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    Stellar Diamonds Recovers Large Diamonds From Droujba Kimberlite Project

    Investing News Network
    Feb. 23, 2012 04:33PM PST
    Diamond Investing

    Stellar Diamonds plc (LSE:STEL) reported bulk sample results from its Dourjba kimberlite project in Guinea.

    Stellar Diamonds plc (LSE:STEL) reported bulk sample results from its Dourjba kimberlite project in Guinea.

    As quoted in the press release:

    Highlights:

    • 268.45 carats recovered to date, including stones of 13.8ct, 6.06ct, 3.75ct and 2.9ct
    • 448t dry tonnes of kimberlite processed to date from two separate samples areas
    • Initial diamond grade of 60 carats per hundred tonnes

    Stellar’s Chief Executive, Keith Smithsom said:

    The first two bulk sample results are very encouraging, with an initial grade of 60cpht being realised from initial processing, which is consistent with the expectation of high grade. Additionally, the recovery of a number of large stones, including a 13.8 carat and a 6.06 carat stone, from a relatively small parcel of 268 carats of diamonds, suggests a coarse size distribution to the diamond population. Sample processing is progressing well and we expect to have the full results available during March.

    Click here to read the Stellar Diamonds plc (LSE:STEL)  press release.

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