Thursday, September 19 14:55:14
Irish miner, Karelian Diamond Resources, has submitted applications to extend its claim reservation area near Kuhmo in Eastern Finland.
The move follows a review of exploration results at its Riihivaara diamond exploration target.
Riihivaara lies approximately 10km southeast of the company's Seitapera kimberlite target which, at 6.9 hectares, is the largest kimberlite pipe to be discovered in Finland.
Under its agreement with Rio Tinto Mining and Exploration, the company has also applied for additional diamond exploration licences elsewhere in Finland.
Commenting, company chairman Professor Richard Conroy described the applications as "further important steps in our diamond exploration programme in Finland."