newsIt takes years for diamond mining that is what I was refering to when I said years.
Here is a report on that.
Rock to prepare technical reports for Tres-Or options
Rock Resources Inc (2) RCK
Shares issued 18,258,831 Jan 16 close $0.09
Mon 19 Jan 2004 News Release
Also (TRS)
Mr. Graeme Rowland of Rock Resources reports
TECHNICAL REPORT APPOINTMENT
Appointment
Rock Resources has appointed Harrison Cookenboo, PhD, PGeo, to prepare an
independent technical report to meet or exceed the standards of National
Instrument 43-101 on the company's three properties optioned from Tres-Or
Resources: Temagami North, Cobalt South and Temagami East. The report will
cover the diamond and precious and base metal exploration potential plus
give a detailed history of the production history of mines in the area. As
required by NI 43-101, the report will include target evaluations and
recommend exploration plans for each property.
Mr Cookenboo will prepare the report using not only his own expertise but
also including contributions from Elaine Basa, PGeo, formerly with the
Cobalt office of the Ontario Geological Survey, and Martin Ethier, MSc, GIS
expert, who teaches GIS at the Haileybury School of Mines, plus use
geological and geophysical expertise from Tres-Or, the operator of the
exploration projects.
The properties
On May 27, 2002, the company entered into an option agreement with Tres-Or
to earn a two-thirds interest in 104 non-contiguous claim units in the New
Liskeard/Cobalt kimberlite field in Northeastern Ontario (the Temagami
North property). These claims are located proximal to known diamond-bearing
kimberlite pipes and the claims cover high-quality magnetic targets in the
Cobalt/New Liskeard kimberlite field.
On July 29, 2002, the company entered into an agreement with Tres-0r to
acquire a two-thirds interest in 795 contiguous claim units located in
Northeastern Ontario (the Temagami East property).
On June 30, 2003, the company and Tres-Or completed an expanded and
extended agreement which added the Cobalt South claims to the Temagami
North option agreement. Concurrently, the company can earn a 50-per-cent
interest in the 169 contiguous Cobalt South claim units (the Cobalt South
property) which are on strike and contiguous with another public company's
diamond-bearing lamprophyric breccia dike complex near Cobalt, Ont.
In making the announcement, Graeme Rowland, chairman and president of Rock,
said, "I look forward to receiving this report which I believe will greatly
improve our understanding of the potential of these properties and will
support our ongoing fundraising efforts."
(c) Copyright 2004 Canjex Publishing Ltd. https://www.stockwatch.com