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Riihivaara 26, Riihivaara 24, 24a and 24b in the Kuhmo region of Eastern Finland
Certainly looks a emerging province !!
RIIHIVAARA EXPLORATION PERMITS EXTENDED
Extension granted for Exploration Permit Riihivaara 26 (Riihivaara Kimberlite discovery)
Adjacent Riihivaara Exploration Permits 24, 24a and 24b also extended
Karelian Diamond Resources plc ("Karelian Diamonds") (AIM: KDR) is pleased to announce that the Company has received notification from the Finnish Safety and Chemicals Agency (Tukes) of the granting of an extension for a further 3 years, the maximum period allowed per extension to the Company's exploration permits Riihivaara 26, Riihivaara 24, 24a and 24b in the Kuhmo region of Eastern Finland.
The Riihivaara 26 exploration permit covers Karelian Diamond's kimberlite (olivine lamproite) discovery at Riihivaara. Exploration permits Riihivaara 24, 24a and 24b cover the adjacent areas. The Riihivaara permits are in an emerging kimberlite field, in which the Company has to date identified 20 regional anomalies.
The Company's kimberlite discovery at Riihivaara is circa 10 kilometres to the south of where the Company discovered a green diamond. As announced on 19 December 2023, the search for the source of the green diamond has recently been narrowed down quite substantially through recent work undertaken by Karelian Diamonds .
The Riihivaara kimberlite comes to surface and extends for at least 350 metres. It is a dyke which remains open in both directions along strike with widths of up to two metres intersected. Drilling has already successfully intersected kimberlite at a deeper level and has also shown that the dyke dips at circa 50° to the Northeast.
Mineral chemistry at the site shows that diamond indicator Group I eclogitic garnets are abundant and that diamond type chromites are also present. Ilmenite analysis indicates a good diamond preservation index. Mineral chemistry also shows that more than one source may be present.
It is known that kimberlites tend to occur in clusters and that potentially diamondiferous sources may exist in the vicinity of the Riihivaara kimberlite. To this end Karelian Diamonds has also extended the Riihivaara 24, 24A and 24B exploration permits.
The Company believes the Kuhmo region of Finland has high prospectivity for diamondiferous kimberlites both through its own exploration results in the Kuhmo region, including the discovery of a green diamond, and also by the presence of the Seitaperä diamondiferous kimberlite, circa 8 kilometres to the northwest of Riihivaara, which Karelian Diamonds has shown to extend over a surface area of 6.9Ha - the largest known kimberlite in Finland.
Professor Richard Conroy, Chairman, Karelian Diamond Resources PLC commented:
"The granting of the extension to the Riihivaara exploration permits enables the Company to continue and extend its exploration programme in this highly prospective area of Finland".
AT LEAST WE HAVE LOCKED DOWN THE AREA ,HANDS OFF !!
Sadly it mirrors a private not public sector company
Very family oriented .
But as mentioned before they will want their cake and eat it ….
Question 250 k placing at a time is only keeping the lights on ( or made to look that way)
Contribute was a word used in recent placing last year
Finland might not have issued the Permit yet.
But nothing to do with Kuhmo and Northern Ireland
Unless a major agreement on all 3 wings
Repetitive tweets on copper?
Can’t see egg 🍳 on their faces if ODM are very excited
About time we were for once !!!??
Rio Tinto Exploration Finland Oy organized a public event open to everyone to tell about their plans in Kuhmo
The people of Kuhmo did not seem particularly concerned about the company's ore prospecting activities, as only four people had arrived, two of them landowners in the ore prospecting area
Funny Kuhmo is KDR. Held the majority
Coincidence Hmmmmmmm
Hess another point of view
Gravy trains or tactics 🤔
Option 1
Kevin mentioned in AGM for those who attended
We have the source of A5 within our back yard 2sqklm
Now it a major has connections with us then surely they would throw the kitchen sink at this to conclude what could be the Grib pipe especially as the recovery of a green diamond
Third most expensive diamond you can wish for !!
Option 2
Northern Ireland
ODM were on the phone straight away saying the samples were off the scale. He also mentioned
This was from our top geologist not Prof !!
Option 3.
Lahtojoki
Prof daughter said to me have you seen the diamonds from Lahtojoki?
I replied yes
She replied we have blue diamonds in there !!
