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Paragon Mines First Diamonds From Lesotho

Investing News Network
Dec. 13, 2011 04:48PM PST
Gem Investing

Mining Weekly reported Paragon Diamonds (LSE:PRG) provided results from a field exploration program the Motete dyke in Lesotho.

Mining Weekly reported Paragon Diamonds (LSE:PRG) provided results from a field exploration program the Motete dyke in Lesotho.

As quoted in the market news:

Earlier this month, its 85%-owned subsidiary Botle Mining acquired the kimberlitic prospecting for the Motete dyke, a substantial kimberlite fissure system near the Lemphane kimberlite project.

Paragon MD Stephen Grimmer said the presence of a macro diamond in a 2 kg hand sample and the other geochemical results highlighted the potential of this dyke.

Click here to read the full Mining Weekly report.

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