Diamcor Advances Krone-Endora at Venetia Project
May 25, 16
(IDEX Online News) – Diamcor Mining Inc. announced that its Krone-Endora at Venetia Project is advancing on schedule, with the completion of the first two, of four additional boreholes associated with the recent granting of the long-term water use license.
Diamcor said that the remaining two boreholes are on-track for completion by the end of the fiscal quarter, ending June 30. With additional water resources, the company plans to increase the processing levels of all size fractions of material up to 45mm to test and evaluate the full targeted design capacity of its facilities.
In April, the South African-based junior diamond mining company announced that its application for a water use license had been accepted, having been granted by the South African Department of Water and Sanitation (DWAS).