“POSSIBLE VENT DISCOVERED AT TOM AND JERRY SOUTH”
SIGNIFICANT DIAMOND INDICATOR MINERALS OBSERVED “SUBSURFACE” AT
HORTON VALLEY DIAMOND PROSPECT AT BINGARA NSW
The Company has completed a major ten day field program at its Horton Valley Diamond Prospect at Bingara
NSW. The program was designed to “subsurface” test focused targets for possible sources of diamond and
diamond indicator minerals, previously found in stream sediment sampling by the Company.
Prospective target areas were probed with detailed ground magnetics, further surface sampling and auger drill
assessment.
Based on field sample observations and quick review of samples processed to date by the Company, a
possible “explosive volcanic vent”, carrying large concentrations of key indicator mineral (garnets) has
been identified on the southern extent of the South peak of the Tom & Jerry mountain.
The Company has sent samples to an independent diamond laboratory in WA for heavy mineral separation,
enabling recovery of the key indicator minerals and detailed examination is due to follow.
Executive Summary
A possible “explosive volcanic vent” has been tentatively identified on the Tom & Jerry mountain
south peak through key diamond indicator (garnet) prospecting, geological mapping and auger
drilling into fresh rock.
Early indications show a potential vent size of 200m diameter on the southern slope of the Tom &
Jerry mountain southern peak
Auger drilling consisted of 2 holes, drilled to depths of 10m and 11.5m respectively, through
overlying light scree, 35m apart. Both holes appear to have hit the possible explosive vent rock.
Petrology and indicator mineral analysis are being undertaken to confirm the field observations.
The quantity of the key indicator minerals in this recent “field assessment” of a small sample size
from the auger holes at the possible vent site “appears to have exceeded significantly all previous
indicator mineral counts by the Company at Bingara”.
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