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IN BRIEF: Karelian Diamond jumps on prospecting licence applications

10th Mar 2022 11:59

Karelian Diamond Resources PLC - Dublin-based diamond explorer - Applies for two further prospecting licences in Northern Ireland. The applications follow results from the company's stream sediment sampling programme at its KDR-1 licence which showed the potential presence of nickel-copper mineralisation. The licence applications cover an area of 500,000 metres squared. Karelian says an exploration programme for nickel-copper-platinum is now being prepared.

Current stock price: 2.38, up 14% in London

12-month change: down 44%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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