BlueRock Diamonds PLC Recovery of second diamond over 20 carats (9484N)
27 Septiembre 2019 - 3:30AM
UK Regulatory
TIDMBRD
RNS Number : 9484N
BlueRock Diamonds PLC
27 September 2019
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
27 September 2019
BlueRock Diamonds PLC ('BlueRock' or the 'Company')
Recovery of second diamond over 20 carats
BlueRock Diamonds plc, the AIM listed diamond mining company,
which owns and operates the Kareevlei Diamond Mine in the Kimberley
region of South Africa ("Kareevlei" or the "Project"), is pleased
to announce that it has recovered a 20.72 carat stone of gem
quality.
This is the second stone recovered from Kareevlei in excess of
20 carats. The previous stone was 24.98 carats and sold for
USD190,000. The sale price of the current stone will be announced
following the completion of the October tender.
Mike Houston, Executive Chairman commented, "I am highly
encouraged by the recovery of yet another significant stone which
is of a similar quality to a number of other larger stones that we
have recovered recently. I look forward to updating the market on
the sale price following the completion of the October tender."
Market Abuse Regulation (MAR) Disclosure - Certain information
contained in this announcement would have been deemed inside
information for the purposes of Article 7 of Regulation (EU) No
596/2014 until the release of this announcement.
**ENDS**
For further information, please visit BRD's website
www.bluerockdiamonds.co.uk or contact:
BlueRock Diamonds PLC C/O SBP
Mike Houston, Executive Chairman Tel: +44 (0)20 7236 1177
David Facey, FD
SP Angel (NOMAD and Broker) Tel: +44 (0)20 3470 0470
Stuart Gledhill / Caroline Rowe
---------------------------
Turner Pope Investments (Joint Tel: +44 (0) 20 3621 4120
Broker)
Andy Thacker
---------------------------
St Brides Partners Ltd (Financial Tel: +44 (0)20 7236 1177
PR)
Melissa Hancock / Juliet Earl
---------------------------
Notes to editors:
BlueRock Diamonds is an AIM-listed diamond producer which
operates the Kareevlei Diamond Mine near Kimberley in South Africa
which produces diamonds of exceptional quality and ranks in the top
ten in the world in terms of average value per carat. The Kareevlei
licence area covers 3,000 hectares and hosts five known
diamondiferous kimberlite pipes. As at November 2018, it was
estimated that the remaining Inferred Mineral Resource from the
four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a
potential inground number of carats of 367,000.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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