The Russian diamond mining company ALROSA won a tender to conduct diamond exploration in the Kulenke River basin in the Lindenskaya area in the Zhigansky ulus of the Republic of Yakutia, as reported by RIA Novosti.
Meanwhile, ALROSA’s application was the only one submitted to the tender. The company has made a commitment to carry out exploration for 493.6 million rubles, which will begin this year.
Earlier, RIA Novosti reported that Yakutian Subsurface Management Department (Yakutnedra) expects to identify three kimberlite bodies within the Lindenskaya area. If their diamondiferous potential is to be established, the resource will be assessed under P2 category. The contractor must also provide recommendations on further study of the Lindenskaya area and present the assessment methodology for localizing C2 resources and P1 inferred resources for newly identified diamondiferous kimberlites. As a result, inferred resources may increase by at least 47 million carats.
Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished