Annual report for ML 25205 SunJade Project 2008 to 2009

Abstract

Crystal Universe have spent several years prospecting this area and doing research into the best processing methods for the prehnite. During the period 2008 to 2009 we spent time identifying and listing differences in material from various areas of the ML. In some areas the target gemstone, prehnite, has been totally weathered from the basalt allowing identification of high quality gem material. The main area for the 'clean' material is adjacent to the West of the track through the deposit in the North section of the ML. The prehnite from Target Area 1 ranges from 2.5 cm to 10 cm in size. The prehnite from Target Area 2 on the East side of the road differs in that it is enclosed in nodules of basalt. From experience, much of this material produces facet grade gems. Further to the East of the road there is a major outcrop, Target Area 3, but the material is poorer quality and would only be suitable for ornamental gems for inexpensive fashion jewellery and carvings. Further to the South West there is an outcrop of quartz geodes, some of which contain amethyst. The surface indications do not show anything commercially viable. We have been seeking investors to participate in a joint venture to establish a mine and also to set up a processing factory in China. In late 2008, Gerry and Linna Pauley took some businessmen from China to see the area. Samples were collected but nothing came of it. In 2009, Linna met with another group who have expressed interest in entering into a joint venture to process gems from the area. The discussions were ongoing and a trip was made to China to meet with the interested parties.