Friday, September 19, 2003

CANADIAN DIAMONDS

From the Nunatsiaq News comes a story of the discovery of more than a dozen new diamond mining sites.
Exploration firms working in the Kitikmeot and Kivalliq regions reported this week that their summer exploration programs have turned up new discoveries of kimberlite.

Kimberlite is a mineral, usually found in long, narrow pipes under the ground, that often contains diamonds.

In the Kivalliq region, just south of Rankin Inlet, a consortium of three companies exploring an area called the "Churchill Diamond Project" reported this past Tuesday that they've found four more kimberlite pipes, bringing the total number they've found this year to 15. Samples from those finds are now being tested for their microdiamond content.
Highly promising and potentially a revenue source for the multitude of social programs the Canadians have implemented.

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