes.



Strategic Advantages
 

 
  • Known Diamondiferous Kimberlites
  • Area Under Explored and Under Rated
  • Large land position - 273,000 hectares
  • Simple Logistics and Accessible Infrastructure
  • Strong Working Capital position
  • Experienced Management and Board of Directors


2006 Workplan and Schedule
 

 
  • 2 Fugro Airborn Surveys completed (early 2006) in 4 areas.
  • Confirmation & exploratory drilling (6 holes) completed in August 2006
  • Ground geophysics planned for Q4

 

Canadian Diamond Industry
 

 
  • Worth more than $2.0 billion annually
  • Produced 11.6 and 12.6 million carats in 2003/04
  • Third largest producer after Botswana and Russia
  • Canada has 2 operating diamond mines
  • Three diamond mines under development
 


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