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25-carat diamond unearthed

http://www.thestar.com/Business/article/453110 [2008-7-4]

Tag : mine drill

Mountain Province Diamonds Inc. has discovered a 25-plus carat,gem-quality diamond at its Gahcho Kue mine in the NorthwestTerritories, a find it says is the largest gem-quality diamond everrecovered from a Canadian exploration drill program.

The diamond was recovered from the Tuzo bulk sampling program atthe mine, a joint venture between Mountain Province and De BeersCanada Inc.

The diamond is a perfect ice crystal and has been independentlyvalued at approximately $17,500 per carat, putting its value atabout $440,000. Gem quality diamonds of between 9.9 and 4.9 caratshave been recovered from the project.

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