Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Snowfield Development Corp.

Publié le 24 avril 2008

UPDATES BULK SAMPLE RESULTS

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Chrome |

News Release (NR 08-12) ? April 24, 2008

 

Trading Symbol: TSX Venture: SNO             Shares Issued: 95,472,109

 

            Snowfield Development Corp.?s (?Snowfield? or the ?Company?) has received additional diamond results from a 96.1 tonne bulk sample that was extracted from the Mud Lake kimberlite at the Ticho Diamond Project, located 50 km southeast of Yellowknife, NT.

 

            The 96.1 tonne sample, initially processed at the DeBeers Dense Media Separation (DMS) plant in Grande Prairie, AB, yielded a 1,566 kg heavy mineral concentrate that was split and sent for macro diamond recovery using an x-ray flow sort circuit at two separate laboratories. Approximately 2/3 of the concentrate was processed at the Saskatchewan Research Council (SRC) in Saskatoon, SK, where a grease table was used to audit the x-ray rejects. The remaining 1/3 of the concentrate was processed at the DeBeers facility in South Africa using X-ray Sortex only.

 

            Diamond recovery results previously reported from SRC (NR-08-08) included 4 stones from the original 1,044 kg DMS concentrate that fell on the +1.18 mm square mesh sieve. Most recent results from the audit of the hematite-rich concentrate tails include the recovery of 3 additional diamonds, falling on the +1.18mm, +1.70mm and +2.36mm square mesh sieve, giving a total combined carat weight of 0.34 carats. The three largest diamonds recovered from SRC measured 5.0 x 3.5 x 1.04 mm (colourless, clear fragment); 3.2 x 2.5 x 1.5 mm (grey, included fragment); 2.0 x 1.84 x 1.4 mm (yellow, clear octahedron).

 

            Processing of the remaining 1/3 of the DMS concentrate (518.8 kg) at the DeBeers macro diamond laboratory in South Africa recovered an additional 4 diamonds weighing 0.34 carats. These stones were sieved on DTC sieves, with three diamonds recovered on the +5 DTC sieve, and one diamond on the +7 DTC sieve. Further descriptions of these stones are pending.

 

            The bulk sample results have returned an indicated diamond content of 0.7 carats per hundred tonnes (cpht). The caustic fusion audit performed by SRC on the processed concentrate, aimed at assessing the impact of the hematite-rich rejects and coarse crush size, failed to return significant diamond recoveries.

 

            The Company remains encouraged by the presence of high interest indicator mineral chemistry and is currently drilling different areas of the kimberlite sill complex, including a lower sill identified from previous drilling, to test the theory of variable diamond populations across the complex and between the different sheets.

 

            The delineation drill program currently underway at the Mud Lake kimberlite complex is aimed at gaining a better understanding of the size and extent of the kimberlite, as well as collecting additional kimberlite sample material for microdiamond recovery. During the 2008 Delineation Drill Program to date, a total of 32 drill holes (3,563 m) have been completed on a 25 meter grid basis testing an area to the southeast of the bulk sample pit. Drill core is being split and sampled, with approximately 70 kg of kimberlite already submitted for caustic fusion analysis to the SRC.

 

            Additionally, during 2008 the Company has completed 15 exploration drill holes (2,141 meters) in an effort to discover the up ice source of several high interest kimberlitic indicator mineral dispersions located to the north of the Mud Lake kimberlite. Surface till samples in the area of interest have yielded high counts of indicator minerals, including high chrome pyrope garnets as well as green garnets, which are known to be found in diamond bearing kimberlites including the Premier Mine in South Africa and Udachnaya in Russia. The presence of partial alteration mantles on a number of these indicator minerals suggests a close proximity to the kimberlite source. Exploration efforts will continue to track the source of these high interest indicator minerals.

 

            A summer exploration program is currently being planned. The program will include the collection of additional surface till samples, aggressive prospecting, ground geophysics and further exploration drilling. The recent compilation of all historic till sampling, drill and geophysical data is aimed to help refine the search for these un-sourced indicator mineral dispersions.

 

            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 who has approved the technical content of this News Release (NR08-12).

 

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 theadequacy or accuracy of the contents hereof

Corporate Communications
Snowfield Development Corp
http://www.snowfield.com

Snowfield Development Corp.

CODE : SNO.V
CUSIP : 833396
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Snowfield est une société d’exploration minière basée au Canada.

Snowfield détient divers projets d'exploration en USA et au Canada.

Ses principaux projets en exploration sont TICHO DIAMOND en USA et NOTTAWAY et MUD LAKE AREA (TICHO) au Canada.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Snowfield Development Corp.
12/12/2012EXTENDS PRIVATE PLACEMENT
16/12/2008PRIVATE PLACEMENT
29/08/2008ANNOUNCES PRIVATE PLACEMENT
19/06/2008COMBINES AND RE-PRICES PRIVATE PLACEMENT OFFERINGS
20/05/2008ANNOUNCES PRIVATE PLACEMENT UNIT OFFERING
21/02/2008Announces Super Flow-Through Private Placement with MineralF...
14/11/2007 NEGOTIATES PRIVATE PLACEMENT
12/10/2007ANNOUNCES FLOW-THROUGH SHARE OFFERING
Projets de Snowfield Development Corp.
07/07/2008(Mud Lake)Mud Lake Drill Results
09/05/2008(Mud Lake)announces it has finished its Mud Lake Kimberlite delineatio...
24/04/2008(Mud Lake)UPDATES BULK SAMPLE RESULTS
10/03/2008(Mud Lake) UPDATES BULK SAMPLE RESULTS
09/01/2008(Ticho Diamond)2008 EXPLORATION DRILL PROGRAM COMMENCED
20/08/2007(Mud Lake Area (ticho))EXTRACTS 500 TONNE KIMBERLITE BULK SAMPLE
Communiqués de Presse de Snowfield Development Corp.
02/06/2009Completes agreement to acquire 100% interest in four uranium...
02/03/2009MOVES ON ADVANCED SILVER PROJECT
08/12/2008UPDATE
27/02/2008 UPDATES DRILLING AND DIAMOND COUNTS
14/12/2007DeBeers Processed 100 Tonnes of Bulk Sample
07/11/2007SNOWFIELD UPDATE
13/09/2007COMPLETES CRUSHING AND BAGGING KIMBERLITE
19/07/2007Snowfield updates Ticho Project
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (SNO.V)Other OTC (SWFCF)
0,005+0.00%0,014-87.04%
TSX-V
CA$ 0,005
25/02 15:46 -
0%
Cours préc. Ouverture
0,005 -
Bas haut
0,005 0,005
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,005 -%
Volume var. 1 mois
0 -%
Produit
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,58 AU$+2,71%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,83 AU$-4,07%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,47 US$-7,33%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-10,32%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,00 CA$+0,00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
8,71 CA$-1,02%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 CA$+7,14%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,25 AU$+4,17%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,79 CA$-6,28%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
59,37 US$+2,73%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,03 AU$+0,00%Trend Power :