Diamonds Found in Cameroon

(IDEX Online News) – Two diamonds were found during an exploration program in the West African country of Cameron. The company exploring the area the findings are evidence that the area has diamond-bearing rock.

Botswana Diamonds reports today (Wednesday) that two additional diamonds have been recovered from its sampling program on the Libongo palaeoplacer project in Cameroon.

One of the diamonds, a 0.25 carat near gem quality stone, was recovered from a stream flowing through the sample area. The second, a 1.3-carat industrial quality diamond, was recovered from the crushed sample.

The current exploration program involves collecting a 100 tonne sample from each of three areas previously found to have palaeoplacer rock, in order to ascertain if the rock is diamondiferous. The ultimate objective is to assess whether a deposit similar to the adjacent Mobilong deposit being mined by CNK of Korea exists.

The program is expected to be completed within weeks.

“This is further evidence that our Libongo license ground contains diamond bearing rock similar to that being mined close by, and that this project has the potential to deliver value to our shareholders,” said Botswana Diamonds chairman, John Teeling.

“The next steps are to undertake a bulk sample to identify grade per tonne and value per carat and to run a scoping study on the feasibility of the project.”