Nora NXI on ME Message Board

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Gold/Mining/Energy : Nora NXI on ME

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To: John Stella who wrote (398)	9/16/1999 9:08:00 AM
From: Grant MacMillan	Read Replies (1) of 420

John, care to add to the following with respect to Nora's concessions proximity to the Diamond Fields concession? AFRICA Diamond Fields International (DFI:TSE,VSE) announced preliminary results from Phase 2 of the ongoing advanced sampling program on its Luderitz sea diamond concessions in Namibia, which is being performed by De Beers(DBRSY:NASDAQ)(Marine). The company says a total of 6,604 carats were recovered from the sampling and test mining operations, and adds that the average stone size recovered was 0.32 carats. According to Diamond Fields, a portion of the diamonds will be sold in the next few months. The companies expect the cost of the program to be about US $2.0 million before diamond sales. (Sept 14/99)

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