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Key Facts
- Experienced supplier of rough diamonds to world market
- Operational team with proven 24/7 production history
- Acquisition of DeBeers Krone-Endora at Venetia closed February 28th,2011
- Targeted production increases to 7,000 - 10,000 carats per month within 12 months
- NI43-101 provides "initial" inferred resource estimate of 54M tons of gravel, 1.3M carats
- Current project life at 10,000 carats per month estimated at 10+ years
- Near surface deposit (15 Meters) allows for low-cost strip mining operation
- Additional low-cost drilling in conjunction with trial-mining aimed at increasing resource
- Ongoing acquisition discussions aimed at acquiring additional near-term production
- Targeted acquisitions provide potential production increase to 25 - 35,000 carats / mo.
- Established BEE partnership, allows for broad-based beneficiation advantage
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