Some info from Allan
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Feb 13, 2008 06:54AM
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Here are a couple past references from Allan's diamond report. You can recieve the reports free of charge by contacting him directly.
Here's the link:
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Regards,
Allan Barry Laboucan,
Editor & Writer
Allan Barry Reports
Most recent report:
Snowfield Development Corp.Snowfield is progressing very well on the task of moving a large amount of granite; with the granite out of the way it will expose the Mud Lake kimberlite and allow the extraction of 500 tonnes of kimberlite. In addition, there are a number of drill holes which are focused on finding the kimberlite source of the large counts of indicator minerals found near Sipper Lake. We are shareholders of the company and a consultant to the company.
Past tests done on the Mud Lake kimberlite found encouraging macro diamonds from small amounts of drill core tested for the presence of diamonds. The macro diamonds found in this testing are very encouraging and there has also been a significant amount of analyses done on the diamond indicator minerals. The indicator minerals from this kimberlite include rare green garnets that are highly important diamond indicator minerals. Although they are rare, they are found in some of the most important diamond mines in the world.
Once a kimberlite is found and determined to have diamonds and good quality indicator minerals, the next important step is to take a larger sample to get an idea of the commercial sized stone potential. The Mud Lake kimberlite has passed the earlier tests and is now onto the testing of a much larger sized sample that will help understand the realistic potential of this kimberlite.
Past work in the Sipper Lake area (around 1 km from Mud Lake) also had very encouraging results. What led to the discovery of the Mud Lake kimberlite were the high counts of indicator minerals found in close proximity to this lake. Sipper Lake is to the east in the “up ice” direction from the Mud Lake kimberlite so it is highly likely that the indicator minerals in this area come from an as yet undiscovered kimberlite source.
Testing of the indicator minerals around Sipper Lake also found rare green garnets in the surface sampling, similar to those found in the drill core from Mud Lake. As these indicator minerals were important in understanding the diamond potential at Mud Lake, they also indicate a high likelihood of finding diamonds in the kimberlite they came from because in every kimberlite where these garnets are found so are diamonds.
Mud Lake and Sipper Lake are part of the Ticho diamond project, located approximately 30 kms from Yellowknife. This area has benefited from a more normal winter this year that enables more “cold weather” work to get done. The colder weather allows for drilling on lake-based targets that can be done on the ice. With the work being done on the Mud Lake kimberlite and the drilling around Sipper Lake, the company is in a good position for significant success.
Snowfield’s stock symbol is SNO and the shares trade on the Toronto Stock Exchange Venture Market. Their website is www.snowfield.com. On their website you can find past news releases and additional information to do your own due diligence.
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Jan 2/08
Snowfield Development Corp.Snowfield is making good progress to extract a 500 tonne sample from the Mud Lake kimberlite. Earlier testing of small amounts of drill core from this kimberlite proved it was diamond bearing with very encouraging distribution of macro diamonds. We are shareholders of the company and a consultant to the company.
This 500 tonne sample is a follow up to the previous analyses that recovered macro diamonds from a small amount of drill core. This larger sample is the ideal way to realistically estimate the commercial sized stone potential. Many companies are not able to go to this sized sample after caustic fusion analyses of drill core because many kimberlites are found in remote areas in Canada. The Mud Lake kimberlite is located around 50 kms from Yellowknife and less than 1000 metres from the shoreline of Great Slave Lake. This allows access in the winter over an ice road or in the summer by barge.
In addition to the above sample, the company is preparing to drill early in 2007 on a new area of interest to the northeast of the Mud Lake kimberlite. One of the main reasons the Mud Lake kimberlite was discovered was as a result of high counts of indicator minerals that were found in close proximity to the lake. The past surface sampling north of Mud Lake has found a similar situation of high counts of indicator minerals found in close proximity to Sipper Lake. Sipper Lake is the nearest logical area to search for the kimberlite source of the indicator minerals found in the surface sampling.
The indicator minerals from the Sipper Lake area have been tested and they are very similar to those found in the Mud Lake kimberlite. The indicator minerals from Mud Lake and near Sipper Lake are unique because of a rare but important diamond indicator mineral called “Green Garnet”. What makes this a very important indicator mineral is, although it is rare, every location where these garnets have been found throughout the world there are also diamonds found. In fact, most of the kimberlites where green garnets and diamonds are found are diamond mines. Of course these are scientific indicators and only give an educated guess, but they were useful at Mud Lake in showing its potential to be diamond bearing, as was the case in other diamond bearing kimberlites where these indicator minerals were also found. Some of those kimberlites are the most prolific diamond mines in the world.
Snowfield is in a very good position for a major breakthrough with the work that is underway to do a sizable sample to test the commercial sized diamond potential at Mud Lake. As well, drilling to explore for a new kimberlite in the Sipper Lake area should be underway early in 2007. The combination of these two efforts could lead to a higher profile for the company in the near term.
Snowfield’s stock symbol is SNO and the shares trade on the Toronto Stock Exchange Venture Market. Their website is www.snowfield.com. Their website contains past news releases and additional information to do your own due diligence