Snowfield Development Corp.

Published : March 10th, 2008

UPDATES BULK SAMPLE RESULTS

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Keywords :   Canada | Diamond | Liberation | Recovery |

News Release (NR 08-09) ? March 10, 2008

 

Trading Symbol: TSX Venture: SNO                                                                                                                                                                        Shares Issued: 91,708,455

 

            Further to Snowfield Development Corp.?s (?Snowfield? or the ?Company?) news release of March 3, 2008 (NR 08-08) reporting results from a 1,044kg sample of concentrate from its Mud Lake kimberlite complex, processed at the Saskatchewan Research Council?s (?SRC?) lab in Saskatoon, it is the Company?s intention to carry out additional testing on this sample.

 

            Snowfield believes that Diamond recovery may have been hampered by the coarse crush size as well as the presence of hematite that is known to occur throughout the kimberlite. If the diamonds were not fully liberated from crushing, or covered with a hematite coating, it is possible they would report to the reject fraction. It is Snowfield?s intention to audit a portion of the concentrate from both the x-ray accepts and rejects using caustic dissolution to determine if there were diamonds that were not recovered due to insufficient crushing or the presence of hematite material coating the diamonds. Recent sample results (NR-08-08) reported a bottom sieve size of 0.850 mm, however the lower cutoff during the initial kimberlite processing was 1.4mm, possibly explaining the paucity of finer stones recovered.

 

            The balance of the concentrate yielded from the initial 100 tonnes processed by DeBeers Canada Exploration Ltd. (DeBeers) at their Grande Prairie, AB, Dense Media Separation (DMS) Plant is still in custody. Kimberlite processed through the DeBeers DMS circuit was crushed to a top size of 12.5mm. Snowfield will discuss the possibility of a secondary crush to a smaller size fraction with DeBeers. This secondary crush would assist in the liberation of any diamonds missed in the initial procedure. A routine audit of a portion of the DMS ?floats? or reject material from the DMS circuit will also be undertaken by a separate DMS facility, yet to be determined.

 

            Snowfield has now moved their delineation drill to the Mud Lake kimberlite and drilling has commenced to further test the kimberlite that has been identified on three separate horizons. Split core samples will be collected under chain of custody from each of the horizons and treated by caustic dissolution to determine if there are variable Diamond populations between the kimberlite sheets.

 

            Exploration drilling at the Ticho Project continues and further updates can be expected. The 2008 exploration program is under the supervision of Jennifer Burgess, P. Geol., a qualified person under NI 43-101.

 

On behalf of the Board of Directors,

 

Snowfield Development Corp

 

?Robert T. Paterson?

 

Robert T. Paterson

President and Director

  

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the

adequacy or accuracy of the contents hereof.

Corporate Communications
Snowfield Development Corp
http://www.snowfield.com
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Snowfield Development Corp.

CODE : SNO.V
CUSIP : 833396
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Snowfield is a exploration company based in Canada.

Snowfield holds various exploration projects in Canada and in USA.

Its main exploration properties are TICHO DIAMOND in USA and NOTTAWAY and MUD LAKE AREA (TICHO) in Canada.

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Financings of Snowfield Development Corp.
12/12/2012EXTENDS PRIVATE PLACEMENT
12/16/2008PRIVATE PLACEMENT
8/29/2008ANNOUNCES PRIVATE PLACEMENT
6/19/2008COMBINES AND RE-PRICES PRIVATE PLACEMENT OFFERINGS
5/20/2008ANNOUNCES PRIVATE PLACEMENT UNIT OFFERING
2/21/2008Announces Super Flow-Through Private Placement with MineralF...
11/14/2007 NEGOTIATES PRIVATE PLACEMENT
10/12/2007ANNOUNCES FLOW-THROUGH SHARE OFFERING
Project news of Snowfield Development Corp.
7/7/2008(Mud Lake)Mud Lake Drill Results
5/9/2008(Mud Lake)announces it has finished its Mud Lake Kimberlite delineatio...
4/24/2008(Mud Lake)UPDATES BULK SAMPLE RESULTS
3/10/2008(Mud Lake) UPDATES BULK SAMPLE RESULTS
1/9/2008(Ticho Diamond)2008 EXPLORATION DRILL PROGRAM COMMENCED
8/20/2007(Mud Lake Area (ticho))EXTRACTS 500 TONNE KIMBERLITE BULK SAMPLE
Corporate news of Snowfield Development Corp.
6/2/2009Completes agreement to acquire 100% interest in four uranium...
3/2/2009MOVES ON ADVANCED SILVER PROJECT
12/8/2008UPDATE
2/27/2008 UPDATES DRILLING AND DIAMOND COUNTS
12/14/2007DeBeers Processed 100 Tonnes of Bulk Sample
11/7/2007SNOWFIELD UPDATE
9/13/2007COMPLETES CRUSHING AND BAGGING KIMBERLITE
7/19/2007Snowfield updates Ticho Project
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