That should be a another 1 to 2 million dollar diamond.
Now we know why there has been no diamond recovery update news until now as they would have been preparing block 46 for trial mining.
20km of assorted areas containing million dollar diamonds is huge news.
IM looking forward to upriver south of block 46 being tested as I have long believed that the large diamonds will continue to be found along the entire lease.
The funny thing is that 6 years ago when I first started buying this stock many of the best targets were south to south east of block 46 and regardless of the current high priority targets I still think there will be many more valuable alluvial blocks and kimberlite targets discovered over the coming months to years.
I wonder if the recovery rate at block 46 will unfold in the same way block 6 has?,more large diamond recovery news soon maybe.
LOM Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
