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reefton mining up strong pending announcement

  1. milesg

    11,223 Posts.

    Reefton Mining is moving up strong today with a pending announcement regarding diamond bulk sampling results from the Skeleton Coast looks like the feeling is that the results will be good.

    Following announcement is from last week


    HOMEX - Perth

    The directors advise that the Company's initial diamond bulk sampling
    programme covering the first 22 kilometres of the 220 kilometres of
    exploration licences on the Skeleton Trust of Namibia was
    successfully completed prior to Christmmas.

    The Company's technical team are actively finalising technical
    reports and analysing diamond recovery for release to the market in
    due course.

    Planning for a follow up programme at Mowe Boy is advancing. it will
    test the extent of the diamond bearing beaches and begin to asses
    older beaches inland.

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