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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
18th Oct 20188:55 amPRNOrangeite (Group II Kimberlite) Discovered
24th Sep 20187:00 amPRNKuhmo Sample Material From Diamond Stability Field
13th Aug 20187:00 amPRNNew Micro-Diamond Results From Lahtojoki Diamond Deposit
31st Jul 20185:00 pmPRNTotal Voting Rights
19th Jul 20182:50 pmPRNHolding(s) in Company
2nd Jul 20182:46 pmPRNHolding(s) in Company
21st Jun 20187:00 amRNSUpdate on Finnish Diamond Prospects
15th Jun 20188:37 amPRNHolding(s) in Company
11th Jun 20187:00 amPRNIssue of Equity
31st May 201811:44 amPRNHolding(s) in Company
10th May 201812:31 pmPRNHolding(s) in Company
18th Apr 201812:52 pmPRNHolding(s) in Company
17th Apr 20185:43 pmPRNHolding(s) in Company
28th Mar 20187:00 amPRNAppointment of Broker
12th Mar 20187:00 amPRNHolding(s) in Company
2nd Mar 201810:54 amPRNStatement re Broker
28th Feb 20187:00 amPRNHalf-year Report
8th Feb 20183:46 pmPRNHolding(s) in Company
8th Feb 20183:44 pmPRNDiamond Source Proximity Suggested by Sample Results
8th Feb 20183:41 pmPRNExploration Claim Granted
7th Feb 20185:19 pmPRNHolding(s) in Company
23rd Jan 20187:00 amPRNDiamond Source Proximity Suggested by Sample Results
22nd Jan 20181:25 pmPRNExploration Claim Granted
29th Dec 201710:29 amPRNCorrection : Total Voting Rights
29th Dec 20177:00 amPRNTotal Voting Rights
21st Dec 20171:46 pmPRNResult of AGM
18th Dec 201711:53 amPRNHolding(s) in Company
18th Dec 201711:49 amPRNHolding(s) in Company
15th Dec 201711:53 amPRNHolding(s) in Company
29th Nov 20177:00 amPRNFinal Results & Notice of AGM
14th Nov 20177:00 amPRNPromising New Exploration Data
6th Nov 20177:00 amRNSESM - Cancellation Notice
27th Oct 20177:00 amPRNExploration Permit Granted
18th Oct 20177:00 amPRNKuhmo Diamond Discovery Update
10th Oct 201711:55 amPRNCancellation of admission to trading on ESM
4th Oct 20179:29 amPRNHolding(s) in Company
25th Sep 20177:00 amPRNNew Kimberlite Source Indicated in Target
1st Aug 20177:00 amPRNPreliminary Economic Assessment of Lahtojoki
28th Jun 20177:00 amPRNClaim reservation granted in area surrounding Lahtojoki
16th Jun 20171:45 pmPRNHolding(s) in Company
28th Apr 20177:00 amRNSEnterprise Securities Market Notice
24th Apr 20175:15 pmPRNChange of Registered Office
12th Apr 20174:34 pmPRNIssue of Equity
6th Apr 201711:55 amPRNHolding(s) in Company
28th Mar 20172:35 pmPRNHolding(s) in Company
27th Mar 20177:00 amPRNHolding(s) in Company
16th Mar 20177:00 amPRNExtension of Riihivaara Kimberlite Body
27th Feb 20177:00 amPRNInterim results for 6 months ended 30 November 2016
15th Feb 20177:00 amPRNDiamond Discovery: Technical Report
31st Jan 20177:00 amPRNDiamond discovery in Finland

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