Karelian Diamond Resources Makes Exciting Discovery in Search for Green Diamond Source
Karelian Diamond Resources announced exciting findings from the electron microprobe analysis of Kimberlitic garnets extracted from till samples. The AIM-listed company revealed that the analysis suggested proximity to the source of a notable green diamond previously discovered in the region.
According to Renaud Geological Consulting in Canada, who conducted the examination on 60 garnets from various locations, the results unveiled different types of garnets, including ‘G10’ harzburgite, ‘G9’ lherzolite, ‘G5’ pyroxenite, and ‘G4’ eclogitic garnets. The presence of diamond stability field garnets alongside other diamond-facies garnets indicated the potential for diamond-bearing kimberlite in the Kuhmo target area.
The conventional CaO versus Cr2O3 contents plot for the 60 garnets confirmed their derivation from the diamond stability field of the Earth’s mantle, suggesting a deep-mantle source for kimberlite. Of significant interest were two sample locations, A5-23-01 and A5-23-03, which appeared to be near the kimberlitic source of the green diamond. This finding could have substantial implications, considering coloured diamonds, like green ones, often command higher prices than colorless diamonds.
Chairman Richard Conroy expressed enthusiasm about the results, calling them a crucial step forward in the search for the origin of the green diamond in the Kuhmo region of Finland. Despite the positive news, shares in Karelian Diamond Resources were down 1.4% at 2.12p.
The discovery brings new excitement to the company’s exploration efforts and could potentially lead to further significant findings in the future.
