Pangolin Diamonds reported that a number of anomalies identified using aeromagnetic survey on the project Motlutse (Motloutse) in Botswana, were selected for further soil sampling, geomagnetic and gravimetric studies of kimberlites.
In a statement the company said that this exploration program is already nearing completion.
"Trust kimberlite AGA-01 has been confirmed and is associated with the gravity anomaly corresponding to the positive results of kimberlite indicator mineral" - say in the Pangolin.
"Grenade Indicator kimberlites without sharp corners and embossed surfaces indicate proximity to kimberlites samples were obtained from soil samples collected over the anomaly directly AGA-01." - added to the company.
As gravimetric studies, and sampling at AGA-01 continued to cover a large area.
The Pangolin reported that an additional gravimetric studies of new kimberlite targets that are expected to be completed by mid-June.
Once the gravity survey results will be analyzed and will hammer drill drill program. It is expected to be completed by the end of July.
http://traditionpearlnecklace.blogspot.ca/
1 comment:
Gemfields raised $ 33.1 million from the sale of 469,000 carats of high quality emeralds and beryl mined at the company owned 75% Kagem Mine (Kagem) in Zambia.
As noted in the company, at the auction, the buyer offered to 558 000 carats of gemstones.
The average cost of emeralds at the auction amounted to $ 70.68 per carat, which was a new record for an auction of higher quality stones companies.
"Our return to the auction in Lusaka again brought strong - and even record - results, while world prices for commodities and diamonds remain volatile, and their prospects - uncertain", - said the CEO of Gemfields Ian Herbotl (Ian Harebottle) .
"Demand and prices for emeralds continues to be at least as high as in the past this type of gemstone mining segment indicators remain among the best in the industry." - adds volume manager.
Since July 2009, Gemfields held 21 auction of emeralds and beryl mines Kagem, receiving a total of $ 412 million.
At the same time, the company Kariba Minerals, owned by Gemfields 50%, held the auction 9.4 million carats of high quality amethyst mined at the mine Kariba (Kariba). It sold 8 of the 14 lots, with the result that the company was able to get $ 220,000 from the sale of 6.6 million carats.
Post a Comment