AKD akd limited

diamonds in akd tenement

  1. 6,368 Posts.
    (AEAKD) Micro diamonds in AKD tenement
    RWE News
    14:05:020 26/05/2005
    Sydney - Thursday - May 26: (RWE Australian Business News) - AKD
    Ltd (AKD) reports field testing of a gravity diamond target identified
    from a Falcon survey over AKD's tenement E80/2461 has commenced by the
    operators, Striker Resources and Gravity Diamonds.
    The gravity anomaly, KGN-070, has to date produced 4
    microdiamonds from surface samples and is upstream of a previously taken
    reconnaissance bulk stream sample which reported 3 commercial sized
    diamonds, one of which was a 1.73 carat gem.
    Striker, which is managing the field program on behalf of the
    joint venture partners, plans to trench the gravity anomaly, KGN-070,
    which is 260m x 200m in size, and if the results are encouraging, plans
    to drill test the target.
    ENDS
    !END

 
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