News blog

Karelian Diamond Resources

  • BY: Andrew Hore |
  • POSTED: 26/02/2008 |

Karelian Diamond Resources has identified a new anomaly near to its diamondiferous kimberlite pipe in Finland. 

The anomaly has been discovered under a frozen lake in the vicinity of the Seitaperä diamondiferous kimberlite pipe.It is at a water depth of 4m-12m. If the ice is thick enough Karelian will drill there in March.

It appears that frozen lakes are a good potential location for diamonds.

Karelian also intends to drill three potential targets in the Riihivaara area, near Kuhmo

The shares held steady at 5.75p.

© 2022 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds