Drilling on Dala Diamond project

Moydow Mines International Inc., an international exploration company, focused principally in Africa, has commenced drilling on the Dala Licence, in Angola where a contract for 5,000 metres has been signed with an option to drill an additional 5,000 metres.

The Dala Licence comprises some 3,000 square kilometres and is located in the Lunda Sul province of north-eastern Angola, immediately adjacent to the city of Saurimo.

The licence is 40 kilometres south of the Catoca Mine, the world’s fourth largest diamondiferous kimberlite mine, and is adjacent to Petra Diamond’s Alto Cuilo property.

Through a process of airborne and ground based geophysical work, Moydow has identified over thirty targets on the property which merit drilling.

The first drill hole of the campaign was commenced in the first week of June 2008 and was located on anomaly DAL 58, which is located some six kilometres from the western border of the licence and approximately twenty three kilometres form the northern border.

The drill hole was located near the center of the geophysical anomaly and drilled vertically. Although drilling continues, Moydow can report that kimberlitic material was intersected by the drill hole at a depth of 126 metres.

Moydow holds a 40% interest in the kimberlite licence. Empressa Nacional De Diamantes De Angola, the Angolan state diamond mining company, has a 51% interest and Cimader-Comercio General Limitada, a local Angola company, has a 9% interest.

Story link: Drilling on Dala Diamond project