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IN BRIEF: Karelian Diamond reports kimberlite boulder analysis results

7th Oct 2021 06:10

Karelian Diamond Resources PLC - Dublin-based diamond explorer - Says results from analysis of thin sections from a kimberlite boulder, recovered from Lahtojoki South exploration area in Finland, indicate potential for the presence of diamonds from the kimberlite source. The data demonstrates that the kimberlite has sampled eclogitic and perridotitic rocks that are known to be diamondiferous in other kimberlites from the area. Pressure and temperature data indicate that the kimberlite has sampled within the diamond stability field. "This increases the possibility of there being additional diamond potential in the Lahtojoki South exploration area," says Chair Richard Conroy.

Current stock price: 3.13 pence

Year-to-date change: down 50%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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