Key Facts

  • Experienced supplier of rough diamonds to world market
  • Operational team with proven 24/7 production history
  • Pending acquisition of DeBeers Krone-Endora directly adjacent to Venetia
  • 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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