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In The News Canada's diamond rush Buried Treasure Diamonds May Be Forever, But Kimberley Mines Aren't Northern lights external site Arctic Star finds new hope in Ontario external site Spider, KWG uncover Good Friday kimberlite external site Eye in the sky spots diamonds in the rough external site Diamonds: Still Shining Brightly For Canada's North external site
Background Diamond Exploration Canadian Diamond History Canadian Diamond Market World Diamond Market Mining Terms Recommended Reading
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Projects
James Bay Lowlands | | James Bay Lowlands
De Beers' Victor mine has established the James Bay Lowlands as a region with the potential to host world class diamond deposits. The open-pit mine should reach full production in late 2008 and produce a total of six million carats. The mine has an expected life of 12 years and a total project life of 17 years. The mine site will include an onsite processing plant, quarries, sand and gravel pits, and an all-weather airstrip. Annual revenue from the mine is expected to be between $200 million and $300 million per year, with a per carat value of $500, one of the highest in the world at today’s prices. more |
Kinoshea River Area | | Coral Rapids Project
The DiaMine Coral Rapids Project comprises 24 units in two mineral claims totaling 384 hectares and was acquired in December 2007. The claims area is within 175 kilometres of the Victor Mine, the first diamond mine in Ontario. The younger intrusive source of the magnetic anomaly, which as modeled as a near surface cylindrical body, puts the estimated size of the K anomaly at 28 ha and the S anomaly at 4.4 ha. Both of these anomalies may be diamondiferous kimberlites. Most diamondiferous kimberlites are in the single digit hectares. The producing pipes at Lac de Gras range in size from 2 ha to 12 ha. The Victor Pipe is a composite pipe and is considered large at 16 ha. This would make the Coral Rapids Project (The K anomaly) the largest kimberlite in Canada. more |
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Press Releases
2009-1-15 DiaMine Explorations Inc. Plans To Undertake a Ground Magnetic Survey more |
2008-12-15 DiaMine Explorations Inc. Implements Second Drill Program more |
2008-11-15 DiaMine Explorations Inc. Has Sent Samples Of Glacial Material To Laboratory For Analysis more |
2008-1-3 DiaMine Explorations Inc. Acquires Claims In New Project Area Of The James Bay Lowlands more |
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