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Dominion Diamond Corp.
Summary
| Project: | Diavik | |
|---|---|---|
| Deposit: | Diavik | |
| Location: | Canada | |
| Commodities: | Diamonds | |
| Date: | 3/31/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-3-2017: Dominion Diamond Corp. announces a Resource Estimation report for its Diavik deposit at the Diavik project. Updated mineral resources and reserves at Diavik Diamond Mine. The Diavik Diamond Mine is an operating mine producing rough diamonds at | |
| Resources: | (Reserve, P+P): 16.3Mt @ 2.8cpt for 46Mct diamonds contained at project | |
| CP/QP: | [Resources]: Calvin G. Yip, Kari Pollock (Internal) | |
| ABSTRACT: | The Diavik Diamond Mine is an operating mine producing rough diamonds at its remote site at Lac de Gras in the Northwest Territories. The Diavik Diamond Mine is operated through a joint venture (the “Diavik Joint Venture”) between Dominion Diamond Diavik Limited Partnership (“DDDLP”) and Diavik Diamond Mines (2012) Inc. (“DDMI”), where DDDLP holds an undivided 40% ownership interest in the assets, liabilities and expenses of the Diavik Diamond Mine. DDDLP is headquartered in Yellowknife in the Northwest Territories, Canada and is a wholly-owned subsidiary of Dominion Diamond Corporation. The mine is managed and operated on behalf of the Diavik Joint Venture by DDMI, a wholly owned subsidiary of Rio Tinto plc of London, England. Notwithstanding corporate name changes, ownership and management of the mine and the joint venture have not changed during the project. Mr. Calvin Yip, P.Eng. and Ms. Kari Pollock, P.Geo. have prepared this technical report on the mineral resources and mineral reserves of the Diavik Diamond Mine in the Northwest Territories, Canada. The mine has operated and produced continuously since 2003 with a current mine plan which extends until 2025. The mine is operated through the Diavik Joint Venture, which is an unincorporated joint arrangement between DDDLP and DDMI, whereby DDDLP and DDMI each hold a 40% and 60% interest, respectively, in the assets, liabilities and expenses of the Diavik Diamond Mine. DDDLP is headquartered at Yellowknife, Canada and is a wholly-owned subsidiary of Dominion Diamond Corporation. This ownership arrangement has remained unchanged through the mine’s development. The mine is managed and operated on behalf of the Diavik Joint Venture by DDMI, a wholly owned subsidiary of Rio Tinto plc of London, England. | |
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