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clock Created with Sketch. 24/08/21
11:21
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Originally posted by Atomboi:
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More info I have found... From Jindalee's own ASX release in 2016: The Arieskimberlite pipe was discovered in 1986 by Triad Minerals, in joint venture with Freeport,with subsequent exploration undertaken by companies including Thundelarra, BHP BillitonMinerals and United Kimberley Diamonds (“UKD”).In 2005 UKD undertook bulk testing on several kimberlite pipes at the Project, recovering atotal of 22.5 carats of diamonds from 2,169 tonnes of treated material. UKD noted that“although the diamonds are of gem quality and the pipes are significantly diamondiferous,these kimberlites are not considered to be economic at this time (due to low grade (caratsper hundred tonnes) not quality)”. Refer to Appendix 1 for photos of diamonds recovered byUKD from the Project in the 2005 field season¹. So they have had even BHP involved since early 2000s but I am guessing that there was never commercial grade / quantity found...
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Diamonds are forever...for Catriona’s best friend Vincent Boucher at least. He bought a single cut diamond for 180m AUD...back in 2009 LOL. At current Diamond prices, 500m?? One big customer, one big find, maybe this Lewis guy is onto something LOL
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