Diamcor Recovers 92 Carat Diamond

Diamcor recovered an octahedron, 91.65 carat gem quality diamond at the Krone-Endora, Venetia project. This is the first gem quality diamond over 10.8 carats recovered at the project.

“We are very pleased with the recovery of a diamond of this size and quality, which again confirms the potential of the project to produce large quality diamonds”, said Dean Taylor, Diamcor's president and CEO. Taylor noted that the diamond's near perfect octahedron shape is extremely rare and not typically seen in diamonds of this size.

The company is currently assessing the diamond's color and quality through an independent expert.

Diamcor acquired the Krone-Endora at Venetia project from De Beers Consolidated Mines in February 2011.

The company further reported that it installed a final crushing circuit at the main plant to effectively increase the processing of larger size material. The company expects to advance the testing and processing of all material up to 45 millimeters in size in the near future.