New diamond strike coming

PERTH-based diamond hunter Kimberley Diamond Company may be on the brink of discovering a major source of precious gemstone in WA’s Kimberley region.

Recent encouraging exploration results have endorsed the company’s regional exploration plan for its Blina/Ellendale projects where a high concentration of indicator minerals was discovered in the Pit 57 area.

This was the focus of a significant discovery by KDC in December last year.

According to KDC chairman Miles Kennedy the discovery confirms the company’s view that an undiscovered diamond source lies nearby.

An independent report has also underlined the exploration potential of the diamond hunter’s Ellendale project area, adjacent to the contested Ellendale diamond field.

The report by international consulting geologist Mackay and Schnellman, recently released in Kimberley, South Africa, identified twenty-one targets for further exploration on KDC’s tenements and believes the company’s ground offers “considerable scope for future exploration”.

Highlighted in the report were the unexplored olivine Lamproites 15 and 22 which the consultant said should be re-examined for diamond bearing potential.

“This confirms our view that there is an undiscovered pipe or pipes which source the diamonds found so far in terrace five gravels within a short distance to the south or south-east of Pit 57,” Mr Kennedy said.