africa Angola diamond Economy FDI Finance Natural Resources

Gem International starts initial work at Lunda Sul

Gem International Resources Inc (CVE:GI) has reported that its operating partner, Global Gems International, has started the initial work program at the Lunda Sul Province in Angola.

Global Gems has begun the evaluation and production of diamonds from high priority areas highlighted as favorable for hosting alluvial diamond deposits on the 3,000 sq km Dala alluvial mining license.

Dala is located in the heart of a highly prospective and productive diamond region of Angola, only 25 kilometres south of the world-class Catoca diamond mine.

The group has started the initial field and technical programs to prioritize startup areas for alluvial gravel testing, including the establishment of a camp logistics base in Saurimo, as well as procurement of mining, diamond production and infrastructure equipment.

Over 30 high priority areas have been identified by the group.

It is in the process of reviewing an extensive database of information for both alluvial and kimberlite exploration by a previous operator at Dala with the objective of acquiring this information to assist the current work, it said in a statement.

With data for over 900 alluvial sample sites and extensive information from kimberlite exploration, the group hopes the database will speed up the ability to prioritize initial work areas.

Diamonds of over 40 carats have been recovered at Dala from the artisanal operations.

Recovery procedures will be set up to maximize the ability of the system to recover larger stones.

Source: ProActive Investors


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