(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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