Here it is:
SOUTHERNERA RESOURCES LIMITED - MARSFONTEIN JOINT VENTURE -
SOUTH AFRICA PRODUCTION BEGINS.
TORONTO, Sept. 1 /CNW/ - SouthernEra Resources Limited (SUF - TSE), is
pleased to announce that commercial production commenced on Monday, 31st
August, 1998, at the M1 kimberlite on the Marsfontein Joint Venture project
(De Beers 60%, SouthernEra 40%), in South Africa.
Processing of surficial material consisting of diamondiferous overburden
began yesterday. The plant is now expected to operate on a continuous basis
until the resource is depleted.
Earlier bulk sample testing of the near surface overburden and surficial
deposits overlying M-1 yielded 22,390 carats of diamonds. The recoveries
indicated for this material, although erratic, were higher than the grade
obtained by bulk sampling of the primary kimberlite.
Waste stripping, pit preparation and stockpiling of ore are proceeding at
the site. Progress reports will be made at regular intervals.
%SEDAR: 00004535E
PHIL |
