Stellar Diamonds plc (LSE:STEL) reported bulk sample results from its Dourjba kimberlite project in Guinea.
As quoted in the press release:
268.45 carats recovered to date, including stones of 13.8ct, 6.06ct, 3.75ct and 2.9ct
448t dry tonnes of kimberlite processed to date from two separate samples areas
Initial diamond grade of 60 carats per hundred tonnes
Stellar’s Chief Executive, Keith Smithsom said:
The first two bulk sample results are very encouraging, with an initial grade of 60cpht being realised from initial processing, which is consistent with the expectation of high grade. Additionally, the recovery of a number of large stones, including a 13.8 carat and a 6.06 carat stone, from a relatively small parcel of 268 carats of diamonds, suggests a coarse size distribution to the diamond population. Sample processing is progressing well and we expect to have the full results available during March.