The Conversation (0)
Five Star Diamonds Limited: Catalao Diamond Project Update
May. 02, 2017 08:35AM PST
Gem InvestingFive Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is very pleased to provide the following update on recent activities in Brazil. As quoted in the press release: Highlights Successful completion of the pilot mining and processing programme at the Catalao Diamond Project. This has highlighted the potential for a commercial operation within …
Five Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is very pleased to provide the following update on recent activities in Brazil.
As quoted in the press release:
Highlights
Successful completion of the pilot mining and processing programme at the Catalao Diamond Project.
This has highlighted the potential for a commercial operation within the oxide zones of the Cat1A, Cat1B and Cat1C kimberlite pipes.
World renowned diamond processing group, ADP Group (www.adpgroup.com), has now been appointed to complete design work and construction of the oxide commercialization project.
The oxide commercial plant is largely now on site and in the final design and pre construction phase. Approximately 80% of capital expenditure has been completed.