DeBeers diamond trading and marketing company (Diamdel) valued the diamonds at USD $52.56 per carat – that’s about USD $8,500 of diamonds from a small sample pit in 2006.
The only thing rarer than diamonds is diamond mines. There’s only one diamond mine in Australia…and believe it or, not Artemis is looking for diamonds in the Pilbara. In May 2017, we applied for three massive exploration tenements (E47/3707, E47/3708 and E47/3709) which is 598km2 – about 60km south of the Radio Hill plant. This ground could include cobalt, base metals, gold and diamonds.
In 2006, the global diamond conglomerate De Beers and its joint-venture partner discovered diamondiferous kimberlites – and from a 6000t sample they recovered 2,320 gem quality diamonds (164 carats) including one prized find – the 1.41 carat stone. At the time, a DeBeers diamond trading and marketing company (Diamdel) valued the diamonds at USD $52.56 per carat – that’s about USD $8,500 of diamonds from a small sample pit in 2006.
Through the Radio Hill acquisition, we acquired the data behind the DeBeers’ Balmoral Project. Looking into this data, we realised this land included the Blacktop Kimberlites and the ground is highly prospective for cobalt, gold and base metal mineralisation. These tenements are still in application and we’ll surely keep you updating on their progress.