Business
Update on Finnish Diamond Prospects
Update on Finnish Diamond Prospects.
About this update from Karelian Diamond Resources Plc
[{"type":"text","content":"\n \nRNS Number : 0613S Karelian Diamond Resources PLC 21 June 2018 \n\n \n \n \n \nKarelian Diamond Resources plc\n(\"Karelian Diamonds\" or \"the Company\")\n \n21 June 2018\n \n \nUPDATE ON FINNISH DIAMOND PROSPECTS \n \n \n· Drilling to Commence Up-ice of Green Diamond Discovery \n \n· Micro Diamond Analysis Underway on Lahtojoki Drill Core\n \n· Drilling at Riihivaara to Follow-up Discovery of Kimberlite Body\n \nKarelian Diamond Resources plc (\"Karelian Diamonds\") (AIM: KDR), is pleased to announce that a drilling programme will shortly commence up-ice of the Company's green diamond discovery in the Kuhmo region of eastern Finland. The drilling programme is directed towards finding the source of the diamond. The Company will also be undertaking micro diamond analysis on drill core from the Lahtojoki Diamond deposit over which the Company holds a mining concession. Drilling will also be undertaken to follow-up on Karelian Diamond's kimberlite discovery at Riihivaara. \n \nThe Kuhmo Green Diamond Target: \n \nThe drilling programme on the Company's Green Diamond target follows-up on the results of a detailed till sampling programme carried out up-ice to the location of the discovery of the green diamond. The till sampling programme yielded high kimberlite indicator minerals (\"KIMs\") counts including a high number of garnets which had what are known as \"partial alteration mantles\" suggesting close proximity to the source of the green diamond (announced on 23 January 2018). \n \nThe specific objective of the drilling programme will be to identify the bedrock type where the high KIMs were discovered. This information could be a crucial factor in identifying the source of the green diamond.\n \nLahtojoki Diamond Deposit:\n \nDrill core from the previously untested eastern area of the Lahtojoki diamond deposit has been examined as part of Karelian Diamonds ongoing assessment of the deposit. Core samples have been taken and prepared for micro diamond analysis. The analysis will be carried out by an independent diamond laboratory in Canada. \n \nThe Riihivaara Kimberlite:\n \nThe drilling programme at Karelian Diamond's Riihivaara target is designed to intersect kimberlite ...