SouthernEra Diamonds Inc. - Bulk sample drilling begins at DO-27
Shares issued and outstanding: 128,343,101
TSX: SDM
AIM: SRE
TORONTO and LONDON, Feb. 9 /CNW/ - SouthernEra Diamonds Inc. (TSX: SDM;
AIM: SRE) has been advised by Peregrine Diamonds Ltd, operating partner of the
WO Project Joint Venture, that bulk sample drilling at the plus nine hectare
DO-27 kimberlite pipe began today. The bulk sample is being extracted via
large diameter (24") RC drilling that is being operated by the Ensign Group,
Encore Coring & Drilling Division, 24 hours per day.
At present there are three drill rigs operating at DO-27, two core rigs
and one large diameter RC rig. A third core rig and a second large diameter RC
rig are being mobilized to arrive on site this month. The bulk sample will be
extracted by mid-April, 2006 and processed at the Test Sample Plant at BHP
Billiton's Ekati(TM) Diamond Mine located 50km N.W. of DO-27.
More information regarding the bulk sampling program will be released as
the program progresses.
The WO project diamond programs are conducted under the direction of
Dr. Jennifer Pell, Vice President Exploration, P. Geo., (BC), P.Geol (NT/NU)
of Peregrine Diamonds, a qualified person under NI 43-101.
SouthernEra holds a 4.9% interest in the WO Diamond Project.
SouthernEra Diamonds is one of Canada's largest fully integrated diamond
companies with extensive diamond exploration in five countries including
Canada, Gabon, the DRC, Zimbabwe and South Africa. This represents one of the
most active global diamond exploration programs after the majors DeBeers, BHPB
and Rio Tinto. The Company also operates the Klipspringer Diamond Mine in
South Africa and maintains an 18 percent free-carried interest in the Camafuca
Diamond Project in Angola.
Some statements contained in this news release are forward-looking and,
therefore, involve uncertainties or risks that could cause actual results to
differ materially. Such forward-looking statements include comments regarding
exploration work. Actual results could differ materially from those
anticipated. The Company disclaims any obligation to update forward-looking
statements.
For further information: PLEASE CONTACT: SouthernEra Diamonds Inc.,
Howard Bird, Senior Vice President Exploration, or Sharon Allan, Investor
Relations, Telephone: (416) 359-9282, Fax: (416) 359-9141, E-mail:
inbox(at)southernera.com, www.southernera.com; London: 4C-Burvale; Carina
Corbett, Director; Telephone: ++44 (0) 207-907-4761; Fax:
++44 (0) 207-907-4769; Email: Corbett(at)4c-burvale.co.uk
(SDM.) (SRE)
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