Diamcor Mining Inc has said that work on two of the four additional boreholes has been completed, while the remaining two will be completed before the end of the current quarter on June 30, 2016.

The additional water resources will enable the Company to increase the processing levels of all size fractions of material up to 45mm to test and evaluate the full targeted design capacity of its facilities, and to compile key data to assist the Company in arriving at an initial production decision.     

It may be recalled that the Company was recently granted long-term Water Use License for its Krone-Endora at Venetia Project