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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
7th Jan 20147:00 amPRNIssue of Equity
17th Dec 20137:00 amRNSEnterprise Securities Market Notice
17th Dec 20137:00 amPRNAdditional Exploration Claim Reservations
11th Dec 20137:00 amPRNPlacing and Debt Capitalisation
9th Dec 20131:06 pmPRNResult of AGM
9th Dec 20137:00 amPRNAGM Statement
13th Nov 20137:00 amPRNFinal Results
21st Oct 20137:00 amPRNResults in Finnish Exploration Programme
19th Sep 20137:00 amPRNApplications For Diamond Exploration Claims
19th Mar 20137:00 amPRNAdviser Change of Name
28th Feb 20137:00 amPRNHalf-yearly Report
13th Dec 20123:40 pmPRNResult of AGM
30th Nov 20127:00 amPRNFinal Results
23rd Nov 20127:00 amPRNNotice of AGM
30th Apr 20127:00 amPRNFurther Micro-Diamonds Reported From Seitapera
28th Feb 20127:00 amPRNHalf-yearly Report
9th Dec 20114:02 pmPRNResult of AGM
9th Dec 20117:00 amPRNDiamond indicator minerals at Riihivaara target
17th Nov 20117:00 amPRNFinal Results
3rd Oct 20117:00 amPRNResults from Seitapera drilling
23rd Jun 20117:00 amPRNDrilling resumed at Seitaperä
28th Apr 201110:51 amPRNTotal Voting Rights
13th Apr 20117:00 amRNSEnterprise Securities Market Notice
7th Apr 20117:00 amPRNIssue of Equity
30th Mar 20112:13 pmPRNHolding(s) in Company
28th Feb 20117:00 amPRNHalf-yearly Report
17th Jan 20117:00 amPRNFirst Tranche of Data Received From Rio Tinto
31st Dec 20107:00 amPRNTotal Voting Rights
16th Dec 20107:00 amPRNIssue of Equity
6th Dec 20105:16 pmPRNResult of AGM
6th Dec 20103:30 pmPRNAGM Statement
30th Nov 20107:00 amPRNChange of Adviser
12th Nov 20107:00 amPRNFinal Results
28th Jul 20101:45 pmPRNHolding(s) in Company
22nd Jul 20107:00 amPRNKarelian signs agreement with Rio Tinto Mining
12th Jul 20107:00 amPRNAdviser - Change of Name
25th Feb 20107:00 amPRNHalf-yearly Report
7th Dec 20093:50 pmPRNResult of AGM
7th Dec 20097:00 amRNSIEX Notice
9th Nov 20095:55 pmPRNAdmission to trading on the IEX
9th Nov 20094:53 pmRNSIEX - Schedule One
9th Nov 200911:11 amPRNFurther re Related Party Transaction
5th Nov 20097:00 amPRNFinal Results
19th Oct 20097:00 amPRNNOMAD - change of name
31st Mar 20097:00 amPRNSampling Results
25th Feb 20097:00 amPRNHalf-yearly Report
8th Dec 20084:49 pmPRNResult of AGM & AGM Statement
12th Nov 20087:00 amPRNFinal Results
29th Oct 20087:00 amPRNDelineation Drilling at Seitapera finds Pipe Extension
15th Sep 20087:00 amPRNDelineation drilling commenced at Seitapera Pipe

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