Operational Update

RNS Number : 1550R

BlueRock Diamonds PLC

25 June 2015

 

BlueRock Diamonds PLC ("BlueRock" or the "Company")

Operational Update

25th June 2015

BlueRock Diamonds (AIM: BRD) announces that, following the commissioning of its new plant, it has sold the parcel of 116 carats produced during May 2015 and the first week of June 2015 at an average price of USD440 per carat.  This compares to the average price per carat of USD248 for the 575 carats produced by the trial mining plant and the USD183 indicated in the competent person's report produced at the time of our admission to AIM.  Included within the parcel was a 4.7 carat stone which was sold for USD3,885 per carat.

The new plant is not yet at full capacity and we continue to fine tune the processing in order to maximise its efficiency.

The Company will provide a further update in due course.

Enquiries:

BlueRock Diamonds plc

Riaan Visser, CEO

www.bluerockdiamonds.co.uk

[phone]

SP Angel Corporate Finance LLP

Nominated Adviser & Broker

David Facey / Katy Birkin

[phone]

 

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