ORP 5.71% 3.7¢ orpheus uranium limited

11 reasons to be buying oropa now, page-24

  1. 1,150 Posts.
    BTW, congratulations on getting ORP into the 'Most Discussed Stocks' list - that must be a first - lol.

    Well, since 2000 anyway, when those great diamond results came through - lol.

    Here's a sample - lol.


    MACRO AND MICRO DIAMONDS RECOVERED FROM ORIENTATION SAMPLES
    COLLECTED FROM FIRST PASS SAMPLING
    The Directors have pleasure in submitting this report for release,
    Highlights
    * Logistics and support base established in Mainpur in southern
    portion of prospecting Block D-7 in Madhya Pradesh
    * Orientation sampling (comprising 35 kg samples) of selected areas
    of Block D-7 completed to July 2000 with in excess of 300 stream
    sediment samples collected.
    * Processing and analysis of majority of reconnaissance samples
    completed at diamond laboratories in Perth and Johannesburg.
    * Macro and micro diamonds recovered from orientation samples
    collected from weathered surfaces deposits of Behradih and Kodomali
    kimberlites.
    * High interest heavy minerals, comprising primarily pyrope garnets
    and chrome spinels, observed in large number of reconnaissance
    stream sediment samples observed so far.
    * Micro-analysis of indicator minerals indicates presence of
    significant numbers of G10 pyrope garnets, and chrome spinels with
    >60% chromium which are compatible with derivation from a
    diamondiferous source
    * Permitting applications are in progress to allow large volume
    sampling, including bulk sampling, of known kimberlite pipes and
    other high interest anomalies.
    * 10-15 tonne per hour Dense Media Separation ("DMS") plant order
    initiated to facilitate bulk sampling operations in forthcoming
    field season.
    OROPA LIMITED - B VIJAYKUMAR AND COMPANY, INDIAN JOINT VENTURE
    Following the granting of a diamond prospecting tender for Block D-7
    in south eastern Madhya Pradesh, Oropa Limited ("Oropa" or the
    "Company") and its joint venture partner, B Vijaykumar and
    Company ("BVJK") are pleased to announce that initial orientation
    sampling around four known kimberlites located in the south-east of
    Block D-7 has been highly encouraging.
    BVJK is one of the largest Indian diamantaires and an important De
    Beers sight holder, employing over 25,000 cutters and polishers,
    directly or under contract. Given its reliance on outside producers
    such as Argyle and De Beers, the BVJK Group is committed to the
    development of diamond exploration, mining and manufacturing in
    India.
    BVJK Group has considerable other interests in manufacturing,
    building, construction, media, and advertising.
    DIAMOND ORIENTATION SAMPLING
    In the Quarterly Report for the period ended 31 March 2000, Oropa
    announced that the first batch of samples had been received in Perth
    for detailed visual and analytical studies, including indicator
    mineral picking and subsequent electron micro-probing analysis and
    mineral chemistry interpretation, where appropriate.
    Some 2000 kgs of stream sediment samples of about 35 kg each, and 100
    kgs of weathered material from the Behradih and Kodomali pipes (two
    of the four known kimberlites within Block D-7) were processed
    through two Perth based laboratories. A further 350 kgs of stream
    sediment samples, have been analysed through a laboratory in
    Johannesburg, South Africa.
    First pass orientation and stream sediment samples were collected
    from trap sites within an area of approximately 150 sq km around the
    four known kimberlite diatremes in the Raipur kimberlite field
    (Behradih, Kodomali, Jangra and Payalikhand), which is located in the
    southern portion of Block D-7.
    MACRO AND MICRO-DIAMOND RECOVERIES
    One (1) macro diamonds and eighty five (85) micro diamonds were
    recovered from the 60 kg Behradih sample, while six (6) macro
    diamonds and one (1) micro diamond were recovered from the smaller
    (45 kg) Kodomali sample. Although small sample sizes are often
    unreliable for diamond quantification purposes, these results are
    considered most encouraging. These data, along with the previous
    history of artisinal mining activity on and adjacent to the known
    kimberlites justify the Company's decision to purchase a 15 tonne per
    hour DMS plant to bulk sample the pipes in the next field season.
    HEAVY MINERAL INDICATORS
    Results from the stream sediment samples, are considered significant.
    Abundant mantle derived pyropic garnets typical of high interest
