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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
12th Jan 20177:00 amPRNKimberlite Boulder Derived From Undiscovered Kimberlite
30th Dec 20169:15 amPRNTotal Voting Rights
29th Dec 20167:00 amRNSEnterprise Securities Market Notice
21st Dec 20161:23 pmPRNCapital raising and Total voting rights
12th Dec 201610:58 amPRNHolding(s) in Company
12th Dec 20169:40 amPRNIssued Share Capital
9th Dec 201612:44 pmPRNResult of AGM
17th Nov 20167:00 amPRNFinal Results
17th Nov 20167:00 amPRNCapital Reorganisation
9th Nov 20167:00 amPRNNew Kimberlite Boulder Discovery
19th Sep 20168:20 amPRNDiamondiferous Resource Potential around Lahtojoki
10th Aug 20167:00 amPRNDiamond mine potential of Lahtojoki
1st Jun 20167:00 amRNSDIAMOND MINING PERMIT RECEIVED
17th May 201612:03 pmPRNPlacing to Raise £250,000
3rd May 201612:14 pmPRNHolding(s) in Company
19th Apr 20161:15 pmPRNAcquisition of Diamond Mining Permit
11th Apr 20167:00 amPRNRiihivaara kimberlite likely to be diamondiferous
11th Mar 20164:43 pmPRNChange of Adviser
29th Feb 201612:16 pmPRNHalf-yearly Report
12th Feb 20163:55 pmPRNHolding(s) in Company
14th Dec 201512:57 pmPRNResult of AGM
23rd Nov 20157:00 amPRNFinal Results
9th Nov 20157:00 amPRNHigh Category Rating Kimberlite Minerals Identified
1st Jul 20157:00 amPRNRiihivaara Positive Mineral Chemistry Results
10th Jun 20157:00 amPRNKimberlite intersected in five further pits in Kuhmo
7th Apr 20153:11 pmPRNStatement re Press Comment
27th Mar 20152:58 pmPRNChange of Registered Office
20th Mar 20157:00 amPRNDiscovery of Potential New Diamond Source
17th Mar 201510:14 amPRNChange of Adviser
25th Feb 20157:00 amPRNHalf-yearly Report
15th Dec 20141:17 pmPRNResult of AGM
1st Dec 20147:00 amPRNUpdate on Riihivaara Diamond Stability Field
24th Nov 20147:00 amPRNReport and accounts and extension of warrants
21st Nov 20143:28 pmPRNAnnouncement of Director
21st Nov 20147:00 amPRNFinal Results
13th Nov 20147:00 amPRNKimberlitic Indicator Minerals Recovered at Havukkasuo
30th Oct 20147:00 amPRNDiamond Exploration Claim Reservations Granted
16th Oct 20149:18 amPRNNew Kimberlite Source Indicated
4th Sep 20147:00 amPRNDiamond Exploration Update
26th Jun 20147:00 amPRNExtension of Agreement with Rio Tinto
4th Jun 20147:00 amPRNLapland Diamond Exploration Claim Reservations Granted
30th May 20144:03 pmPRNTotal Voting Rights
8th May 20147:00 amRNSEnterprise Securities Market Notice
2nd May 201411:29 amPRNIssue of Equity
24th Feb 20147:00 amPRNHalf-yearly Report
31st Jan 201412:47 pmPRNTotal Voting Rights
20th Jan 20147:00 amPRNDiamond Exploration Claim Reservations Granted
17th Jan 20147:00 amRNSEnterprise Securities Market Notice
14th Jan 20147:00 amPRNIssue of Equity
10th Jan 20147:00 amRNSEnterprise Securities Market Notice

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