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Duas Barras (100% Interest)
Commercial production commenced September 2007
2008 production of 15,136 carats
Indicated resource of 244,930 carats
Inferred resource of 129,730 carats
Diamond value of US$165 per carat
More about Duas Barras click here.
Chapada Mine (100%
Interest)
Commercial scale production commenced March 2007
2007/2008 production of 23,153 carats of diamonds
Indicated resource of 42,267 carats
Inferred resource of 32,000 carats
Diamond value of US$410 per carat
Last diamond parcel realized an price of US$800/carat
Resources contained within 15 sq km area
Additional 270 sq kms of mineral right concessions
provides significant exploration upside
More about Chapada Mining
click here.
Brauna Gold and Diamond Projects (20% Interest with
an option to increase to 49% on diamond project; 100% gold
interest )
Advanced kimberlite project currently undergoing bulk sampling
22 kimberlite occurrences identified 4 potentially economic and 18 still to be tested
10 million tonnes estimated in 2 of the 4 tested
kimberlite pipes.
Estimated average carat value of US$100 to $125 per carat
800 metre long gold vein system
More about Brauna click here.
Candle Lake (100% Interest)
2 large diamond-bearing kimberlites located in the Fort a
la Corne kimberlite trend Saskatchewan, Canada.
Large tonnage potential, in excess of 100 million tonnes
More about Candle Lake click here.
Catalγo (100% Interest)
Composed of at least 3 kimberlite pipe-like deposits covering a surface area of 0.75 hectares
Surface samples taken by Rio Tinto indicate a
grade of approximately 23 cpht
Microdiamond analysis of drill core suggest a
coarse diamond population, similar to that
observed in the Brauna kimberlites
Definition drilling and additional bulk
sampling planned for 2010
More about Catalγo click here.
Chapada (100% Interest)
Resources currently being mined exist on only 10% of the
270 km2 exploration concessions.
Previous exploration shows potential for 20 million bank
cubic metres of additional resources and a potential 1
million carats
More about Chapada Exploration
click here.
Pukaqaqa
(1% royalty)
Vaaldiam receives a 1% NSR if copper averages
US$3/lb or less and a 2% NSR above US$3/lb
Vaaldiam will receive US$4 million if the project goes in
production and an additional US$4 million one year later
More about Pukaqaqa
click
here.
Kwale (100% interest)
Base Iron Limited signed a Heads of Agreement to buy
Kwale for US$3 million and 1.5% NSR
Transaction is expected to close in July 2010
More about Kwale
click
here.
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