KWG Resources Inc.
TSX VENTURE : KWG

KWG Resources Inc.

April 19, 2007 14:09 ET

KWG MacFadyen Kimberlite Sampling Progressing Well

MONTREAL, CANADA--(CCNMatthews - April 19, 2007) - KWG Resources Inc. (TSX VENTURE:KWG) reports that its recovery of kimberlite samples from the MacFadyen Pipes continues to meet with success.

As previously reported, more than 546 metres of NQ core-sized kimberlite sample material was first recovered from the Good Friday pipe, from six cores recovered from two collar location set-ups. Then, 525 metres of kimberlite was recovered from the MacFadyen #1 pipe with one collar location set-up, from which an initial hole and two wedge deviation cores were used. The drill was then moved to the apparent south extension of the MacFadyen #2 pipe where a first hole proved very difficult in the recovery of almost 63 metres of kimberlite. However, a second hole there recovered 166 metres of kimberlite.

Then, almost 215 metres of kimberlite was recovered from the main part of the MacFadyen #2 target, where one wedge deviation was used. After that, the drill was moved back to the MacFadyen #2 South collar location and a third hole from that location next recovered approximately 110 metres of kimberlite. A fourth hole into the target, from the same location, recovered approximately 91 metres of kimberlite. A third hole at the MacFadyen #2 target next drilled only minor amounts of kimberlite material before being stopped in sand. The rig has now been moved to recover a fifth sample from the MacFadyen #2 South target to complete the tonnage requirement for that occurrence.

Weather conditions are expected to enable sample recovery to continue for another week or more. The core recovered from this drilling program will be analyzed to determine the geochemistry of the indicator minerals and the characteristics of the diamond population in terms of grade and quality. Those small bulk samples collected previously, 3 or more years ago from the kimberlite occurrences which had been found then, were inadequate to determine with any accuracy, the grade and monetary value of the diamonds that were then recovered. The current program has been carefully designed to provide more reliable sampling results from the three known kimberlite occurrences; MacFadyen #1 and extension south, MacFadyen #2 and extension south and Good Friday.

It appears that the target which has so far been labeled the MacFadyen #2 South extension may, in fact, be the main part of the MacFadyen #2 kimberlite occurrence to its north. The former thus expands the potential of the latter which could be a sill or dyke, to a large degree. Drilling of the larger MacFadyen #2 southern extension was very successful in securing a good core, recovering a representative bulk sample. Such has not been the case so far regarding MacFadyen #2, due to difficult drilling conditions. Repeated efforts will be applied to solve the problem.

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Contact Information

  • KWG Resources Inc.
    FRANK C. SMEENK
    President and CEO
    416-642-3575
    514-866-6193 (FAX)
    or
    KWG Resources Inc.
    MICHEL COTE
    Director
    514-866-6001 - Ext. 266
    514-866-6193 (FAX)
    www.kwgresources.com