Bearpaw Ammonite
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Ammonite.com is a rapidly expanding company involved in the manufacture of the highest quality Ammolite gemstones. These stones are prepared from the raw Ammolite material, which is a naturally occurring but very rare mineral deposited on the outer shell surface of fossilized Ammonites, which were a group of cephalopods originating in the Devonian period about 400 million years ago. 

The fossil Ammonites found in Southern Alberta are from distinct sedimentary horizons of Late Cretaceous aged rocks 65-70 million years old, within the Bearpaw Formation. The Bearpaw Formation represents the final transgression of a broad epicontinental sea called the Pakowki Sea, which occupied the interior basin of Western Canada.during the Cretaceous Period. The Bearpaw Formation varies in thickness from 183 to 335 metres (600-1100 feet), with the Ammonite fossil horizons found in the lower 42 metres (135 ft.) of the dark grey lower shale member of the formation. These rocks have suffered little disturbance, with rare faulting and gentle folding, with the dipping angles rarely exceeding 4.5 metres (15 ft.) per section of land (1.6 kms or 1 mile).

Mining activity strips the glacial overburden off (max. 20ft.) down to the fossil beds in the lower Ammolite gem bearing zone known as the "Blue Zone" (6 metres thick) bordering river valleys and coulees in Southern Alberta. The Blue Zone starts a few metres above the Oldman Formation coal seams.

A crude estimate of reserves on prolific land areas may be achieved utilizing information obtained from an article in the Canadian Mining Journal published in April, 1985. In 1983, 11.5 tonnes of promising rock concretions were removed from 5,800 tonnes of quarried shale. These concretions produced 10 kilos of Ammolite gemstone and numerous Ammolite coated Ammonite fossils. Therefore 0.2% of the shale produced Ammolite bearing concretions of which 0.087% or approximately 0.1% is converted into actual finished gemstone. Or every tonne of shale on average should produce 1.725 grams of Ammolite gemstone. 

Therefore if 100 tons of shale were mined per day, an average of about 172.5 grams (862.5 carats) of Ammonite gemstone would be produced, at $15 per carat wholesale, thatís $2,587.50 worth of gemstone per day. 

The company sells both complete Ammonite fossils coated with the mineral Ammolite, as well as fragments which are prepared as polished naturals or as quartz capped cabochons called triplets for mounting in jewelry settings. The highest quality Ammolite ("AA" grade), sells for $400 US per square inch, and the moderate quality Ammolite ("A" grade), sells for $200 US per square inch.

Ammonite.com produces less than a thousand square inches of AA Grade Ammolite gem stones annually. This represents only part of our product line. Another is the sales of complete Ammonite fossils ranging in value from $500 - $50,000 US per fossil, depending upon itís size and the quality of the Ammolite gem coating.  

Future sales increases will come from pacific rim countries. U.S. markets are predicted to account for 60% of the sales revenue, pacific rim countries 30%, and Domestic sales around 10%.

 

 
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162 North Broadway, Raymond, Alberta, Canada, T0K 2S0
403-800-4080  info@ammonite.com