Diamond Results

Sunrise Diamonds PLC 30 November 2006 www.sunrisediamonds.com 30 November 2006 MICRO-DIAMONDS RECOVERED AT TWO RECENT KIMBERLITE TARGETS IN FINLAND • Micro-Diamond Found In Glacial Sediments At Target 295 • Target 295 Kimberlite Source May Be Significantly Diamondiferous • Total 27 Micro-Diamonds Recovered From Target 298 Kimberlite Sample ______________________________________________________________________ Sunrise Diamonds plc ('Sunrise' or 'the Company') is pleased to announce that significant counts of micro-diamonds have been found in association with the two-kimberlite targets in the Kaavi-Kuopio region of south-central Finland described in its October 3rd 2006 announcement. Target 298 At the Company's 100% owned Target 298, kimberlitic material was reported in October to be abundant in glacial gravels suggesting, the Directors believe, a source of significant size. A 20kg composite sample of this kimberlitic material has now been processed at Kennecott Laboratories in Canada. Twenty-seven micro-diamonds have been recovered from this 20kg sample. Twenty-two of the stones were intact, mostly octohedra, and five were fragments. Colours varied from white to brown and all are transparent with little sign of resorbtion. The total weight is 504,263 octacarats (1 carat =10^8 octocarats). The largest stone has dimensions 0.57mm x 0.57mm x 0.31mm. Follow up work is now in progress to trace the source of the diamondiferous kimberlite material. Target 295 At unrelated Target 295, some kilometres away, and where the Company is earning up to a 75% interest from owner Nordic Diamonds Ltd, a single micro-diamond has been recovered during processing of a sample of surface glacial sediments. This is one of a number of samples being processed in order to trace the source of kimberlite fragments found in October. This result corroborates the mineral chemistry from both the kimberlite fragments and the glacial sediments and suggests, the Directors believe, that the source kimberlite may be significantly diamondiferous. The distribution and character of the kimberlite fragments suggest a local source. Further sediment sampling is in progress and geophysics is planned to delineate bedrock targets for drill testing. Lampi The Company has received micro-diamond test results from a 200kg sample of the recently discovered Lampi kimberlite deposit in the Kuusamo cluster in Finland. Only one micro-diamond was recovered and this result does not reconcile with the previous results from processing of initial drill samples which resulted in the recovery of five micro-diamonds from a 10kg sample of the hypabyssal phase of the Lampi kimberlite. These five micro-diamonds were all fragments with longest dimensions between 0.25 and 0.41mm. It is possible that the fragments represent pieces from one or more larger macro-diamonds and that the kimberlite contains few micro-diamonds. The results will therefore be subject to further analysis. 'The results from Targets 295 and 298 are exciting. It is rare to find micro-diamonds in samples of glacial sediments as we have at Target 295 - normally we have to rely on more common kimberlite indicator minerals to characterise the diamond potential of the source kimberlite. Also, the micro-diamond count per kilo from Target 298 is high', said Sunrise Diamonds' Chairman Patrick Cheetham today. Further Info: Patrick Cheetham, Sunrise Diamonds plc. Tel: +44 (0)1625-505947. Mob: +44 (0)7767-458751 John Greenhalgh/Ron Marshman, City of London PR Ltd. Tel: +44 ( 0)20-7628-5518 The information in this release has been compiled and reviewed by Mr. Patrick Cheetham (MIMMM, MAusIMM) who is a qualified person for the purposes of the AIM Guidance Note for Mining Oil & Gas Companies issued on March 16, 2006. Mr Cheetham is a Member of the Institute of Materials, Minerals & Mining and also a member of the Australasian Institute of Mining & Metallurgy. This information is provided by RNS The company news service from the London Stock Exchange
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