Montreal-listed Menora Resources has confirmed the existence of potentially diamond-bearing gravels at its Orange River Block 14 concession in Namibia.
Reconnaissance mapping determined that the gravels are contained in the upper terraces flanking the river, as well as in two bedrock-confined paleochannels of the river.
Menora will carry out drilling and geophysics in an effort to determine the volume of the contained gravels. It hopes to prove that a sufficiently large volume exists to support bulk-mining.
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