RAPAPORT… Alrosa has identified three new exploration sites that could
potentially yield 17.9 million carats of rough across their lifespan, according to preliminary
estimates.
The sites are located close to Alrosa’s Mir mine in the Yakutia region of Russia.
“Detecting new diamond deposits in [the] Nizhne-Botuobinskaya area will make a significant contribution to the development of Alrosa’s mineral resource base, and in the longer run, will support [the] financial, economic and social situation in the region,” the company said last week.
Geologists performed testing on the sites, which are located
in the company’s Malo-Botuobinksy license area, including magnetic and electric
exploration and high-frequency seismic surveys. The team
studied a total of 200,000 square meters.
The Russian miner will perform a prospect evaluation survey
that will enable it to reach the kimberlite inside. That test will provide further
information on the entirety of the deposit’s contents, Konstantin Garanin,
Alrosa’s chief geologist, explained.
Image: Rough diamonds. (Alrosa)
Alrosa Identifies Potential New Diamond Resources
The Bottom Line
- Alrosa discovered three new exploration sites in the Yakutia region near the Mir mine.
- Preliminary estimates suggest these sites could yield 17.9 million carats of rough diamonds over their lifespan.
- Geological testing included magnetic, electric, and seismic surveys over 200,000 square meters, with further prospect evaluation planned.
Summary by Rapaport AI
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