TORONTO -- Toronto - Pele Mountain Resources (TSX VENTURE:GEM) ("Pele" or the "Company") today announced an update on its 500-tonne bulk sampling
program at the Festival Diamond Project in northern Ontario.
Encouraging diamond recoveries generated by bulk sampling
program on the Duas Barras alluvial diamond property;
FSE) is pleased to report that the underground development and bulk sampling
program has intersected un-diluted average gold grade of 5.
UPDATE ON DRILLING RESULTS AND PLANS FOR BULK SAMPLING
the memo recommends Wallbridge conduct an economic evaluation of a higher mining rate and move forward with a bulk sampling
The company is to commence bulk sampling
diamond bearing kimberlite ME22 following advice today from Stockdale Prospecting Limited, a wholly owned controlled entity of De Beers Consolidated Mines of South Africa, that it has withdrawn from the Nabberu joint venture.
The overall 2006 bulk sampling
program was highly successful in terms of productivity, as the Company processed more than double the volume of material assessed in 2005 (86 tonnes versus 41 tonnes in 2005).
encouraging results from bulk sampling
of alluvial gravels to the south of the
The other benefit of bulk sampling
is to test for metallurgic recoveries.
Extensive drilling and bulk sampling
of the pipe is being planned.
OTCBB: MYNG) announced today that its ongoing bulk sampling
program and pilot operations on its C Zone gold anomaly in eastern Bolivia are confirming the dimensions of the project's gold mineralization with a view toward potential full scale production.
During the past year, the Company has continued with its underground development and bulk sampling
program at the ZCV#1 Vein, having decided that superior exploration information would result from drifting than from drilling.