Snowfield Development Corp. SWFCF

Will Purcell

[bestguesstoo]

Purcell has once again made reference to the Drybones Pipes and the results gained from those several years ago. He states,"The biggest test of any pipe in the area took place a decade earlier. The diamond haul from just under 10 tonnes of kimberlite taken from the huge Drybones pipe yielded a diamond haul deemed disappointing at the time, but a closer look hints at a core zone with a grade of 0.20 carat per tonne." There is no evidence that these pipes are indicative of the Mud Lake deposit or any of the perspective deposits on the SNO properties. New Shoshoni did some drilling on the two pipes in Drybones Bay but because these pipes are underwater it increases the costs considerably. New Shonshoni's website describes the exporation and the results., "D. Smith discovered the Drybones DB01 kimberlite in 1994, by independently drilling a short hole intersecting 24m of kimberlite. In the four years following the DB01 discovery, two separate junior exploration companies optioned Drybones. Collectively, they conducted a number of geophysical surveys and drilled 21 DDH (totalling 5550m) on the DB01 kimberlite pipe. The DB01 kimberlite pipe is now known to be the largest kimberlite pipe in the Canadian Arctic, at a surface area of 31ha (75 acres). In 2003, NSV carried out a four-hole diamond drill program testing one of the peripheral magnetic anomalies to DB01. The company discovered the property's second diamondiferous kimberlite pipe, the DB02. As yet, no economically viable diamond enriched zones have been identified in either kimberlite pipe. "Previous exploration recommendations have suggested additional bulk sampling of the sizeable DB01 pipe should be conducted to define an economically exploitable segment within the pipe, however NSV considers this course excessively expensive. NSV has elected to concentrate exploration efforts to test the current theory that the six magnetic anomalies surrounding the DB01 pipe are a cluster of kimberlite pipes; postulating that one of these anomalies may represent a more discrete and highly enriched kimberlite pipe. The 2003 discovery of the DB02 kimberlite pipe, immediately southeast of DB01, has added credence to New Shoshoni's kimberlite pipe cluster hypothesis." If someone was to come along with enough money to fully explore the interior of the largest pipe discovered in the Artic, known to be diamondiferous, and take a bulk sample from deeper in the pipe, maybe economic diamonds will be discovered. Or, maybe someone will test one of the other anomalies directly adjacent. For Will Purcell to discount this possibility based on only four surface holes and a 10 tonne bulk sample is ridiculous. And to extrapolate these results to the Mud Lake deposit is irresponsible. I would take Will Purcell's opinion with "a grain of salt". If everyone was to believe Will Purcell's analysis then there would be absolutely no investment in the Artic at all. Good luck to all, BGT