Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: diamonds

At the Cambridge Conference I asked Frank Smeenk about Debut Diamonds, and he said things are coming together. Some involvement of De Beers, a recovery in the financial markets generally, and the diamond market in particular, regulatory hoops jumped through, and so on, so that this Co. will soon be the vehicle for the diamond assets. With a separate company concentrated on diamonds only, there should be money and time to explore and develop that area. Look at QUC and Freewest to see how this kind of split-off of specialised assets can be good for all concerned.

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