Dolat Ventures is planning to expand the resource drilling of its diamond project in Sierra Leone at the Baimbawai Pool on the Sewa River.
It said in a statement that this drilling and evaluation programme would double Dolat's existing inferred diamond carat resources.
"We are firmly focused on significantly expanding the resource at the Baimbawai Pool on the Sewa River, which has shown exciting potential to date,” said Dolat president Dovid Hauck.
He said the diamond development company also planned to conduct a pre-feasibility study to better define the economics of the resource, prior to the onset of trial mining.
“At current grades and diamond values, the Baimbawai Pool on the Sewa River potentially maybe one of the highest known value per tonne kimberlites globally," Hauck said.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished