Snowfield Development Corp. SWFCF

Brown diamond talk.

[HotSnot]

Well i agree with NITWIT...unfortunately, the brown diamonds werent great news. As NITWIT tends to do though he fails to mention additional information. Brown and yellow diamonds are the most common diamonds in the industry. Not worth much as he has he/she has correctly stated. The parts that he has not mentioned are that when a diamond kimberlite pipe is formed (often in clusters), provided they contain any diamonds at all (SNO's do), not every diamond retrieved is going to be White. Thats completely normal. This is a link to PGD's recent bulk sample results. Please take a look at just after half way down the page. https://biz.yahoo.com/iw/070918/0303638.html NITWIT would have you believe that because so many browns were pulled out that the conclusion is to say SNO is mining 8 dollar dirt for a 100-200 dollar cost. That cannot be accurately stated. The sample that NITWIT keeps refering to is of pretty much one, single, solitary hole. I didnt find the drilling results to go along in conjunction with the caustic fusion results so i dont know exactly where in mudlake it was retrieved from. Lets say the Mudlake kimberlite pipe was 1Km by 1Km or even half that to be completely fair to NITWITS point of view. Now take one sample out using a 3.5 inch drill bit from anywhere in the ore body in a perfectly straight line and take out 121.77 kg's of rock and small bit kimberlite. This is a needle of a sample in a haystack. Given the manner in which diamonds are distributed throughtout a kimberlite structure, the majority of which are not white in color to begin with, it was just bad luck SNO retrieved that sample. Diamonds sprinkle out of a kimberlite pipe. the small line that was drill just hit a bad section. It did prove diamonds are there though....and there are alot of them. PGD could have easily taken the exact same sample from its kimberlite pipes with such a small sample aswell. After this, normally a diamond mining company would continue drilling a few more holes but that costs money and the need to keep submitting samples for caustic fusion costs even more money. This is more share dilution. In order to save money and because SNO knows for certain diamonds ARE contained in the kimberlite (and yes there will be white ones, they wont be 90% brown) SNO has decided to proceed with a 500 ton bulk sample instead. 100 tons is being processed as we speak. It is also even better that this normally expensive proceedure is being provided at no cost to SNO by DaBeers. Not a guarantee of anything but its still a nice bonus for shareholders. It saves us money and also is a sign of good faith. This is exactly whats going on. Soooo NITWIT your half right as usual. You neglected once again to mention the part where its highly unlikely for this sample to come back 90% brown even though the first tiny sample did. You also dont mention the KIM's or green garnets which have pretty much been a prelude of good fortune for every other mining company out there who has encountered them. The famed SNO report of the 2006 sample is contained in this link which is in PDF format https://www.snowfield.com/main/news/nr060816.pdf