TSIILAQ, Greenland With luck an economic deposit of nickel may be unearthed on the south coast of Ammassalik Island. DIAMOND FIELDS INTERNATIONAL has begun fieldwork on its newly-acquired discovery off the southeast coast of Greenland. The find comes at an opportune time as Breakwater Resources' Nanisivik lead-zinc mine closed at the end of 2002. Certainly, the local community would welcome a new source of well-paying jobs.
Mineralization at the discovery outcrop extends for 90 m along strike and varies in width from 1 to 8 m. Chip sampling by discoverer Anders Lie, who now leads the exploration team, yielded an average of 1% Ni, 0.3% Cu, 0.012 g/t Pt, 0.239 g/t Pd, 0.155 g/t Au, 553 g/t Co, and 2.4 g/t Ag.
More information about the Greenland project is available from Earl Young at 214-219-1439. Diamond Fields is also dredging for diamonds off the coast of Namibia. In Madagascar, the company reports it has recovered two gem-quality diamonds weighing 23.82 and 8.39 ct.