Palmietfontein
The Palmietfontein project (which includes the entire farm Palmietfontein) is centred on a 12.1 Ha diamondiferous kimberlite pipe discovered in 1925. Exploration by previous owners showed the pipe to be of a low average grade (1.7 carats per 100 tonnes) but to be endowed with diamonds of unusually large average size (0.77 carats). Sampling undertaken in the period 1979-1981 indicates it may be possible to delineate a coherent relatively high grade area (3 to 5 carats per 100 tonnes) that could justify economic evaluation within the pipe. Such an area may be in the region of 1 to 3 Ha. Elsewhere on the farm Palmietfontein there is good potential to discover at least one additional kimberlite intrusive.
New order prospecting rights have been granted through its 74% interest in Urafiki Gems. The Company intends to delineate the high grade area referred to by Snowden, and if successful, to evaluate the area by bulk sampling and trial mining for possible economic diamond recovery. Concurrently with this work, The Company will also evaluate the farm Palmietfontein for the existence of further kimberlite pipes or dykes.
In assessing the pipe, the primary objective is to identify, outline and test the areas of the Palmietfontein pipe with the highest historical grade. The historical data indicates an irregular, near surface diamond distribution pattern which supports the concept of a multiple intrusion body. The historical data on diamond grade and stone size indicates two areas of enrichment located in the northeastern and southwestern sectors of the pipe. These will be the areas that will be initially targeted for bulk sample evaluation to a depth of 50 metres using a large diameter drill rig. The material recovered will be crushed and treated using a Dense Media Separation plant in combination with a Flowsort X-ray diamond recovery unit
