Pele: Highland Overview
  
DIAMOND OVERVIEW
The Highland Project is located northeast of Wawa in northern Ontario, along the Goudreau-Lochalsh Deformation Zone (“GLDZ”), host to several past producing gold mines. Highland is 100-percent owned by Pele Gold Corporation, a wholly-owned subsidiary of the Company.
In 2006, Pele Gold discovered a mica kimberlite dike (the Talisker Diamond Occurrence) at Highland that has been drill-tested along a strike length of more than 1,100 metres, to a depth of over 100 metres, across widths of between 4 to 10 metres, and is open in all directions.
A sample weighing 1,311 kilograms of HQ-size drill core was extracted from Talisker and processed by Saskatchewan Research Council (SRC) laboratory by caustic digestion to recover diamonds greater than 425-micron square mesh sieve size. The recovered diamonds were of a high quality and desirable size distribution. A total of 34 diamonds were recovered from the sample, weighing a combined total of 0.15 carats, and described as primarily colorless or white octahedrons as indicated in the table below.
|
Sieve Size Fraction in
Microns
|
X
(mm)
|
Y
(mm)
|
Z
(mm)
|
Weight
of Diamond (mg)
|
Color
|
Shape
|
|
+1180
|
1.92
|
1.46
|
0.80
|
3.936
|
Colorless
|
Octahedron
|
|
+850
|
1.82
|
1.12
|
0.66
|
2.779
|
Colorless
|
Fragment
|
|
+850
|
1.60
|
1.20
|
0.92
|
2.570
|
Colorless
|
Fragment
|
|
+850
|
1.50
|
1.06
|
0.92
|
2.703
|
Colorless
|
Octahedroid
|
|
+850
|
1.24
|
0.90
|
0.72
|
1.250
|
Colorless
|
Fragment
|
|
+850
|
1.22
|
1.18
|
0.72
|
1.268
|
White
|
Fragment
|
|
+850
|
1.10
|
1.06
|
0.94
|
1.441
|
White
|
Octahedron
|
|
+850
|
1.10
|
1.00
|
0.90
|
1.741
|
Colorless
|
Octahedron
|
|
+600
|
1.28
|
0.72
|
0.60
|
1.374
|
White
|
Octahedron
|
|
+600
|
1.20
|
0.68
|
0.50
|
0.578
|
Colorless
|
Fragment
|
|
+600
|
1.10
|
0.64
|
0.42
|
0.430
|
Colorless
|
Fragment
|
|
+600
|
1.08
|
0.98
|
0.72
|
1.051
|
Yellow
|
Dodecahedron
|
|
+600
|
1.00
|
0.84
|
0.76
|
0.723
|
Yellow
|
Aggregate
|
|
+600
|
0.84
|
0.72
|
0.52
|
0.481
|
Colorless
|
Octahdredroid
|
|
+600
|
0.82
|
0.68
|
0.68
|
0.640
|
White
|
Dodecahedron
|
|
+600
|
0.80
|
0.76
|
0.62
|
0.515
|
Colorless
|
Octahedron
|
|
+600
|
0.78
|
0.68
|
0.64
|
0.543
|
Grey
|
Octahedron
|
|
+425
|
1.14
|
0.62
|
0.40
|
0.440
|
Colorless
|
Fragment
|
|
+425
|
1.02
|
0.56
|
0.48
|
0.392
|
Colorless
|
Fragment
|
|
+425
|
0.98
|
0.58
|
0.30
|
0.172
|
White
|
Fragment
|
|
+425
|
0.98
|
0.48
|
0.28
|
0.329
|
Colorless
|
Fragment
|
|
+425
|
0.96
|
0.52
|
0.50
|
0.333
|
Colorless
|
Fragment
|
|
+425
|
0.92
|
0.48
|
0.40
|
0.480
|
Colorless
|
Octahedron
|
|
+425
|
0.80
|
0.50
|
0.40
|
0.354
|
White
|
Octahedroid
|
|
+425
|
0.78
|
0.58
|
0.32
|
0.229
|
Colorless
|
Fragment
|
|
+425
|
0.76
|
0.52
|
0.26
|
0.395
|
Colorless
|
Octahedron
|
|
+425
|
0.74
|
0.60
|
0.40
|
0.220
|
White
|
Fragment
|
|
+425
|
0.70
|
0.60
|
0.40
|
0.483
|
Colorless
|
Octahedroid
|
|
+425
|
0.68
|
0.60
|
0.46
|
0.345
|
Colorless
|
Octahedron
|
|
+425
|
0.66
|
0.64
|
0.54
|
0.274
|
Colorless
|
Octahedron
|
|
+425
|
0.66
|
0.52
|
0.46
|
0.248
|
White
|
Octahedron
|
|
+425
|
0.66
|
0.50
|
0.44
|
0.224
|
Colorless
|
Octahedron
|
|
+425
|
0.64
|
0.56
|
0.52
|
0.282
|
Colorless
|
Octahedron
|
|
+425
|
0.60
|
0.56
|
0.52
|
0.285
|
White
|
Octahedron
|
Pele is now reviewing its opportunities for advancing a comprehensive exploration strategy on all of its Wawa area diamond properties. Management firmly believes that the area has outstanding potential to host economic diamond deposits and as the area’s largest holder of mining claims and mineral rights interests, Pele is well-positioned to lead the quest for their discovery and development.
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