Kareevlei Project

Kareevlei Mining holds the Mining Right over 3000 hectares in the Northern Cape province of South Africa, approximately 100 kilometres North West of Kimberley.

There are five known diamondiferous kimberlite pipes ranging from <0.5 hectares to 5.6 hectares.  The Inferred Mineral Resource is based on three of the pipes, K1, K2 and K3.  K4 and K5 are the smallest two pipes and have had very limited work carried out.

Mining operations started in 2015 on K2, following an open pit mining plan to mine to a depth of 70m below surface.  Mining at K1, which is 50 metres from K2, is expected to start in 2018 and will be mined in conjunction with K2.