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Golden Saint Resources Interpreting Survey Data, Diamond Batch Processing

Thu, 06th Feb 2014 12:54

LONDON (Alliance News) - Golden Saint Resources Ltd said Thursday that it had received data from its geophysical survey at its projects in Tongo, Moa and Baja, and that data had undergone initial interpretation.

The diamond and gold exploration company, which has projects located in Sierra Leone, commissioned the survey to identify and prioritise structural gold and kimberlite targets for its ongoing and future exploration programs.

Golden Saint also said that 94 diamonds from the its first shipment of diamonds from Sierra Leone are currently in manufacturing, and it expects them to be complete by the end of February 2014. When this is complete the diamonds will be shipped for grading and inscription, which takes around 3 weeks.

Shares in Gold Saint Resources were trading down 4.4% at 11.00 pence Thursday morning.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews