WAD West African

 

TIDMWAD 
 
RNS Number : 2638O 
West African Diamonds PLC 
04 March 2009 
 
WEST AFRICAN DIAMONDS PLC 
 
GUINEA UPDATE 
Highlights: 
 
 
*  Mine commissioning to commence at Bomboko in March, production April 
*  A plant to allow bulk sampling of the Droujba kimberlites has been set up and 
is being commissioned 
*  A drill rig is on site at Droujba. Drilling to define the size of the 
kimberlites will commence in March 
 
 
The board of West African Diamonds plc, the AIM listed diamonds and precious 
metals explorer and developer (AIM: WAD), is pleased to provide an update on its 
activities in Guinea. 
 
 
Engineering work is completed on our Bomboko alluvial mine located near the 
Aredor diamond mine. Pre-production testing will commence towards the end of 
March followed by production in April. The mine will commence operations with a 
10 foot Pan Plant capable of treating 7,000 tonnes a month. Initial production 
will be from a stockpile adjacent to the plant. A 16 foot Pan Plant supported by 
a 46 tonne excavator will be installed during April. This will enable an 
increase in production to 18,000 tonnes a month. 
 
 
A mobile Dense Media Separation (DMS) unit has been installed and commissioned 
on the Droujba kimberlite licence. A drill rig has arrived and is being 
commissioned. A drill programme to bulk sample the kimberlites and the 
geophysical targets identified on the surrounding ground will start within 
weeks. 
 
 
James Campbell, Deputy Chairman of West African Diamonds, commented: 
 
 
"Despite the turmoil in the diamond industry, it is good news that we have been 
able to build our Bomboko mine on time and within budget - we have taken the 
asset to the brink of production and look forward to collating our first package 
of diamonds for sale. 
 
 
Diamonds are scarce and remain highly desirable in both consumer and industrial 
markets. Whilst the current lack of credit may reduce prices or even cause a 
postponement of sales due to the hits taken by the sightholders, we are 
confident that the long term future for the quality of diamonds from Guinea is 
bright. 
 
 
Droujba is a fine prospect. We eagerly await the results of the bulk sampling. 
With production from Bomboko and a number of attractive development and 
exploration projects, significant value has been uncovered in a short period. We 
believe WAD remains an attractive overall package." 
 
 
 
 
Enquiries: 
 
 
+------------------------------------+----------------------------+ 
| West African Diamonds              | www.westafdiamonds.com     | 
+------------------------------------+----------------------------+ 
| John Teeling, Chairman             | + 353 1 833 2833           | 
| James Campbell, Deputy Chairman    | +27 83 457 3724            | 
|                                    |                            | 
+------------------------------------+----------------------------+ 
| Blue Oar                           | +44 (0)20 7448 4400        | 
| Nick Lovering                      |                            | 
| Toby Gibbs                         |                            | 
|                                    |                            | 
+------------------------------------+----------------------------+ 
| College Hill                       | +44 (0) 20 7457 2020       | 
| Paddy Blewer                       |                            | 
| Nick Elwes                         |                            | 
+------------------------------------+----------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCUOOBRKBRORAR 
 

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