26th Mar 2012 07:00
26 March 2012
Paragon Diamonds Limited
("Paragon" or the "Company")
(AIM: PRG)
Launch of new website
Paragon Diamonds, the African focused diamond explorer and developer, has today launched an updated corporate website which will emphasise the Company's strategy of focusing primarily on the rapid development of the Lemphane and Motete diamondiferous kimberlite projects in Lesotho.
Paragon's cornerstone projects, the progress from development to full production of its Lemphane kimberlite mine and Motete multiple kimberlite dyke, will be the main focus for the Company in the short-to-mid-term future. The positive newsflow in 2012 with regards to both of these projects has provided further encouragement for the Company that this is the correct strategy, and this is reflected in the updated website, which can be visited at www.paragondiamonds.com
Commenting today, Francesco Scolaro said: "The Company is excited about its potential for diamond mining and extraction in Lesotho and the updated corporate website has been designed to better illustrate the progress being made."
For further information:
Paragon Diamonds Limited Francesco Scolaro - Chairman Simon Retter - Finance Director www.paragondiamonds.com | +44 (0) 20 7099 1940
|
|
|
Fox-Davies Capital Ltd (Nomad and Broker) Jonathan Evans Simon Leathers | +44 (0) 20 3463 5010
|
Newgate Threadneedle (Financial PR) Josh Royston Richard Gotla
| +44(0) 20 7653 9844 |
Related Shares:
PRG.L