BON bonaparte diamond mines nl

get on board before its too late!!!!

  1. 328 Posts.
    She's not far from running again!!!.....They have found diamonds there once before and they'll find diamonds there once again.....read below:

    Bonaparte chases Ord diamonds

    By. JOHN PHACEAS, The West Australian

    In 1993 the late Brian Conway's Cambridge Gulf Exploration made headlines with reports of a rich diamond discovery on the seabed off Wyndham.

    But nearly 13 years later Ted Ellyard-chaired explorer Bonaparte Diamonds starts its final preparations to once more test the waters at the mouth of the Ord River.

    Pushing off from the Australian Marine Complex at Henderson today, the specially fitted-out MV Pacific Challenger begins sea trials before heading to Bonaparte's marine leases in the Lacrosse Scour Basin, north of Wyndham.

    Bonaparte, which raised $6.2 million ahead of its float last October, has spent $1.4 million equipping the chartered vessel with state-of-the-art marine sampling equipment that will enable it to bite 4.4 cubic metre chunks out of the seabed every 50 metres and screen 600 cubic metres of material every hour.

    On a tour of the vessel last week, Bonaparte chief executive Mike Woodborne said the sea trials should be completed this week and the 30 to 60-day sampling campaign would begin the week after.

    It would also represent the first time that the technology used by his former employer, big South African marine diamond miner Namco, would be put to use in WA waters.

    Bonaparte's target will be the very same leases mistakenly sampled by Cambridge Gulf which yielded six carats of diamonds and sent the 25¢ stock racing to more than $4.

    But Cambridge could never replicate the find, and in 1995 it became clear that the samples had been taken from neighbouring leases then held by Mr Ellyard's Zephyr Minerals and AKD.

    Mr Woodborne said Bonaparte's sampling gear and GPS positioning systems would enable it to hit each target exactly where it wanted, enabling it punch through the overlying cover at its thinnest point.

    Bonaparte believes the more rudimentary equipment used by past explorers prevented them from testing the theory that massive erosion in the Kimberley pipes has stripped and dumped millions of carats from onshore diamond deposits, such as Argyle, in the coastal waters downstream.
 
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