10th Feb 2006 07:00
SouthernEra Diamonds Inc. - Bulk sample drilling begins at DO-27 Shares issued and outstanding: 128,343,101 TSX: SDM AIM: SRE TORONTO and LONDON, Feb. 9 /CNW/ - SouthernEra Diamonds Inc. (TSX: SDM;AIM: SRE) has been advised by Peregrine Diamonds Ltd, operating partner of theWO Project Joint Venture, that bulk sample drilling at the plus nine hectareDO-27 kimberlite pipe began today. The bulk sample is being extracted vialarge diameter (24") RC drilling that is being operated by the Ensign Group,Encore Coring & Drilling Division, 24 hours per day. At present there are three drill rigs operating at DO-27, two core rigsand one large diameter RC rig. A third core rig and a second large diameter RCrig are being mobilized to arrive on site this month. The bulk sample will beextracted by mid-April, 2006 and processed at the Test Sample Plant at BHPBilliton's Ekati(TM) Diamond Mine located 50km N.W. of DO-27. More information regarding the bulk sampling program will be released asthe program progresses. The WO project diamond programs are conducted under the direction ofDr. Jennifer Pell, Vice President Exploration, P. Geo., (BC), P.Geol (NT/NU)of Peregrine Diamonds, a qualified person under NI 43-101. SouthernEra holds a 4.9% interest in the WO Diamond Project. SouthernEra Diamonds is one of Canada's largest fully integrated diamondcompanies with extensive diamond exploration in five countries includingCanada, Gabon, the DRC, Zimbabwe and South Africa. This represents one of themost active global diamond exploration programs after the majors DeBeers, BHPBand Rio Tinto. The Company also operates the Klipspringer Diamond Mine inSouth Africa and maintains an 18 percent free-carried interest in the CamafucaDiamond Project in Angola. Some statements contained in this news release are forward-looking and,therefore, involve uncertainties or risks that could cause actual results todiffer materially. Such forward-looking statements include comments regardingexploration work. Actual results could differ materially from thoseanticipated. The Company disclaims any obligation to update forward-lookingstatements. For further information: PLEASE CONTACT: SouthernEra Diamonds Inc.,Howard Bird, Senior Vice President Exploration, or Sharon Allan, InvestorRelations, Telephone: (416) 359-9282, Fax: (416) 359-9141, E-mail:inbox(at)southernera.com, www.southernera.com; London: 4C-Burvale; CarinaCorbett, Director; Telephone: ++44 (0) 207-907-4761; Fax:++44 (0) 207-907-4769; Email: Corbett(at)4c-burvale.co.uk (SDM.) (SRE) ENDSOUTHERNERA DIAMONDS INCRelated Shares:
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