DIAMOND EXPLORATION NEWS Buffalo Hills Totals 37 Kimberlite Pipes

PEACE RIVER, Alta. Drilling by PURE GOLD MINERALS has unearthed the 37th kimberlite pipe on the Buffalo Hills pro...

Topics

PEACE RIVER, Alta. Drilling by PURE GOLD MINERALS has unearthed the 37th kimberlite pipe on the Buffalo Hills property in north-central Alberta. The first target drilling during this winter's program had returned 5 m of highly altered kimberlite by Jan. 29 and was still going. The kimberlite is overlain by 30 m of glacial overburden and 24 m of mudstone.

Buffalo Hills is a joint venture of Pure Gold (10% and operator, www.puregold.ca), ASHTON MINING OF CANADA (45%, www.ashton.ca) and ENCANADA CORP. (45%, www.encana.com). Since 1997 the joint venture has spent over $25 million on diamond exploration throughout northern Alberta. A 22.8-t bulk sample from the K-252 kimberlite, discovered in the fall of 2000, returned 12.54 ct or 55.0 ct/t. The largest diamond weighed 0.94 ct. Pure Gold's latest drillhole, called K-296, is located 18 km southwest of K-252.

Comments

Your email address will not be published. Required fields are marked *