More Diamonds Found In Nunavut

"What we normally look for in these types of results is how many stones per kilo. If we get around 1 stone per kilo, we get very excited, and in this case we're getting nearly 7 stones per kilo," said Kolebaba. The diamonds discovered are too small to be valued, and were discovered by percussion drilling, which is often used in preliminary exploration. The drill is relatively cheap and fast to operate and hits rocks with high pressure, usually resulting in chips and powder. Kolebaba hopes to soon bring in a hollow-core drill that would be better suited to recovering larger diamonds, which could more thoroughly be assessed. He is also waiting for results from 18 other samples from the area. "We've got one result out of 19, we want to get the other 18 results in, then make a decision on what we do," he said. ... http://ca.news.yahoo.com/s/reuters/080109/business/business_diamondsnorth_discovery_col

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