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    Diamcor Announce Initial Rough Diamond Discovery

    Investing News Network
    Mar. 05, 2012 02:12PM PST
    Diamond Investing

    Diamcor Mining Inc.(TSXV:DMI) announced its initial recovery of rough diamonds at its Venetia project.

    Diamcor Mining Inc.(TSXV:DMI) announced its initial recovery of rough diamonds at its Venetia project.

    As quoted in the press release:

    As part of the tests, approximately 30%, or 3 tons, of a total 10 tons of unprocessed concentrate which was acquired by the Company as part of the Project’s acquisition from De Beers were processed, resulting in the recovery of 1,877 individual rough diamonds with a total weight of approximately 143.96 carats.

    Diamcor, CEO, Dean Taylor, said:

    The initial recovery of rough diamonds from the Krone-Endora at Venetia project represents yet another key milestone for our Company. With this important step now accomplished, we are focused on completing the remaining installation, testing, and commissioning work underway on the Project’s processing plant and infrastructure as quickly as possible, which will allow us to further advance the Project and move towards our next milestones.

    Click here to read the Diamcor Mining Inc. (TSXV:DMI) press release
    Click here to see the Diamcor Mining Inc. (TSXV:DMI) profile.

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