Bonaparte provides trial mining and processing results

Bonaparte Diamond Mines NL, the only mining company in Australia that conducts marine diamond exploration, provides trial mining and processing results at the Savanna diamond mine in South Africa.

The company had completed processing of a 16,000 ton bulk sample including the two large stones of 23 and 31carats in size, which were recovered as part of a total package of 202 diamonds weighing 241 carats. The two large stones have been independently valued at US$290,000 and US$260,000 respectively.

Managing Director Mike Woodborne said, the Savanna alluvial diamond deposit has revealed its potential to produce large, high-value diamonds, which is very exciting.Overall it can produce diamonds at an economic rate and we are delighted to be moving forward with a mining project to generate cashflow to support both our diamond and marine phosphate development plans.

There is upside potential for higher grades and higher value diamonds within the deeper channel deposits, and for higher mining rates with development of additional features at Savanna, Mr Woodborne said.

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