In Sierra Leone,
As a first step, the Vancouver-based company met with government officials to re-confirm its owership rights to Koidu and several other exploration licences in the West African nation.
DiamondWorks holds a 60% interest in Koidu, whose two pipes host proven and probable reserves estimated at 7.6 million tonnes grading 0.352 carat per tonne (or 2.67 million carats).
Two of the exploration licences are on the Sewa River, in the eastern province. At last report, reserves were estimated to contain 1.7 million carats of alluvial diamonds. Another concession is in southeastern Sierra Leone.
A 6,000-metre drilling program by
Zone 98 earned its name when hole 98, drilled earlier this year, returned assays of 1.06% copper, plus 10.7 grams silver and 0.4 gram gold per tonne. It was collared 600 metres north of the Zinc zone, a massive sulphide lens. Zone 98 is believed to extend to the northwest, as suggested by a strong drill-hole electromagnetic anomaly.
Previous drilling also delineated Zone B at depth and along strike. This zone consists of two massive sulphide lenses (the Zinc zone and the Copper zone), as well as a third zone that has yet to be fully drill-tested.
Subject to obtaining permits,
Some six holes will test an area where float and soil samples collected over a 500-metre strike length returned encouraging values in palladium, platinum and copper. The junior owns 100% of West Rambler, which is a part of a regional platinum-group-mineral exploration program in early Proterozoic rocks on the southern margin of the Wyoming geological province.
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