Diamonds found in Brazil
A mining company has found new diamond resources in Brazil.
Sao Luis Mining reported the findings from its latest project in the Brazilian Joint Venture test mining scheme, Property 117.
Jack Lake, president and board chairman of Sao Luis Mining, said that the company expected similar results for Property 117 to a previous project the company undertook in the same area, Property 231.
“A geological report submitted to the department of national mineral production in 2005 defined a surface resource of 12,695,000 carats,” he said.
