Diamcor Mining (TSXV:DMI) announced today it delivered approximately 5,593 carats of rough diamonds recovered from the processing of quarry material at the company's Krone-Endora at Venetia.
It was the company's first tender and sale of the current quarter ending December 31, 2022.
The total included several individual gem quality diamonds in the Specials (+10.8 carats) category, with the largest being 43.55 carats in size. Despite being the first of two planned tenders and sales in the quarter, the total rough diamonds delivered to date already represent an increase of 148% over the total carats sold in the previous quarter, noted the company.
"This initial delivery of rough diamonds for the current quarter continues to demonstrate our Company's ability to successfully adjust and refine operations as required to achieve sustained operational growth", commented Diamcor CEO Mr. Dean Taylor. "The continued recovery of several individual gem quality rough diamonds in the +10.8 carat specials category, including the 43.55 carat stone, confirms the Project's potential to achieve strong average dollar per carat results, and the recovery of larger, higher value, gem quality diamonds."
