DIAMOND PAGE — De Beers aims drills at Gope

De Beers Consolidated Mines (DBRS-Q) has begun a mini-bulk sampling program at the Gope diamond prospect in Botswana, held by TNK Resources (TNKR-C).

Thirty-eight large-diameter (8.5-inch) holes will be drilled in four kimberlite pipes to obtain grade and geometric information. The pipes were previously discovered by TNK and are situated in Area 1 — one of three licences that comprise the 4,046.8-sq.-km property.

De Beers is earning a 51% interest in Area 1 by funding a bulk-sampling program. This interest can be increased to 60% if the company funds a feasibility study and mine development. Exploration in Areas 2 and 3 is being managed and funded by TNK, though De Beers holds an option to acquire interests.