Afri-Can Marine Minerals Reports 868,000 Carats Historical Diamond Resource on Diamond Fields Mining Lease ML 111
Afri-Can Marine Minerals Corporation (TSXV:AFA) released a historical estimate report stating that the Historical Estimate remaining on Diamond Fields International Ltd Mining Lease 111 is of 868,000 carats of diamonds.
As quoted in the press release:
The Historical Estimate report summary is as follows:
• The analysis has estimated the remaining Historical Estimate from the two following reports:
• A resource estimate and a feasibility study prepared by MRDI and AGRA-Simons in 2000;
• A resource estimate prepared by SRK Consulting on a small area of ML 111 called Diaz Prospect 1, in 2006;
• ML 111 has 3 geological features that host Historical Estimates;
• Marshall Fork is the main deposit that has seen intermittent production between 2001 and 2007, and the Historical Estimate remaining in Marshall Fork stands at about 148,000 carats;
• Diaz Reef has seen some small scale production and the Historical Estimate remaining there stands at about 479,000 carats;
• North Bay is composed of 3 deposits, has never been in production, and the Historical Estimate remaining stands at about 241,000 carats.
Click here to read the Afri-Can Marine Minerals Corporation (TSXV:AFA) press release
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