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Ice Diamond Property  

Diamond: Diamonds

Owner: Quest International Resources Corp.
Location: SE B.C., Canada;  Ft. Steele Mining Division, British Columbia, Canada

Information Available:

Geology: Yes Drilling: No
Geochemistry: Yes Reserves: No
Geophysics: Yes Other: Yes

Land Tenure:

Owned (100%)

96 Lode Claims, 2 Placer

15,025 Hectares

Surface Rights Secured: Yes

Agreement Type Sought: Joint Venture

Property Summary:

The Ice property is a diamond prospect located in Southeastern British Columbia, Canada, near the B.C. border with Alberta in the Fort Steele Mining Division. The property is 100% owned by Quest International Resources Corporation, with the exception of a small group of claims (eight claims, including two placer claims) on the west side of the property held under an option agreement. The Ice claims cover approximately 15,025 hectares ( 37,100 acres).

Consolidated Ramrod Gold Corporation, the predecessor company to Quest International Resources Corporation, began exploration for diamonds on the Ice property in 1993. The initial program consisted of airborne geophysics and reconnaissance stream sediment sampling for indicator minerals. The program located 21 magnetic and/or resistivity anomalies and 25 anomalous stream sediment samples containing significant numbers of G9 and G10 pyrope garnets, chrome diopsides, picro-ilmenites and chromites.

The 1994 follow-up exploration program focused on claims held in joint venture. This program found four new kimberlite pipes, subsequently named the Bonus, Ram 5, Ram 6 and Ram 6.5 pipes. A hand-dug, half cubic yard sample of kimberlite was taken from the Ram 5, Ram 6 and Ram 6.5 pipes. The samples yielded abundant G9 and G10 pyrope garnets, chrome diopsides, picro-ilmenites, chromites and two diamonds two millimeters in size.

In 1996 a surface bulk sampling program was completed for the Ram 5, Ram 6, and Ram 6.5 pipes. The samples totaled approximately 90 tons and consist mostly of overburden material mixed with 5% to 10% kimberlite. Material processed includes 35 tons from the Ram 5 pipe, 15 tons from Ram 6 pipe and 40 tons from Ram 6.5 pipe. A total of six diamonds were recovered from the processed samples. Three diamonds were found in the Ram 5 sample, three diamonds in the Ram 6.5 sample and no diamonds were recovered from the Ram 6 sample. The diamonds recovered from the Ram 5 pipe are larger and of much better quality than those recovered from the Ram 6.5 pipe. Despite the fact that 90% of the Ram 5 pipe 35-ton bulk sample is non-kimberlitic material, diamonds weighing 0.255 ct were recovered.

The most important result of the bulk sample test on the three pipes is the recovery of diamonds. The Ice property has been proven to be diamondiferous and the property has high commercial potential.

Quest is planning additional work on the property this fall, including heavy mineral sampling in the relatively unexplored southern part of the property. Several hundred pounds of kimberlite will be collected from the Bonus, Ram 5 and Ram 6.5 pipes and will be submitted to a diamond laboratory located in Saskatchewan for further diamond analysis.

Geology Summary:

Available on Request

Geochemistry Summary:

Available on Request

Geophysics Summary:

Available on Request

Drilling Summary:

None

Reserves Summary

None

Other:

Available on Request

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DISCLAIMER: MineMarket.com, its affiliates, associates, or assigns are not responsible for the content, accuracy or marketability of any of the services or information contained in or linked to this website. Furthermore, MineMarket.com, its affiliates and its assigns make no representation or warranty of any kind or character with respect to the adequacy of any services or information contained in or linked to this website for any purpose and disclaim all liability of any kind arising from its use.