GREY:VAALF - Post by User
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McLachertyon Oct 14, 2010 8:35am
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Post# 17562843
Breaking News - Excellent Diamond Results
Breaking News - Excellent Diamond ResultsVaaldiam Reports Excellent Diamond Results at Brauna and Discusses Restart at Duas Barras Mine Back
via COMTEX
Oct 14, 2010 7:31:00 AM
TORONTO, ONTARIO, Oct 14, 2010 (MARKETWIRE via COMTEX News Network) --
Vaaldiam Mining Inc. ('Vaaldiam' or the 'Company') (TSX: VAA) is pleased to report results of Sample 2 of the diamond bulk sample program at the Brauna 3 kimberlite pipe ("B3"), situated on its Brauna property in Bahia State, Brazil.
Sample 2 recovered 2,833 commercial-sized diamonds (greater than 1.1 mm square mesh screen) with a total weight of 604 carats and a sample grade of 25.9 carats per hundred tonnes (cpht) from 2,327.5 dry tonnes of kimberlite.
Vaaldiam CEO Robert Jackson said "These are excellent results that improve upon the strong results of Sample 1. The stone size and quality are very good and the project has good exploration potential. B3 is open at depth below 200 metres and laterally to the north-west. It is one of 22 kimberlite occurrences on the property. The resource estimate will be completed during Q4."