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news....."second seppelt sample shows 2-carat grad

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    Striker: second Seppelt sample shows 2-carat grade
    RWE News
    11:33:020 9/07/2003
    Sydney - Wednesday - July 9: (RWE) - Striker Resources NL
    reports final numbers from the sorting of concentrate of the second 2003
    bulk sample of kimberlite taken from the Seppelt 2 pipe has returned a
    grade of 2 carats per tonne.
    This is the third bulk sample from the pipe that has shown a
    consistent grade of 2 carats per tonne.
    From 296 tonnes processed, 593 carats of commercial size
    diamonds were recovered.
    Striker noted this sample contained a greater number of diamonds
    in the plus-1 carat range than the previous samples, including four
    diamonds above 3 carats in size.
    The two largest diamonds each weighed 3.9 carats.
    In total, 25,000 diamonds have been recovered from the first two
    samples with 30 per cent by parcel weight greater than 0.25 carat in
    size.
    Sampling has recovered about 1500 carats of commercial-size
    diamonds from the pipe, with an objective of recovering in the order of
    4000 carats, for definitive assessment of diamond value.
    Striker rose 0.2c to 4.3c.
    ENDS

 
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