    kimberlites, along with chrome spinels, have been recovered from a
    high proportion of these samples, with accessory chrome diopside
    grains being observed in some. Many samples containing large
    quantities of high interest indicator minerals were collected from
    trap sites located several kilometres distant from the known
    kimberlite diatremes. It is considered that these samples are
    unlikely to be influenced by these known kimberlite occurrences,
    indicating that other kimberlite sources may exist within the area
    sampled.
    One macro diamond was recovered from a stream sediment sample site
    located some 5 km south east of the Payalikhand pipe, which has not
    been sampled to date. This sample also yielded several hundred pyrope
    garnets and a similar number of chrome spinels. Another stream
    sediment sample collected from a trap site approximately 3 km north
    of the same pipe yielded in excess of 10,000 pyrope garnets and
    almost 2,000 chrome spinels.
    MINERALOGY AND MINERAL CHEMISTRY RESULTS
    The orientation heavy mineral assemblages analysed by micro-probe
    methods include high interest G9 and G10 pyrope garnets, and chrome
    spinels with individual grains characterized by greater than 60%
    chromium. Indicator minerals with these characteristics are
    indicative of derivation from within the diamond stability field.
    The heavy mineral assemblages identified thus far and the absence or
    paucity of ilmenite, are also broadly typical of micaceous Group-2
    kimberlites (eg Finsch mine) and Group-1 ilmenite-poor kimberlites
    (eg Venetia mine).
    The high interest mineral chemistry data, and occurrence of macro and
    micro diamonds, from Block D-7 show interesting similarities to early
    mineral chemistry results derived from the Slave Craton of the North
    West Territories of Canada in the early 1990's.
    FOLLOW-UP OF UN-EXPLAINED ANOMALIES
    Well in excess of 90% of the samples analysed contained significant
    numbers of kimberlite indicator minerals. Many of these grains are
    angular, suggesting that the primary kimberlite sources are situated
    nearby. Local follow-up sampling programs was completed in the light
    of the initial results. These follow-up samples have also been
    exported to Australia and South Africa for processing and analysis.
    These results are considered highly encouraging. Oropa's orientation
    sampling program was also aimed at recovering indicator minerals not
    necessarily associated with the known kimberlites and to designate
    possible other kimberlite intrusions and thus increase the likely
    number of kimberlites to be bulk sampled. Mineral chemistry plots of
    each suite of indicators recovered from samples collected some
    distance from the known kimberlites are being compiled to compare
    them against the mineral chemistry plots obtained from the known
    pipes. Analyses from the follow up samples and in-fill samples will
    be evaluated and compared to the initial results to trace the sourcesof those
    indicator traits.
    FUTURE WORK
    In the light of the encouraging results from the reconnaissance work
    completed to date in Block D-7, Oropa and BVJK intend to proceed as
    follows immediately after the current Indian monsoon period:
    * Completion of required permitting processes and establishment of
    full range of infrastructure requirements to ensure a full scale
    sampling and evaluation programme in Block D-7 during the latter part
    of 2000 and early 2001.
    * Further heavy mineral analysis, including nickel-analyses of the
    heavy minerals recovered in the orientation work.
    * Sampling and appraisal of known kimberlites and adjacent anomalies
    identified in the orientation and initial follow-up programme to map
    out a plan of action for the delineation and evaluation of these
    intrusives, including bulk sampling.
    * Regional exploration programme of heavy mineral sampling of Block
    D-7 aimed at demarcating additional high interest prospecting areas
    before reducing the area held under the prospecting authority.
    * Regional airborne geophysical survey over the entire area of Block
    D-7, with detailed follow-up surveys over selected areas to
    supplement the regional exploration. Oropa and its Indian joint
    venture partner also have authority to secure other gold and base
    metal deposits that may be delineated by diamond prospecting or
    geophysical studies in the high interest granite greenstone terranes
    of the block.
    P C Christie
    MANAGING DIRECTOR



 
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