GJ Town India

The official launch of the deposit held on October 31, last year! Alrosa announces the preliminary results of an experiment aimed at clarifying the diamond-bearing capacity of the north western area of the Zapolyarnaya pipe, which is a part of the Verkhne-Munskoye deposit. According to the data obtained, Verkhne-Munskoye can become one of the richest in large diamonds among Alrosa’s deposits. The experiment took place on March 11-15. Through that period, the processing plant N12 in the town of Udachny was supplied with ore exclusively from the north-western part of the Zapolyarnaya pipe. The main goal was to find out the color characteristics of diamonds, the grades and the cost of one carat in this particular part of the pipe. During the experiment, about 100 thousand tons of ore was processed. The diamond grades appeared to be higher than planned. “The experiment showed once again that the Verkhne-Munskoye deposit is rich in large crystals. In 5 days, we extr...

Plans 2K meters to test the exploration targets! Mountain Province Diamonds Inc announces that the winter exploration program at their Kennady North Project has begun. The Kennady North Project encompasses 67,164 hectares of prospective claims and leases that are directly adjacent to the Gahcho Kué Mine and are 100%-held by the Company. The winter program will focus on drill-testing several combined indicator and geophysical targets located west and southwest of the Hearne kimberlite, which is part of the Gahcho Kué Mine. The drilling program plans for 2,000 meters of drilling to test the exploration targets. The resulting product was a glacial till ranking scheme that could be combined with geophysical data to generate target areas for follow-up sampling and drilling. Several of these target areas are the focus of exploration in 2019. The Company has also completed the caustic fusion recovery of microdiamonds from core recovered in drilling programs conducted on Fa...

Thorny River could be the first diamond producing project for Botswana Diamonds According to the Botswana Diamonds the Thorny River project in South Africa is on development spree!  A mining contract has been concluded with Palaeo Minerals Pty Limited & that will enable the Company to self-fund the Thorny River project from bulk sampling through to mine development, assuming positive results.   Modelled diamond grades and value ranges were reported in February 2018 the annual benefits of the contract over the 3 to 6 year mine life of Thorny River could potentially be between US$2 to US$7 million annually. John Teeling, Chairman, commented, “We are confident that Thorny River could be the first diamond producing project for Botswana Diamonds.  A royalty bulk sampling / mining model means that we have no capital expenditure apart from a limited in-fill drilling programme in early-2019. We anticipate the award of the necessary regulatory ...