CFR should put on good run again after ann. about new Ruby yields
GLOUCESTER RUBY PROJECT - 9,142 CARATS OF UNCUT RUBY FROM SECTION 8, STRIP 2 – GRADE OF 34.5 CARATS PER TONNE Processing of 265 tonnes of ruby bearing clayey gravels from Section 8, Strip 2 (30 to 20 metres from the river end of the pit – see attached diagram) yielded a total of 9,142 carats: 6,219 carats of facet quality uncut ruby and 2,923 carats of cabachon quality uncut ruby. This represents a grade of 34.5 carats per tonne saleable to CPH – the highest grade recorded so far at the Project. All stone reported is greater than 2 mm in diameter.
CFR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
