Dominion Diamond Corporation Files Updated Technical Report for the Ekati Diamond Mine
September 15 2016 - 6:35AM
Business Wire
Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the
“Company” or “Dominion”) is pleased to announce the Company has
filed a technical report under National Instrument 43-101 for the
Ekati Diamond Mine which includes an updated mineral reserves and
mineral resources statement with an effective date of July 31,
2016. The report, entitled “Ekati Diamond Mine, Northwest
Territories, Canada, NI 43-101 Technical Report”, may be found
under the Company's profile on SEDAR and on the Company’s web site
at www.ddcorp.ca.
The technical report has been based on a life-of-mine plan that
has been updated from the version provided with the release of the
Jay Feasibility Study results on July 6, 2016. The updates to the
life-of-mine plan include the impact of the process plant fire that
occurred at the Ekati mine on June 23, 2016, and take into account
the results from the recent production trials at Misery Main and
Pigeon.
About Dominion Diamond CorporationDominion Diamond
Corporation is the world’s third largest producer of rough diamonds
by value. Both of its production assets are located in the low
political risk environment of the Northwest Territories in Canada
where the Company also has its head office. The Company is well
capitalized and has a strong balance sheet.
The Company operates the Ekati Diamond Mine and also owns 40% of
the Diavik Diamond Mine. Between the two mining operations,
diamonds are currently produced from a number of separate
kimberlite pipes providing a diversity of diamond supply as well as
reduced operational risk. It supplies premium rough diamond
assortments to the global market through its sorting and selling
operations in Canada, Belgium and India.
For more information, please visit
www.ddcorp.ca
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version on businesswire.com: http://www.businesswire.com/news/home/20160915005718/en/
Dominion Diamond CorporationInvestor
RelationsMs. Kelley Stamm, 416-205-4380Manager, Investor
Relationskstamm@ddcorp.ca