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Karelian's find

By BFN News | 07:39 AM | Friday 20 March, 2015


Karelian Diamond Resources has discovered a potential new diamond source in the Kuhmo region of Finland. Karelian ssays the potential new source occurs in a new Kimberlite body discovered during follow-up pitting in an area where infill samples containing high concentrations of kimberlitic indicator minerals have been found. Subsequent scanning electron microscopy analysis of samples taken from these kimberlitic indicator minerals suggest that they were derived from the diamond stability field of the Earth's mantle. Importantly, the results confirmed the presence of Group I eclogite garnets, which can be associated with high diamond grades. The material recovered from the pit was confirmed as being kimberlitic by Dr. Hugh O'Brien of the Geological Survey of Finland ("GTK"), an acknowledged expert in the field. The newly discovered kimberlite body, which is the first kimberlite body to be discovered in Finland for approximately 10 years, is located to the southeast of Seitapera where the Company has outlined the largest diamondiferous kimberlite discovered to date in Finland. The new kimberlite body will now be assessed for extent and tested for diamond content. Story provided by StockMarketWire.com

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