Karelian Diamond Res. Diamond Exploration Reservation Granted in Liperi

 
TIDMKDR 
 
Karelian Diamond Resources plc 
 
                    ("Karelian Diamonds" or "the Company") 
 
                                                               13 February 2019 
 
               DIAMOND EXPLORATION RESERVATION GRANTED IN LIPERI 
 
  * Geophysical And Mineral Anomalies Noted In The Reservation Area 
  * Reservation Is Over An Area Which May Contain An As Yet Undiscovered 
    Kimberlite 
 
Karelian Diamond Resources plc ("Karelian Diamonds") (AIM: KDR), is pleased to 
report that TUKES (The Finnish Mining Authority) has granted a Reservation 
situated in the Liperi region of eastern Finland to Karelian Diamonds. 
 
A review of positive past exploration results and airborne geophysics in the 
area led to the decision to apply for the Reservation. 
 
The Liperi region lies within a geological area known as a Craton, which 
straddles Russia and Finland. Two world class diamond deposits, Lomonosov and 
Grib, have been discovered on the Russian sector of the Craton and are now in 
production. 
 
Karelian Diamonds has an ongoing exploration programme on the Finnish sector of 
the Craton, in particular in the Kuhmo region where it has discovered two new 
kimberlite bodies. It is also assessing a diamond deposit at Lahtojoki in the 
Kaavi region of Finland with a view to developing a mine, which would be the 
first in Europe outside Russia. 
 
The Liperi Reservation covers an area of 12 Km². 
 
A Reservation gives exclusive rights to apply for an Exploration Permit within 
the Reservation area. 
 
A link to a map of Finland showing the Reservation in the Liperi region and its 
proximity to Lahtojoki and Kuhmo is shown below: 
 
Click here for map of Finland 
 
Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented: 
 
"I am delighted that Karelian Diamonds has been granted this Reservation in the 
Liperi region of Finland. It lies to the south of the Kuhmo region, where the 
Company has discovered two kimberlite bodies." 
 
For further information please contact: 
 
Conroy Gold and Natural Resources plc                    Tel: 
                                                         +353-1-479-6180 
 
Professor Richard Conroy, Chairman 
 
Allenby Capital Limited (Nomad)                          Tel: 
                                                         +44-20-3328-5656 
 
Nick Harriss/Nick Athanas 
 
Brandon Hill Capital Limited (Broker)                    Tel: 
                                                         +44-20-3463-5000 
 
Jonathan Evans 
 
Lothbury Financial Services                              Tel: 
                                                         +44-20-3290-0707 
 
Michael Padley 
 
Hall Communications                                      Tel: 
                                                         +353-1-660-9377 
 
Don Hall 
 
www.kareliandiamondresources.com 
 
 
 
END

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February 13, 2019 02:00 ET (07:00 GMT)

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