Drilling Report
SouthernEra continues to return positive indicator results and macro
diamonds from kimberlite program in the DRC
- PROGRAM ON SCHEDULE AND GENERATES NEW PROSPECTIVE AREAS
- ADDITIONAL AIRBORNE SURVEYS TO COMMENCE IN JULY
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TSX: SDM
AIM: SRE
TORONTO and LONDON, April 19 /CNW/ - SouthernEra Diamonds Inc. (TSX: SDM;
AIM: SRE) today provided an update of the Company's extensive kimberlite
diamond programs in the Democratic Republic of Congo ("DRC"). The program is
focused on testing airborne targets and conducting systematic detailed stream
and soil sampling surveys to upgrade targets in preparation for drill testing
during 2006. In addition, the regional reconnaissance sampling program is
highlighting new diamond prospective areas. Positive results are being
returned from these programs with high-interest kimberlitic indicator minerals
("KIMs"), some with diamonds, recovered from numerous samples.
Within the previously announced SouthernEra and BHP Billiton Joint
Venture primary diamond exploration program covering over 13,000 km2 of
diamond prospective land, exploration teams have completed detailed
reconnaissance stream sampling on the 4th block of permits (out of a total of
11 blocks). Three of the blocks treated to date have returned high interest
KIMs (garnet and ilmenite) and two of the blocks have thus far returned
diamonds in the samples. In one block in particular, stream samples taken from
small drainage basins contain large KIMs (greater than 2mm) with fresh surface
textures, as well as 6 macro-diamonds (up to 4.5mm in diameter). These results
are indicative of proximal kimberlitic sources. A 100 litre sample from the
same block also returned 3 macro-diamonds in the 2mm size range. Since the
project's inception, over 1,000 stream samples have been collected and
reconnaissance sampling is expected to be completed in all blocks by the end
of the year.
High interest airborne magnetic targets generated from a 43,000 line
kilometer survey continue to be evaluated with soil sampling, as well as
ground geophysical surveys. One particular target has returned kimberlitic
garnet and ilmenite, as well as a diamond from surface soils. This target is
also proximal to extensive artisanal alluvial diamond workings. Existing and
future geophysical and KIMs targets will be prioritized and drill-tested
during the course of the year. Drilling equipment is en route to the DRC.
Commenting on the above, Howard Bird, Senior Vice-President Exploration,
said: "We have developed an experienced exploration crew in the DRC and I am
delighted with their progress to date. The positive early stage results are
extremely encouraging and bode well for discovering the primary sources to the
alluvial diamonds that occur within the numerous project areas".
SouthernEra has finalized a contract with an airborne geophysics company
to survey the remaining blocks of permits recording both magnetic and
radiometric data. The program is scheduled to commence in July 2006.
Approximately 40,000 line km will be flown with survey line spacing ranging
from 100m to 200m designed to recognize medium to large scale kimberlite
intrusives, as well as to aid in the geological interpretation of areas never
previously mapped.
The DRC is producing up to 20 million carats of diamonds per year. The
majority of SouthernEra's permits lie within a 'kimberlite emplacement
corridor' that extends from the renowned diamond-producing Lunda Norte
Province in neighboring Angola, northeast into the DRC. The section of this
corridor in the DRC has yet to be fully explored with only 11 kimberlites
identified to date as opposed to over 700 in the Angolan section. This
corridor is regarded as the world's most prospective and largest new diamond
exploration opportunity.
Mr. Uwe Naeher, Professional Geologist, is the qualified person, under NI
43-101, responsible for the technical information in this release. All stream
and soil samples collected for the recovery of kimberlitic indicator minerals
and diamonds are processed at SouthernEra's in-house diamond laboratory
located in Kinshasa, DRC and in Polokwane, South Africa.
SouthernEra Diamonds is one of Canada's fully integrated diamond
companies with extensive kimberlite diamond exploration and alluvial programs
in the DRC as well as other countries including Canada, Gabon, Zimbabwe and
South Africa. The Company also holds the majority interest in 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: 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) 20-7907-4761, Fax: +44 (0) 20-7907-4769, Email:
corbett(at)4c-burvale.co.uk
(SDM. SRE)