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Years and years after finding some green dust size diamond on the side of the road we will now do a survey. Why wasn’t this done years ago.
Has the millions in wages owed to the board been payed back with latest fund raise at 4p ??
Your all the same people buying shares in a company that are pretending that the findings are now. The actual lake was drained and drilled and the outcome was that European diamonds went bump as it wasn’t viable. Kdr have done zero they selling a story from the past. Please stop ramping and tell me what have Kdr done at lahtojoki that wasn’t European diamonds old works rehashed
Old news KDR are using European Diamonds past work as if their own. Research this “European Diamonds has announced that evaluation work on the promising Lahtojoki pipe in Kaavi has begun. In 2004, the company took a 1.8 tonne bulk sample from this prospect” then get your head out the sand and explain to me why European Diamonds couldn’t get further funding
So Vampire Hoops asked me to do research. Here goes Neatly 20 years ago Conroy Diamonds and gold was split into 2 companies CGNR and KDR with the board getting 2 lots of wages instead of 1. 20 years on millions of wages no gold mine, no diamond mine. Research over!!! Why now bring up pink diamonds in lahtojoki and not in 2004 !!! MUGS
For the 1 man ramping show with multipul ID here’s a fact.
KDR have never found a diamond a lahtojoki
All the bull about road access was granted decades ago to European diamonds every diamond found in KDR presentations was found by European diamonds. The quality and quantity in their bulk sampling was so poor that no one was interested in further funding the company.
From 2006 European Diamonds Report !!
This KDR outfit have done zero work on Lahtojoki all I see is reprinted results from 15 years ago from a company who couldn’t attract funding to continue.
Finland
The Company is currently focussing on its exploration and evaluation assets in
central Finland at Lahtojoki and Area 3. The Finnish part of the Karelian
Craton, one of the largest and least explored diamond-prospective Archaean
cratons in the world, remains the Company's most important exploration area. The
Company has been exploring the craton for 8 years and has discovered many
kimberlites in the region, including at least 6 discrete areas from which either
new kimberlites have been found or where kimberlite indicator mineral trains
have been recovered.
In the south of the craton, a bulk sample of approximately 2,500 tonnes has been
collected from the diamondiferous Lahtojoki kimberlite pipe. The first 500
tonnes of this sample has been processed at the Geological Survey of Finland's
Outokumpu diamond facility with results of this part of the bulk sample having
recently been announced. The presence of commercial sized diamonds up to 0.45
carats have been confirmed with a grade substantially higher than that achieved
by previous explorers.
The Company plans to process the remaining 2,000 tonnes during the second half
of 2006. Preparation of a concentrate of approximately 20 tonnes will also take
place at Outokumpu, with final observation to be carried out at the Geological
Surveys offices in Helsinki.
Area 3 is the most important of the Company's regional exploration targets to
have been identified so far in Finland. The clusters of indicator trains (and
now kimberlites) that these discoveries represent are known to extend for over
150 kilometres from Area 3, overlapping recent kimberlite discoveries in the
Kuusamo area.
A small bulk sample of approximately 9 tonnes has been collected from the Area 3
kimberlite and has been processed at Outokumpu. The sample was observed at the
Geological Survey in Helsinki, with results recently announced. Macro diamonds
up to 0.09 carats have been recovered from this small sample.
Further work to discover the source of other indicator trains in the vicinity of
the Area 3 kimberlite and to determine the size of the new body will be
required. This work will be supplemented by an additional 300 metres of core
drilling and the collection and processing of 100 till samples.
In addition, the Company has discovered several hitherto unrecognised kimberlite
indicator trains in the vicinity of Lahtojoki and will assess these over the
next year.
the diamond exploration company focused on Finland, has raised £420,000 before expenses via a share placing to provide funds to explore the acreage surrounding its Lahtojoki diamond deposit.
The group said the successful placing was for 10,500,000 ordinary shares of €0.00025 each at a price of 4p per ordinary share, a discount of 23.8% to the closing mid-market price on Monday, August 17, 2020. In early morning trade on Tuesday, Karelian shares were changing hands at 4.15p.
Per RNS, they are going to look for boulders at Lahtojoki. Wow !!! It will pay them there £350k in wages and allow £50k to hire a digger and a few blokes to dig up some boulders
Why would you further explore the area when funds could be used to mini bulk sample existing pipe to understand the resource size .
Or would the mini bulk sample finally stop the gravy train
How many millions in wages are now owed to board members that defer wages.