Negotiations are ongoing. In Angola the Company has been approached by an influencial local group with the object of obtaining the exploration rights over an extremely interesting and potentially rich diamond bearing area. The project is situated in the Maudi region. Surrounding areas have already been prospected and the Maludi region stands out for diamonds of special quality, gems of superior carat weight and various different colors. There is also a kimberlite shaft in the region that crosses from north to south across the Lunda province.
Negotiations are ongoing.
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