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Shear Announces the Recovery of 200.85 Carats of Diamonds

Written by Investing News Network
|
Oct. 06, 2011 01:57PM PST

Shear Diamonds Ltd. (TSXV:SRM) announced the recovery of the first 200 carats of diamonds from the Jericho Diamond Mine.

Shear Diamonds Ltd. (TSXV:SRM) announced the recovery of the first 200 carats of diamonds from the Jericho Diamond Mine.

As quoted in the press release,

The diamond recoveries total 200.85 carats from 22.1 wet tonnes of recovery reject and coarse processed kimberlite. 14 stones greater than 0.5 cts have been recovered and the four largest stones are 1.907, 0.978, 0.974, and 0.775 cts respectively.

Shear’s Chair and CEO, Julie Lassonde said,

The recoveries are an important part of proving Jericho’s real potential, and speaks to the lost grade from past operations. We are excited to see that the diamond recoveries from the recovery rejects tailings pile are in line with audits done by both Tahera and Shear.

Click here for Shear Diamonds Ltd.’s (TSXV:SRM) press release.   

tsxv:srm shear diamonds
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