Diamcor Mining Inc. Tenders and Sells 4,752.95 Carats from Krone-Endora at Venetia

Diamond Investing

Diamcor Mining Inc. (TSXV:DMI) announced the tender and sale of 4,752.95 carats of rough diamonds for total proceeds of $856,119.02 (US), or $180.12 (US) per carat on average from Krone-Endora at Venetia Project.

Diamcor Mining Inc. (TSXV:DMI) announced the tender and sale of 4,752.95 carats of rough diamonds for total proceeds of $856,119.02 (US), or $180.12 (US) per carat on average from Krone-Endora at Venetia Project.

As quoted in the press release:

The majority of the rough diamonds sold were recovered in conjunction with ongoing testing and commissioning exercises on material in the -1.0mm to -12.0mm size fractions, and the initial processing of material in the +12.0mm to -26.0mm size fractions. There was no significant increase attributable to the higher average dollar per carat achieved due to the inclusion of larger rough diamonds in this tender.

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