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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%.
- Background Ammonite Company Links Sitemap
- 162 North Broadway, Raymond, Alberta,
Canada,
T0K 2S0
- 403-800-4080
info@ammonite.com
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