Looks like a good result from the first samples
-------------------------------------------------
ASX Release today;
Commissioning of the bulk testing plant at the Company's Abaete diamond project in
Brazil has confirmed that the target gravels are diamondiferous.
A total of 25 diamonds for a combined carat weight of 7.5 carats were recovered from
the test pit used for the commissioning and the largest stone recovered was a gem
quality 3.31 carat diamond. This diamond appears to be a fragment of a larger stone.
Several gem quality diamonds around 0.5 carats in size have also been recovered
during commissioning. The average stone size from the commissioning pit is
approximately 0.3 carats.
The plant processed 292 cubic metres of in-situ gravel from the test pit used for the
commissioning. The bulk testing program is expected to process between 10,000 and
1 5,000 cubic metres selected from approximately 30 pits.
AKD has an agreement with Canadian listed Black Swan Resources to develop the
Abaete alluvial diamond project in Brazil. AKD has agreed to fund all exploration and
mine development costs on the project and upon the commencement of mining wilt earn
a 60% interest in the project.
Yours faithfully,
Z.A. Sas
Managing Director
- Forums
- ASX - General
- AKD
- discovers diamonds
AKD
akd limited
discovers diamonds, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)