MINING MATTERS – Etruscan & Mountain Lake to Open Diamond Mine

Circle Nov. 5, 2002, on your calendar as the official opening of Etruscan Resources' (75%) and Mountain Lake Resour...

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Circle Nov. 5, 2002, on your calendar as the official opening of Etruscan Resources' (75%) and Mountain Lake Resources' (25%) first diamond mine near Ventersdorp, South Africa. Processing will begin at 4,000 tonnes/day. Construction of the US$2-million project began only last February. The property has a resource of 12 million tonnes with a recoverable grade of 1.6 carats per 100 tonnes. A decision has already been made to twin the first plant, bringing the rate up to 8,000 t/d in the spring of 2003.

Etruscan is based in Windsor, N.S., and Mountain Lake is in Vancouver, B.C. Updates on the project and a generous selection of photographs are available at www.Etruscan.com

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