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Metalex announces discovery of 19 kimberlites in Angola
Metalex announces discovery of 19 kimberlites in Angola
About this update from Metalex Ventures Ltd.
[{"type":"text","content":"\n\n\n\nOct. 20, 2009 (Canada NewsWire Group) -- KELOWNA, BC, Oct. 20 /CNW/ -- Metalex Ventures Ltd. (TSXV : MTX) (\"Metalex\"), is pleased to announce the discovery of 19 new kimberlites and provide an update on the drilling of the large (approximately 24 hectare) M007 kimberlite at its Angolan project.The continuing program of drilling, augering and pitting geophysical targets has discovered 19 new kimberlites bringing the total number of new kimberlite discoveries on the project to 50. Samples from these new discoveries are being shipped by air cargo to CF Mineral Research Ltd for diamond indicator mineral analysis and diamond extraction.Delineation drilling of the 24 hectare M007 kimberlite is now complete. The nine hole program was designed to test the pipe for differing phases of kimberlite and sandstone crater infill along the pipe's length and width as well as to establish whether each phase intersected is diamondiferous or barren. A summary of the holes is presented in the following table.-------------------------------------------------------------------------Dip Hole SignificantLocation relative Dip direction length kimberliteHole to M007-01 degrees degrees meters intersectionsM007-01 n/a -90 n/a 152 Abandoned in sandstoneM007-02 Same location -90 n/a 366 198 to 225mM007-03 269m at 338 degrees -90 n/a 359 12 to 194mM007-04 269m at 338 degrees -55 158 314 6 to 227m245 to 259m280 to 284mM007-05 236m at 158 degrees -50 333 314 253 to 289mM007-06 192m at 325 degrees -90 n/a 373 3 to 281mM007-07 437m at 21 degrees -50 227 495 252 to 268m292 to 302m431 to 495mM007-08 388m at 256 degrees -52 47 441 243 to 250m260 to 265m274 to 277mM007-09 292m at 343 degrees -50 152 441 215 to 221m-------------------------------------------------------------------------Results from the first two holes are now available. 78.85 kilograms of kimberlite from hole M007-02 and 522.12 kilograms of kimberlite from the upper 145 meters of hole M007-03 have been processed. Although the samples contained varying amounts of diamond indicator minerals including G10 pyrope garnets, Group 1 eclogitic garnets, and clinopyroxenes with compositions similar to those found growing with diamonds the samples to date have not been diamondiferous. The picroilmenite compositions indicate that the phase of kimberlite magma that was tested by holes 2 and 3 was at chem...