Top of the pops diamond chart
1 Blue
2 pinks
3 green
4Yellow
The remaining Lahtojoki clear were very high quality
I challenged them on why top investors were not included in last placement or invited in ??
Prof replied. Hard to get new investors and the diamond industry dropped slightly, but the European wide ban on Russian exports should increase the caret price ( can’t be that hard as we were never asked ??!!!…..
Personally I think they are feathering the nest
All hedge bets on Kdr not big sister…
They will want the gravy surrounding the finest steak that’s for sure .
They had the opportunity to walk EGM
But had to buy themselves out of trouble
That’s spelled this company has worth
That was before NI
But he did say it was expected by the end of 23 complete
Prof said at AGM
The appeal was sorted out easily but the change of boundaries meant it had to go back to the start again
I think that’s what he was saying
Timber another good week 🤦♀️
Maybe Blues also
Even more valuable then pinks
💎
Maybe but we have Sf as our vice and Sorca was voted off the CGNR board a while ago ,so in a round about way back in semi control ,one way or another
Its sure looks a family affair ,but then again would we do the same for ours ??
Permit must be any time now ,Prof said it was expected end of 23 .........
We would need a jv for Lahtojoki i guess unless we have recovered some gems since we took control of the site ???
Permit expected any time now ,push the go button ?? i think so !!
Ireland had the board and Kevin tickled pink on the AGM DAY .ODM were excited that was the message we took home ;-]
from the meeting ,Entrusting our team away from Finland for a short time delay in N I when covid was on could have been very canny call !!!
Lahtojoki if we have Blue ,and pinks ,fancy would attracted a small diamond junior .........
Burgundy for example are the go to boys and girls for fancy gems and they cut and polish for the complete service
Remember no child tears were lost on any diamond found in Finland and hallmarked for extra value .
Artic Star and North Arrow are another option .
We only need a few of fancy's and bobs your uncle ......
Kuhmo A5 is confirm to in our patch ,ALL MAYBE UNDER SWAMP BUT CAN BE DRILLED IN ICE MONTHS its there ,make no mistake .........near but not on it yet ,Kev mentioned narrowed to 2qklm roughly
2024 B U I L D
Possibilities' that awaits us in 2024
COME ON kdr
Kuhmo
Lahtojoki
NI
They Ref from KDR# tweet on Christmas day
Thanks for continued belief in our Mission !!!
Ground control to Major Prof !!! time to come in and showcase KDR .
Timanttiaukio
WebTimanttiaukio käyttää koruissaan timantteja sekä värillisiä jalokiviä, granaatteja, diopsiideja ja ilmeniittejä. TUTUSTU MALLISTOON Hyvällä …
Https://www.bing.com/ck/a?!&&p=84b90ebdfdba6745JmltdHM9MTcwNDI0MDAwMCZpZ3VpZD0zYzA5MjA1Yy03MjU3LTY2ZmMtMjgzZS0zMDBhNzMwMjY3MDgmaW5zaWQ9NTE5Mg&ptn=3&ver=2&hsh=3&fclid=3c09205c-7257-66fc-283e-300a73026708&psq=eva+Timanttiaukio+diamonds&u=a1aHR0cHM6Ly93d3cudGltYW50dGlhdWtpby5maS8&ntb=1
Maybe the blue ref was past from European diamond s recovery
No conformation of ODM what was said
kUHMO we are near not over yet but in our back yard and too early to tell SIZE ?????????????
All in all very looks good to me ;-]
The general consensus was blue diamonds Lahtojoki
Appeared 20 years ago in samples as well as pinks and yellow?????
When the diamonds from Lahtojoki were there but transformation in value terms since , so completely different market value
Ni
Apparently ODM were on the phone and saying off the scale
???
Kuhmo
It’s in our back yard period!!!
Lahtojoki legal force due anytime
Then JV ?
Would say that’s hopefully 2024
Or Take away
So. Feathering owns nest or desperately seeking investors
Hang on !! They never asked the main shareholders
Hmmm
Make of that what you will!!!
This was posted earlier by Yogi
But worth pointing out
Permit expected any time
Enior Management
Professor Richard Conroy Chairman
Maureen T.A. Jones Managing Director
Cathal Jones Company Secretary
Kevin McNulty Senior Geologist
Howard M. Bird Consultant Geologist
Andrew Murrells Senior Geologist
Terhi Tulenheimo Exploration Geologist - Finland