Rockwell Recovers 66 Carat Stone from Holpan, 124 and 145 Carat Stones from Saxendrift
Wednesday, June 30th, 2010
Rockwell Diamonds Inc. (TSXV: RDI; JSE: RDI; OTCBB: RDIAF) reports details of large stones recovered from its Holpan and Saxendrift operations, as well as 2010 calendar year to date rough diamond sales.
Rockwell currently operates the Holpan and Klipdam mines north of Kimberley, and the Saxendift mine on the Middle Orange River (“MOR”) southwest of Kimberley. The Wouterspan mine, also located on the MOR, is currently on care and maintenance. All of these operations are located in the Northern Cape Province of South Africa.
Large Diamonds of over 50 carats
During April and May 2010, Rockwell recovered three large gemstone diamonds from its Holpan and Saxendrift operations.
A 66-carat stone clean white (colour E to F) elongated and slightly flattened stone with minor inclusions was recovered from the Holpan operation during April 2010.
At Saxendrift, stones of 124 and 145 carats were recovered during May 2010.
* The 124-carat stone is F to G in colour, blocky and resorbed in shape and appearance, and has a line of inclusion set along an internal flaw.
* The 145-carat Saxendrift stone is a light yellow (“Cape”), with rounded octahedral shape and inclusions.
These large stones have been sold into Rockwell’s joint venture agreement with Steinmetz Diamond Group (“SDG”) and, once manufactured and sold as polished goods, will provide additional profit share revenue to the Company.