INDIAN JEWELLER

U.S. market improves; Rio Tinto readies for symposium

The symposium will be an opportunity to develop new business ties in U.S.

Post By : Diamond World News Service On 15 March 2010 4:22 PM
India Resources Ltd.(IRL), an Australian diversified miner has acquired five diamond-prospecting leases to mine in Andhra Pradesh located in Southern India. According to Michael Kiernan, IRL Chairman, the area is a rich prospective diamond region with two mapped kimberlite pipes.%%“Preliminary drilling shows diamond associated indicator minerals within the project area. We have several strong anomalies which will be tested as part of an extensive exploration program to investigate for further pipes within the cluster” he mentioned. The project is expected to begin the exploration by 2008.

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