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Pin to quick picksKarelian Regulatory News (KDR)

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Brookeborough Diamond Exploration Commenced

27 Jul 2021 07:00

Karelian Diamond Resources Plc - Brookeborough Diamond Exploration Commenced

Karelian Diamond Resources Plc - Brookeborough Diamond Exploration Commenced

PR Newswire

London, July 26

Karelian Diamond Resources plc

(“Karelian Diamonds” or “the Company”)

27 July 2021

BROOKEBOROUGH DIAMOND EXPLORATION COMMENCED

Detailed Heavy Mineral Stream Sediment Survey Completed Targeted on the Brookeborough Diamond Discovery Site Ten Samples Collected and Sent for Analysis

Karelian Diamond Resources plc (AIM: KDR), is pleased to announce that it has carried out a detailed heavy mineral stream sediment sampling programme focused on the Colebrooke river in County Fermanagh in Northern Ireland. 

The Colebrooke River was the reported location of the discovery of the Brookeborough diamond in 1816. No serious exploration for the source of the Brookeborough diamond was conducted until 1996 when a regional heavy mineral stream sediment sampling survey was carried out in Counties Fermanagh and Tyrone. The recovery of some chromites was reported and these could possibly indicate the presence of kimberlitic source rocks in the vicinity of where the Brookeborough diamond was discovered. No follow up work was ever conducted.

Following a review of the regional sampling survey results, along with analysis of airborne geophysical data from the TELLUS survey in Northern Ireland and an overall geological assessment, Karelian decided to carry out a detailed heavy mineral stream sediment survey at sample sites on the Colebrooke River around the reported discovery location of the diamond. 

Ten samples were taken using hand shovels and sieved on site down to a 2mm size fraction to get c.20kg of sample material at each site. The combined total weight for the ten samples is just over 200kg. The samples have been dispatched to Canada for mineral concentrating, picking and analysis for Kimberlite Indicator Minerals (KIMs).

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented:

“The discovery of a diamond in Northern Ireland is intriguing and combined with the 1996 results showing the discovery of potential KIMs and the advances in the understanding of diamond host rocks, Karelian felt it warranted further investigation, particularly in conjunction with the TELLUS airborne geophysical data. Hopefully, the sample results will be positive. However, the main focus for the immediate future will remain the development of the mine in Lahtojki, and exploration in Finland where work has continued despite the covid related restrictions”.

Further Information:

Karelian Diamond Resources plc Professor Richard Conroy, Chairman +353-1-479-6180
Allenby Capital Limited (Nomad) Nick Athanas / Nick Harriss +44-20-3328-5656
First Equity Limited (Broker) Jason Robertson +44-20-7330-1883
Lothbury Financial Services Michael Padley +44-20-3290-0707
Hall Communications Don Hall +353-1-660-9377

http://www.kareliandiamondresources.com

Date   Source Headline
11th Mar 20247:00 amPRNCourt hearing set for Lahtojoki
29th Feb 20247:00 amPRNHalf-yearly results for the six months ended 30 November 2023
25th Jan 20247:00 amPRNRiihivaara Exploration Permits Extended
2nd Jan 20243:49 pmPRNHolding(s) in Company
21st Dec 20232:15 pmRNSResult of AGM
21st Dec 20237:04 amPRNAGM Statement
19th Dec 20237:00 amPRNUpdate on sample results and diamond exploration programme in Kuhmo region
4th Dec 20234:43 pmPRNHolding(s) in Company
1st Dec 202312:54 pmPRNHolding(s) in Company
29th Nov 20237:00 amPRNFinal Results
1st Nov 20235:15 pmPRNTotal Voting Rights
20th Oct 20231:43 pmPRNFundraising and Appointment of Broker
19th Oct 20235:47 pmPRNHolding(s) in Company
12th Oct 20237:00 amPRNPositive results from sampling programme
11th Oct 20237:00 amPRNExercise of Warrants
10th Oct 20237:00 amPRNDiamond Exploration Programme Update
9th Oct 20234:37 pmPRNHolding(s) in Company
26th Jul 20237:00 amPRNExploration Programme in Northern Ireland
18th Jul 20237:00 amPRNFollow-up diamond exploration in Kuhmo
24th Apr 20237:13 amPRNUpdate on Planned Exploration Programmes
11th Apr 202310:55 amPRNHolding(s) in Company
4th Apr 20232:20 pmPRNHolding(s) in Company
29th Mar 20237:00 amPRNLahtojoki Diamond Deposit Update
24th Mar 20231:07 pmPRNHolding(s) in Company
15th Mar 20235:26 pmPRNHolding(s) in Company
28th Feb 20237:00 amPRNHalf-yearly results for the 6 months to 30 November 2022
21st Feb 20234:25 pmPRNHolding(s) in Company
30th Jan 20233:43 pmPRNHolding(s) in Company
27th Jan 20232:14 pmPRNHolding(s) in Company
29th Nov 20227:00 amRNSFinal Results
1st Jun 20223:00 pmPRNLahtojoki Diamond Mine Development Update
25th May 20224:29 pmPRNHolding(s) in Company
10th Mar 20227:00 amPRNNickel Prospecting Licences Applied for in N.I
28th Feb 20227:00 amPRNHalf-year Report
10th Feb 20227:00 amRNSLahtojoki Diamond Deposit Update
19th Jan 202210:31 amPRNHolding(s) in Company
22nd Dec 20212:51 pmPRNResult of AGM
14th Dec 20214:45 pmPRNNotice of Change of Venue of AGM
30th Nov 20213:49 pmPRNFinal Results
17th Nov 20217:00 amPRNHolding(s) in Company
10th Nov 20217:00 amPRNHighly anomalous amounts of chromite reported
1st Nov 20217:00 amPRNHolding(s) in Company
11th Oct 20215:25 pmPRNHolding(s) in Company
6th Oct 20217:00 amPRNAnalysis of Kimberlite boulder in Lahtojoki south
17th Aug 20215:45 pmPRNHolding(s) in Company
17th Aug 20217:00 amPRNSHARES/AJ BELL WEBINAR 17 AUGUST
6th Aug 202110:52 amPRNHolding(s) in Company
27th Jul 20217:00 amPRNBrookeborough Diamond Exploration Commenced
30th Jun 20215:00 pmRNSTotal Voting Rights
24th Jun 20216:14 pmPRNHolding(s) in Company

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