Ekati Diamond Mine Panda Pit

DOMINION ANNOUNCES 16 MILLION MORE DIAMOND CARATS AT EKATI

In an update on its renewed strategic focus on greenfield exploration activities at the Ekati Diamond Mine, Dominion Diamond Corporation has announced a maiden resource at the Leslie kimberlite pipe at the mine. According to a press release, “Maiden inferred mineral resource of 51 million tonnes and 16 million carats at the Leslie pipe, the highest priority amongst pipes at the Ekati mine that have been bulk sampled, but not yet included in the mine plan”.

 

Dominion “has modelled the approximate rough diamond price for the Leslie pipe to be $85 per carat, with a high case estimate of $120 per carat”.

 

Jim Gowans, Chairman of the Board, said: “Our renewed focus on exploration is generating strong results along the entire project pipeline, reflecting near-, mid- and longer-term potential […] The Leslie pipe is our highest-priority pipe amongst kimberlites that have been bulk sampled, as demonstrated by the announcement of its maiden resource”.

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