Diamcor Begins Bulk Sampling into Greater Areas of its Krone-Endora at Venetia Diamond Mine Project

Mining and ExplorationRough Market

Canadian mining company Diamcor announced that it will be proceeding with an extensive drilling and bulk sampling program over the greater portions of its Krone-Endora at Venetia diamond mine project.

These efforts will be aimed at further identifying and locating additional material which is known to have shifted and eroded from the adjacent De Beers' Venetia diamond mine. Diamcor's establishment of infrastructure, two large processing plants, heavy equipment, and the extensive large-scale trial mining exercises completed to date in the initial area of 657 hectares of the Project's total 5,888 hectares, have allowed Diamcor to refine unique approaches to mining using advanced technology and techniques to extract diamonds from the Project in a safe, efficient, and environmentally responsible manner.  The previous establishment of these collective items will allow Diamcor to now advance these additional drilling and bulk sampling efforts in a very cost-effective and efficient manner.

"The considerable effort to date now allows us to proceed with this drilling and bulk sampling on the greater areas of the Project," stated Mr. Dean Taylor, Diamcor's CEO. "The knowledge gained from previous trial-mining and the sale of rough diamonds, along with recent modeling and initial input of some of the industry's most respected geological experts, all point to the potential to identify significant additional material from the known shift and erosion off of Venetia."

Trial mining exercises are expected to continue on portions of the initial area in conjunction with the additional drilling and bulk sampling exercises, with both items serving to further advance the recommended work programs from the Project's initial NI 43-101 exploration study.

Source: Diamcor
Photo Credit: Diamcor