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Consolidated Gold Win Ventures Inc. - Core samples analysis confirm Mud Lake Kimberlite prospect diamondiferous
Consolidated Gold Win Ventures Inc. - Core samples analysis confirm Mud Lake Kimberlite prospect diamondiferous.
About this update from Big Bear Gold Corp.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, July 21 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC.\n(CGW TSX- ) (\"Gold Win\") received the core sample analysis from Kennecott's\nThunder Bay Laboratory results on Friday July 14th, 2006, after directly\ncontacting the laboratory. A total of 12 micro diamonds were recovered from 5\nof the 10 holes with several holes having multiple micro-diamond counts.\nA total of 190 kilograms of core was processed. This represents a three\nfold increase in the original sample that Snowfield sent in (3 micro diamonds\nand 1 macro diamond) earlier this year from a 65% increase in sample size.\nFurther enhancement of the results is obvious when the non-diamondiferous\nsample weights are excluded. The distribution of the micro diamonds along the\neastern most edge of the kimberlite sill suggests a distributional pattern\nthat could be indicative of the source of this sill. To further enhance this\npattern and validate it, the company needs the results of the second batch of\ncore samples submitted for analysis and which intersected wider zones of\nkimberlite to the west.\n\n>\n\nGold Win is encouraged by these results in that they confirm that the\nsill is diamondiferous and a specific zonation pattern which could lead to\nhigher concentrations of diamonds is being indicated. The Mud Lake Kimberlite\nis the third diamondiferous kimberlite body discovered to date in the Drybones\nBay area 55 kilometres southeast of Yellowknife, Northwest Territory and is\nunderlain by the South Slave Craton which hosts all the currently producing\nCanadian Diamond mines.\nGold Win expects to receive the results from the second batch of core\nsamples early next week.\nThe Mud Lake Kimberlite is the third diamondiferous kimberlite body\ndiscovered to date in the Drybones Bay area 55 kilometres southeast of\nYellowknife, Northwest Territory and is underlain by the South Slave Craton\nwhich hosts all the currently producing Canadian Diamond mines.\nGold Win has also now completed the 3-D Induced Polarization (IP) survey\nmapping on its South Dolly Varden gold/silver/copper claims in Elko County\nNevada. Drill permitting is ongoing at present and the first upcoming drill\nprogram is intended to explore targets associated with high grade surface\nsamples which returned values of up to 1145 ppm silver (33.57 ounces per\ntonne), 9.34% copper and 20....