Diagem has been granted three licences of operation (LO) from the Mato Grosso State Secretariat of the Environment (SEMA) relating to properties 118, 119 and 211 which are wholly-owned by Diagem and cover approximately 20,000 hectares of exploration concessions in the Juina diamond province in the state of Mato Grosso, Brazil. The LOs provide Diagem with the authorization to perform bulk sampling of delineated alluvial deposits, kimberlite pipes and kimberlite pipe targets.
Reported that three licences of operation (LOs) from the Mato Grosso State Secretariat of the Environment have been granted. The LOs provide the authorization from the environmental agency to perform bulk sampling of delineated alluvial deposits, kimberlite pipes and kimberlite pipe targets. Bulk sampling has commenced on property 211 and will begin shortly on properties 118 and 119. An objective of the bulk sampling program is to determine mineralization and obtain preliminary grade determination of the delineated alluvial deposits which cover extensive portions of the three properties.
March 31, 2005
A total of 237 auger drill holes aggregating 1,126 meters were executed on the 118,119, and 120 properties to explore for and delineate potential alluvial and “basal conglomerates” gravel deposits. Further delineation and bulk testing is planned on the three properties. Initial exploration work started in Jan/05 discovered a new kimberlite pipe (ADK13), an additional 20 targets remain to be tested, bulk sampling evaluation of the new kimberlite will be undertaken shortly.
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