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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Karelian Diamond Resources Plc | LSE:KDR | London | Ordinary Share | IE00BD09HK61 | ORD EUR0.00025 (CDI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 7.27% | 2.95 | 2.70 | 3.20 | 2.95 | 2.75 | 2.75 | 728,786 | 12:42:23 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Nonmtl Minrls, Ex Fuels | 10k | -291k | 0.0000 | N/A | 215.39M |
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Karelian Diamond Resources plc
("Karelian Diamonds" or "the Company")
22 January 2018
EXPLORATION CLAIM GRANTED OVER KIMBERLITE BOULDER AREA
* Claim Located in Kaavi Region of Finland, Close to Lahtojoki Mining
Concession
* Kimberlite Boulders Previously Discovered in Claim Area
* The Claim is Subject to 30 Day Appeal Period
Karelian Diamond Resources plc ("Karelian Diamonds") (AIM: KDR), is pleased to
announce that it has today been informed that TUKES (The Finnish Mining
Authority) has granted Karelian an Exploration Claim in the Kaavi region of
Finland.
The Claim, which is close to the Company's Lahtojoki mining concession, covers
an area of 28.84 Hectares surrounding the location where kimberlite boulders in
till have been discovered (as announced on 12 January 2017). The permit has
been granted for a period of four years.
An exploration permit provides the holder with an exclusive right to apply for
a mining permit.
The Claim is subject to a 30 day appeal period.
Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented:
"I am delighted that Karelian Diamonds has been granted an exploration claim in
the area where the recently discovered kimberlite boulders suggest the presence
of an undiscovered Kimberlite source."
Further Information:
Professor Richard Conroy, Chairman, Karelian Diamond Tel: +353-1-479-6180
Resources plc
Virginia Bull / James Thomas / Nick Harriss, Allenby Tel:
Capital Limited (Nomad) +44-20-3328-5656
Jon Belliss / Elliot Hance, Beaufort Securities Tel:
Limited (Broker) +44-20-7382-8300
Michael Padley, Lothbury Financial Services Limited Tel:
+44-20-3290-0707
Don Hall, Hall Communications Tel: +353-1-660-9377
www.kareliandiamondresources.com
END
(END) Dow Jones Newswires
January 22, 2018 08:25 ET (13:25 GMT)
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