Key points
- Namco 1 completed first pass bulk sampling of the additional prospect feature (APF) in the Koichab area of its 540 sq km Luderitz Bay grant in Namibia.
- Sixty percent of bulk samples contained diamonds, 95% of gem quality, yielding 278 stones averaging 0.288 carats with a largest stone of 1.3 carats.
- Namco 1 has returned to the Hottentot Bay grant in Namibia to test additional features ahead of further evaluation of the discovery.
- The company’s regional director in Namibia, Mr K Kapwanga, has been appointed to the Namibian diamond board.
Namco 1 has completed first pass bulk sampling of additional prospect feature (APF) in the Koichab area of the company’s 540 sq km Luderitz Bay grant in Namibia.
Exceptional diamond recoveries have been made,
A total of 60% of the bulk samples taken contained diamonds (95% gem quality). Two hundred, seventy-eight stones with an average weight of 0.288 carats were recovered. The largest stone was 1.3 carats. The average stone size is above that predicted for the area.
Namco I has returned to the Hottentot Bay grant, Namibia, to test additional features prior to further evaluation of this highly prospective discovery.
The company’s regional director in Namibia, Mr K Kapwanga, has been appointed to the Namibian diamond board.
