BlueRock Diamonds names February 5, 2021, as release day for resource update

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BlueRock Diamonds PLC (LON:BRD), which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, has said it is to release a resource upgrade report on Friday, February 5, 2021. 

The statement is expected to include an upgrade of a material percentage of the resource from the inferred to the indicated category, as per the SAMREC code, and an increase in the size of the resource, the group added.

Kareevlei produces diamonds of exceptional quality, and ranks in the top ten in the world in terms of average value per carat.

The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes.

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