CH-31 GIANT potentialBeen picking away at the Chidliak Technical report since it was released.
CH-6, CH-7, CH-44, CH-46 will be what the basis of a mine is built on due to their close proximity. But what I am most interested in is CH-31.
The CH-31 kimberlite was discovered when kimberlite boulders and cobbles were found within a subtle magnetic-low anomaly that is associated with an electromagnetic anomaly. Subsequently, this kimberlite was drilled and 410 m of kimberlite was intersected in a core hole inclined at a 45o angle, which equates to an estimated horizontal width of at least 290 m. CH-31 is composed of VK with varying amounts of Paleozoic carbonate and basement xenoliths. Occasional mantle xenoliths were recognized including peridotites and eclogites. On preliminary inspection, CH-31 appears to be a uniform kimberlite body and distinct kimberlite phases are not recognizable. A total of 840 kg of kimberlite (core and surface samples) was processed and yielded a total of 233 +0.106 mm sieve size diamonds, including five +0.850 mm sieve size diamonds which weighed a total of 1.39 cts. Of the five +0.850 mm sieve size diamonds, one was classified as being white/colourless, one was off-white and three were grey. The largest diamond is a 1.15 ct off-white tetrahexahedron that was recovered from thefourth sample.
1.39carats in a 840kg sample with a surface expression of 4ha. Im sure everybody has seen the Chidliak presentation and saw the estimated tonnage put on that bar graph but its still quite amazing. CH-6 already worth $1.5billion, just considering what is "official" doesnt take much more to justify a mine and having a 4ha, potentially 1.30c/t as your RESERVE rather than primary reason to mine? I hope they do at least a mini-bulk of that giant next year.