diamonds are a girls best friend

By the end of june,a vessel will be anchored off west australia's far northcoast to relaunch a new diamonds quest,but without the fanfare that preceded a disastrous campaign 15 years ago.
The listing of Bonaparte diamond this year rekindled stories of the disastrous exploits of Cambridge Gulf EX ,who raised millions but had difficlties operating at sea with vessels clearly not suited to diamond recovery in fast tidal waters.
Cambridge eventually proved there were diamonds in Joseph Bonaparte Gulf but the only problem was CGE picked them up on a neighbouring licence held by Zeptyr minerals,this wasn't disclosed by other parties until after CGE shares soared as a result.
So much money was burned by CGE in their offshore diamond search that Cembridge Gulf opening out into the gulf has been left untouched until now.
South african marine geoloist Mike Woodborne who manages Bonaparte Diamond migrated to Australia a few years ago and met Ted Ellyard & Andrew Drummond at a diamond conference Ellyard & Drummond had been directors of Zeptyr Min and were still convinced of the scope for australia to produce marine diamonds,given that many of the kimberlite and lamproite pipes in that region had clearly eroded over the eons.Woodbourne cut his working teeth on the Namaqualand coast of sth africa and skeleton coastto the nth where proven repositories for top quality coastal and marine diamonds are still being minedhowever he is also aware thar australian investors are still wary about the scope for commercial diamonds off the kimberleys Bonaparte diamond has had a seabed sampler and treatment module built in cape town complete with the latest ultrasort machine to identify fluotescing diamonds (virtually all marine diamonds fluoresce)this includes a spare seabed sampler which is critical for a remote operation we are stiking to trial and proven technology Woodbourne said trial mining will begin on Lacrosse scour beteen the main land and Lacrosse islandat water dephs of about 40 metres at targets including where CGE picked up its illegal gems within the scour ,the initial exploration target covers about 20 sq kilometres shoud this prove positive it alone could occupy one seabed sampler for more then a decade ,deep-water mining by De Beers covers about 0.5 sq km per year.The total scour covers more than twice that area and bonaparte has a large package of prospects extending from within Cambrdge Gulf and Joseph Bonaparte Gulf.The Shares are tightly held with low numbers of shares on issue Ted Ellyard left Hardman and is now running Bonaparte Diamonds which is this baby now