RE: Marsfontein was only 0.4 Ha but had a payback of 3.5 days20 Apr 2021 16:08
I do not believe we are looking at a large kimberlite of over 1 HA to make it economical to mine. Marsfontein was only 0.4 HA very moderate in size. I also think the in ground value posted in JC answer references the finding of the small diamonds in the drill sample. Which were a surprise to find in such a small sample. True value of in ground diamonds can only be extrapolated when a larger sample is studied. However, I feel we could be sitting on a significant find and only time will tell how large it is.
This is a dramatic piece of news. Something has made the plans change. What only time will tell. We need to remember the location of the pipe found to the Marsfontain 1 pipe. This was massive and produced an abundance of diamonds from day one . Looks like we could be sitting on M2 maybe the big brother of M1. Remember they pulled up the impossible find with diamond shows from a small diameter test drill. I feel excited for the next couple of months and what it could bring.
I also have no target apart from it being far North of the present one. I have a feeling that James has another big one in him. I am happy with the portfolio we have but the alluvial deposits intrigue me a lot.