Namco recovers diamonds in Luderitz

Following an encouraging bulk-sampling project at Hottentots Bay, off the coast of Namibia, Namco (VSE) continues to experience good fortune. At Luderitz, 215 diamonds were recovered recently from a single sample site.

In one area, five of the samples recorded stone counts of 15 diamonds or more.

The next phase will involve taking three bulk samples at 10-metre intervals, while further samples will be taken on a 25-metre grid basis. Further infill sampling will follow.

The average size of the recovered stones is 0.25 carat, and 95% of them are of gem quality.

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