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Red Mile Minerals Corp V.RDM



TSXV:RDM - Post by User

Bullboard Posts
Comment by gehuffon Feb 25, 2004 12:51am
246 Views
Post# 7113674

OT: v.TSD Release

OT: v.TSD ReleaseA large composite kimberlite Tsodilo Resources Limited: Further Interpretation Of Drilling Results via COMTEX February 24, 2004 TORONTO, Feb 24, 2004 (BUSINESS WIRE) -- Tsodilo Resources Limited (TSX Venture Exchange: TSD) are pleased to announce an update on the Company's Ngamiland diamond exploration program, including a further interpretation of their geophysical survey and reverse circulation drilling results on the A37 and A12 kimberlites. . .(see the full release on the TSD forum) . The gravity and magnetic data from ground surveys over the A37 kimberlite are interpreted to indicate that there is a major kimberlitic crater and at least two closely associated subordinate craters with a number of kimberlite intrusive centres. It is therefore similar to many of the world's large kimberlites in being a composite body. We estimate that the main A37 sediment-filled crater is some 1000m in length by 500 to 600m in width and that the total surface area, including the subsidiary basins to the east and north, is 80 -120 hectares. While further drilling will be needed to delineate the body with greater accuracy, it seems as though this will be the second or third biggest kimberlite found in the Republic of Botswana, the largest producer of diamonds, by value, in the world.
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