Karelian launches search for source of green diamond
Source - SMW
Karelian Diamond Resources has started an extensive work programme to find the source of the green diamond discovered by the company in the Kuhmo area of Finland, announced on 31 Jan.
It said the work programme followed on from the high kimberlite indicator minerals counts reported on 25 Sep, which considerably narrowed down the search area.
It said the objective of the programme was to locate the kimberlite body from which the green diamond originated.
It added: 'As a kimberlite body erodes over millions of years KIMs spread out to form a fan shaped train which may extend for many kilometres. The work programme is designed to identify the kimberlite train and follow it back to source.
'This includes a systematic excavator pit programme for till sampling and bedrock identification together with analysis of airborne geophysics and a ground geophysical survey as well as analyses by Scanning Electron Microscopy of previously taken samples showing high indicator counts for precise classification.'
At 9:47am: (LON:KDR) Karelian Diamond Resources PLC share price was 0p at 0.45p