Key points
- Afri-Can Marine Minerals Corp. finished its sampling program on the EPL 3403 marine diamond concession in Namibia on Sunday, Dec. 16, 2012.
- The program extracted 222 samples of five square metres each.
- Results will be disclosed once the diamonds are weighed by officials from Namibia’s Ministry of Mines and Energy.
- EPL 3403 covers about 800 square kilometres and sits north of Namdeb Diamond Corp.’s Atlantic One mining lease (ML 47), which produces over 1.1 million carats per year.
Afri-Can Marine Minerals Corp. completed its sampling program on the EPL 3403 marine diamond concession in Namibia on Sunday, Dec. 16, 2012.
The program has successfully extracted 222 samples of five square metres each. Results of the program will be disclosed once the diamonds have been weighed by officials from the Ministry of Mines and Energy of Namibia.
EPL 3403 covers approximately 800 square kilometres and is adjacent to the north of the Atlantic One mining lease (ML) 47 owned by Namdeb Diamond Corp. (Pty.) Ltd., a 50/50 partnership between the government of the Republic of Namibia and De Beers Centenary AG. ML 47 is the largest marine diamond deposit in the world and is currently producing in excess of 1.1 million carats per year.
