Diamcor achieves US$308.06 a carat
Tender rough bags more 76% over the previous! Diamcor Mining announces the results of a second tender and sale of rough diamonds for the Company’s fourth fiscal quarter ending March 31, 2019. The Company sold 1,220.23 carats of rough diamonds recovered from ongoing processing exercises performed at the Company’s Krone-Endora at Venetia Project, for gross proceeds of USD $375,907.72, resulting in an average sale price of USD $308.06 per carat. This represented a price increase of 76% as compared to the Company’s average price per carat of $176.16 realized on all rough diamonds tendered and sold to date. The tender included the sale of the previously announced 44 carat gem quality rough diamond. The Company also announced the addition of Precision Capital Development Services (PCDS) to act on a consulting basis to support the existing operational team. PCDS has extensive experience in the operational management of mining projects, and their services are aimed a