Business
New Quebec Diamond Discovery Contains Rare Purple Diamonds.
KELOWNA, BC, March 3 /CNW/ - Metalex Ventures Limited (MTX : TSX Venture Exchange) in conjunction...
About this update from Metalex Ventures Ltd.
[{"type":"text","content":"\n\n\n\nKELOWNA, BC, March 3 /CNW/ - Metalex Ventures Limited (MTX : TSX Venture\nExchange) in conjunction with its joint venture partners Dianor Resources Inc.\n(DOR: TSX- Venture Exchange) and Wemindji Exploration Inc. are pleased to\nannounce a new diamond discovery in Quebec.\n\n\nDiamonds have been recovered from surface rock samples on the Joint\nVenture's Ekomiak V property in the James Bay region of Quebec. Six hundred\nand forty nine (649) diamonds including nine rare purple diamonds were\nrecovered from eighteen surface rock samples of conglomerates aged between\n2.716 and 2.733 billion years. Natural fancy coloured diamonds are very rare\nand expensive. Purple is one of the rarest and most desirable colours. This\nmakes the Quebec diamond discovery both unique and amongst the oldest diamond\nbearing occurrence in the world.\n\n\nResults from twenty of the forty four outcrop samples from the Ekomiak V\nproperties have been received and eighteen of the conglomerate samples\ncontained diamonds. The Table below shows the composited results of eighteen\nsamples from Ekomiak V. Three of the samples contained a total of nine purple\nmicro diamonds with the largest sitting on a 212 micron screen with dimensions\nof 335 x 379 x 225 microns. Three of the purple diamond samples were collected\non the Ekomiak V property. All the purple diamond samples are associated with\nsamples having high diamond counts (39 to 224 diamonds per sample).\n\n\n-------------------------------------------------------------------------\n Summary of Diamonds recovered by sieve size\n-------------------------------------------------------------------------\n Total\nSample Weight Bottom Sieve aperture in microns(x) Dia-\nNo. Kgs +75 +106 +150 +212 +300 +425 +600 +850 +1180 +1700 monds\n-------------------------------------------------------------------------\nEKOMIAK\nV 480.60 135 298 115 75 20 4 1 1 0 0 649\n-------------------------------------------------------------------------\n(x)1000 microns (equal sign) 1 millimetre\n\n The largest diamond was a colorless fragment measuring 1.06mm x 0.98mm\n x 0.56 mm.\n\n\nDuring 2006, the Joint Venture identified a number of areas of Quebec\nhaving similar geology as Dianor's advanced exploration diamond property, the\nLeadbetter Diamond Bearing Conglomerate, near Wawa, Ontario. Eight different\ngeographic ar...