African Diamonds - The Stock of 2004

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euclid - Fri, 30 Dec 05 :

Interesting technical take on AK6 Rub.
Here is an equally interesting technical matter:-

The AGM statement on 23rd January 2004 contained this:-
"We already reported the discovery of two high quality diamonds from pipe BK10. More will emerge from the detailed analysis. Expectations at this time are to move to trial mining on BK10."

Then from the latest AR:-
"Three 12-inch LDD holes (using the reverse flood method) were drilled over kimberlite BK10 (3.2 ha from gravity and drilling) in order to make a preliminary assessment of the economic potential of the kimberlite. Only one diamond (0.02 cts) was recovered from 92 tons of kimberlite material."


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