Diamcor Mining Inc has recently recovered two additional rough diamonds in the +10.8 carat “special” category, 11.64 and 12.73 carats respectively, at the Krone-Endora at Venetia Project, the Company said in a statement yesterday.

It added that the two gem-quality rough diamonds were discovered during initial testing being performed with its integrated in-field screening operations. They are expected to be sold in upcoming tenders next fiscal quarter.

Diamcor also announced that it has completed the initial integration of the Tomra XRT system into the in-field screening operations at the project site. This will allow the Company to test the effects of further concentrating and reducing the size fractions of material being processed at the Project’s Main-Treatment Plant; reduce overall water consumption associated with processing of all material, and; reduce the operational costs of heavy equipment through a reduction of double handling of material realized during the initial testing of this equipment as a separate stand-alone item.     

The statement reiterated the Company’s perspective that the recovery of all rough diamonds to date are incidental to the ongoing commissioning and testing exercises performed at the Project. 

Diamcor acquired the Krone-Endora at Venetia Project from De Beers in 2011 and subsequently established a long-term strategic alliance and first right of refusal with Tiffany & Co. Canada, which provided the Company with financing to advance the Project.