Follow-up bulk samples taken with a view to resolving the source of the Beta Creek diamonds have been screened and wait transport to, and processing at, the Heavy Media Separation plant. At Ashmore, the mining licence was granted exempt of expenditure and ongoing rehabilitation work was in progress.
October 25, 2002
Consolidated New Sage Resources is reporting that Striker Resources has recovered 412 carats of commercial sized diamonds from a 183 tonne bulk sample of kimberlite to 6 m depth from the Seppelt 2 kimberlite pipe on the Beta Creek property in Western Australia. The plus 1 mm commerical size diamonds grade 2.25 carats per tonne, which the company says represents the most significant bulk sample grade from a kimberlite pipe in Australia, since the discovery of the Argyle mine. The Seppelt 2 pipe lies 5 km south of the Seppelt 1 pipe which is supporting a grade of 43 carats per 100 tonnes. Diamond valuations and diamond frequency modelling will commence shortly forming part of scoping studies with a view of trial mining both pipes. Striker is currently undertaking a diamond core drilling program at Seppelt 2 aimed at determining the size and shape of the pipe.
Striker Resources has completed the processing of wide diameter drill bulk samples from its Seppelt property in Western Australia, according to Minmet Australia. Grades from the sampling program ranged up to 48.3 carats per 100 tonnes, and the company is planning a second drill program to test deeper segments of the property. Upon the completion of the 1,200 metre drill program, the company will decide on a 1,000 tonne bulk sample to a depth of 15 metres to refine the grade and value of the diamonds. Seppelt is part of a larger project that covers 5,400 sq km in the Kimberley region of Western Australia.