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Karelian till sampling programme completed

By BFN News | 09:53 AM | Thursday 04 September, 2014


Karelian Diamond Resources has announced the completion of an extensive till sampling programme on three of its diamond target regions in Finland - Kuhmo, Kuusamo and Kuopio - Kaavi. The samples have now been dispatched for laboratory analysis. The targets sampled included the Riihivaara target in the Kuhmo region where the company has previously identified positive G9 and G10 diamond indicator minerals and is seeking to define the origin of these indicator minerals. Karelian's diamond exploration programme in this region has at Seitaper�¤ already delineated the largest (6.9 hectare) known diamondiferous kimberlite in Finland. Other sampling in the Kuhmo region included sampling at Havukkasuo which lies to the immediate north of Seitaper�¤. Samples have also been collected in the newly granted diamond exploration claim reservations in the Kuusamo and Kuopio - Kaavi regions. The sampling programme was carried out on behalf of the company by the Finnish Geological Survey (GTK). Chairman Professor Richard Conroy said: "I am delighted that further progress has been made at several sites, especially at the Riihivaara target where we already have positive G9 and G10 indicator minerals present. We have also initiated work on our newly granted diamond exploration claim reservations in the Kuusamo and Kuopio - Kaaviregions." At 9:53am: (LON:KDR) Karelian Diamond Resources PLC share price was +0.1p at 1.35p Story provided by StockMarketWire.com

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