First phase of diamond exploration begins

First phase of diamond exploration begins

Wednesday, September 10, 2003 at 14:46

Construction of a diamond mine near the James Smith First Nation is closer to becoming a reality.

Kensington Resources, one of the companies looking

to establish a site near the reserve, has announced that phase one of a new exploration process will begin over the next few weeks.

The three million dollar – phase-one project will involve both gravity surveys and the drilling of more

core-holes on the Fort a’la Corn site.

It is believed to be one of the largest diamond deposits in the world, company officials say they’re now trying to figure out how financially feasible it is to establish a long-term operation.