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Duas Barras (100% Interest)
Commercial production commenced September 2007
2008 production of 90,000 carats
Indicated and inferred resource of 432,000 carats
Diamond value of US$172 per carat
More about Duas Barras click here.
Chapada Mine (100%
Interest)
Commercial scale production commenced March 2007
Annual production of 30,000 carats of diamonds per year
Indicated and inferred resource of 270,000 carats
Diamond value of US$400 per 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 (100% Interest)
Advanced kimberlite project in final stages of
feasibility study
22 kimberlite pipes 4 diamondiferous and 18 still to be
tested.
10 million tonnes estimated in 2 of the 4 tested
kimberlite pipes.
Average grade recovered in bulk sampling to date is
approximately 40 cpht
Estimated average carat value of US$125 per carat
More about Brauna click here.
Pimenta Bueno
(100% Interest)
41 kimberlites located on 250,000 hectares of land
50% diamond bearing
Delineation drilling of 9 pipes outlines a resource of
over 235 million tonnes
16 of the 41 kimberlite pipes have been discovered since
2004 when VAA became involved
Rio Tinto has back-in rights
More about Pimento Bueno
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.
Rondonia (100% Interest)
Located in Rondonia State, Brazil adjacent to the Pimenta
Bueno property.
8 known kimberlites located on 830,000 hectares of land.
5 kimberlites are diamond bearing based on previous
sampling.
More about Rondonia click here.
Catalγo (100% Interest)
Composed of 3 kimberlite pipe-like deposits covering a surface area of
0.75 hectares
Initial sampling by Rio Tinto indicates a grade of 23 cpht
Definition drilling and additional bulk sampling planned
for 2008
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. |