Proven and Probable

Diamcor Mining - Prudent Capital is Investing in Diamonds!


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TimeStamp:
:33 Why is Prudent Capital Investing in the Diamond Space
3:29 What about Synthetic Diamonds
4:41 How Does Diamcor Mining fit into the Narrative
8:31 Why are De Beer's and Tiffany Strategic Partners of Diamcor Mining
11:43 How have Geopolitics and the World Economy Impact the Diamond Space and Diamcor Mining
15:21 Blackouts, Resiliency, and still Maintained Positive Cashflow
18:46 Operational Milestones for 2023
22:30 News flow Projected this Year
23:41 Capital Structure of Diamcor Mining
25:25 $100M CAD has been invested into DMI, the company is Positive Cashflowing Qtr. over Qtr. and the Market Cap is $20M
28:38 Message to Shareholders
29:55 What did I Forget to Ask
Diamcor Mining: (TSX.V: DMI | OTCQB: DMIFF)
Website: https://www.diamcormining.com/
Contact:
Mr. Rich Matthews
+1 (604) 757-7179
Diamcor Mining Inc. is a fully reporting publically traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established prior operational and production history in South Africa, extensive prior experience supplying rough diamonds to the world market, and has established a long-term strategic alliance with world famous Tiffany & Co. Rather than exposing itself to the high risks and costs associated with traditional exploration, the Company’s focus is on the identification, acquisition, and operation of unique diamond projects with near-term production potential such as the Krone-Endora at Venetia Project.
The Krone-Endora at Venetia project was acquired from De Beers and is co-located directly adjacent to the De Beers Venetia Diamond Mine in the Limpopo province of the Republic of South Africa, approximately 500 km north-northeast of Johannesburg. The Venetia mine is the 3rd largest diamond mine in the world, and South Africa's largest producer of diamonds, accounting for over 50% of South Africa's annual output. A high percentage of the diamonds produced at Venetia are reported as being gem quality, with the rest sold for industrial uses. Given the Krone-Endora projects location directly adjacent to the established Venetia mine, many operational benefits are obvious. In addition to this, both the previous exploration and the NI43-101 report concluded that the deposit on Krone-Endora at Venetia was not only an alluvial deposit, but also a rare eluvial deposit indicating a direct shift of material from the higher grounds of the Venetia Kimberlite clusters onto the lower surrounding areas of Krone-Endora. Given the eluvial nature of the deposit and its location directly adjacent to the source, the diamondiferous gravels at Krone-Endora at Venetia appear much more consistent in nature with initial grades from drilling and bulk testing much higher than that of typical alluvial type deposits.
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