BlueRock Diamonds PLC Continued recovery of exceptional diamonds (0862P)
February 05 2019 - 2:50AM
UK Regulatory
TIDMBRD
RNS Number : 0862P
BlueRock Diamonds PLC
05 February 2019
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
5 February 2019
BlueRock Diamonds PLC ('BlueRock' or the 'Company')
Continues to recover exceptional quality diamonds
BlueRock Diamonds PLC, the AIM listed diamond producer, which
owns and operates the Kareevlei Diamond Mine ('Kareevlei') in the
Kimberley region of South Africa, is pleased to announce the
recovery of an exceptional 8.97 carat diamond on Friday 1(st)
February.
This will be the third stone independently valued in excess of
$50,000 mined from Kareevlei; the two previous record value stones
were a 7.76 carat stone recovered in 2017 and sold for $10,070 per
carat and a 10.58 carat stone recovered in 2018 and sold for $7,047
per carat.
Adam Waugh, BlueRock's CEO commented, "The 8.97 carat stone
recovered on Friday 1(st) February, along with two other
high-quality 6.36 carat and 3.64 carat diamonds, reinforces the
exceptional quality being produced at Kareevlei."
Market Abuse Regulation (MAR) Disclosure - Certain information
contained in this announcement would have been deemed inside
information for the purposes of Article 7 of Regulation (EU) No
596/2014 until the release of this announcement.
**ENDS**
For further information, please visit BRD's website
www.bluerockdiamonds.co.uk or contact:
BlueRock Diamonds PLC awaugh@bluerockdiamonds.co.uk
Adam Waugh, CEO dfacey@bluerockdiamonds.co.uk
David Facey, FD
SP Angel (NOMAD and Broker) Tel: +44 (0)20 3470 0470
Stuart Gledhill / Caroline
Rowe
--------------------------------
SVS Securities plc (Joint Broker)
Tom Curran Tel: +44 (0)20 3700 0100
--------------------------------
Turner Pope Investments (Joint
Broker) Tel: +44 (0) 20 3621 4120
Lewis Jones/Andy Thacker
--------------------------------
St Brides Partners Ltd (Financial Tel: +44 (0)20 7236 1177
PR)
Melissa Hancock / Juliet Earl
--------------------------------
Notes to editors:
BlueRock Diamonds is an AIM-listed diamond producer which
operates the Kareevlei Diamond Mine near Kimberley in South Africa
which produces diamonds of exceptional quality and ranks in the top
ten in the world in terms of average value per carat. The Kareevlei
licence area covers 3,000 hectares and hosts five known
diamondiferous kimberlite pipes. As at November 2018, it was
estimated that the remaining Inferred Mineral Resource from the
four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a
potential inground number of carats of 367,000.
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contact rns@lseg.com or visit www.rns.com.
END
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