Diamcor Unearths 5.36 Carat Gem Quality Green Diamond

Mining and Exploration
31/05/2017 12:40

Canadian junior miner Diamcor Mining Inc. yesterday announced the recovery a 5.36 carat green gem quality octahedron rough diamond from the newly expanded facilities at the company’s Krone-Endora at Venetia Project in South Africa. The company stated: "The significance of this rough green diamond is currently uncertain, however, given the rarity and potential high value of green diamonds [particularly considering its size, quality, and shape] an analysis of this diamond will be performed over the coming weeks to aid the company in determining the best course of action to take." The 5.36 carat green rough diamond has been shipped to Antwerp along with other rough diamonds recovered from the ongoing efforts and processing underway at the Project.

They add that, "While an initial analysis may provide some insight into this 5.36 carat green rough diamond, it is probable that the cutting and polishing of this rough diamond, at the Company’s discretion will be required to determine if the rough diamond retains its green colour throughout or if the green colouration is limited to the outer surfaces only." In February 2011, Diamcor acquired the Krone-Endora at Venetia Project from De Beers Consolidated Mines Limited, consisting of the prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares directly adjacent to De Beers’ flagship Venetia Diamond Mine in South Africa.

Image not Diamcor diamond. From www.johnbetts-fineminerals.com