Dominion Diamond Releases Prefeasibility Study for Jay Kimberlite

Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) announced the results of a prefeasibility study on the Jay kimberlite pipe.

As quoted in the press release:

Jay is the most significant undeveloped deposit at the Ekati Diamond Mine due to its large size and high grade. Jay is located beneath Lac du Sauvage, a moderate sized lake north of Lac de Gras, and is approximately 1.2 km from the shoreline. The Jay pipe is approximately 7 km to the northeast of the Misery Pit and related infrastructure, and 30km to the southeast of the main Ekati mine infrastructure.

Brendan Bell, acting CEO of Dominion, stated:

Completing this pre-feasibility study is an important milestone for Jay, a project that we hope will be a significant growth opportunity for the company and a long-term pillar of the Northwest Territories economy.

Click here for the full Dominion Diamond Corp. (TSX:DDC,NYSE:DDC) press release