DIAMOND EXPLORATION NEWS Sudbury Contact Reacquires Timiskaming Property

The Timiskaming diamond property straddling the border of two provinces yielded a 40% increase in diamonds from kimberlite pipe 95-2. The recent 1,225-kg sample produced 78 diamonds (54 microdiamonds and 24 macrodiamonds). Two nearby anomalies and other high-priority targets were identified by operator SUDBURY CONTACT MINES.

Sudbury Contact reacquired the property in 2002 and now holds a 100% interest. The property currently covers 33,600 hectares. This year's drill program on pipe 95-2 has already begun. One NQ-diameter hole will extend 92-5 from 150 m to 350 m. Seven other HQ-size holes will define the volume of the pipe to 250 m. The program totals 1,800 m, and the company expects sample results to be available by the end of March. The Timiskaming drill program will total 4,000 m and cost a planned $1.5 million.

Four gold properties are also targeted for drilling this year by Sudbury Contact: Moosehead and Colchester in Newfoundland, and Iron Creek and War Eagle in Idaho.

For further information call vice-president Barry Landen at 416-847-3710.