Diamonds in the news: Otish Announces Exploration Claims in Northern Quebec's Diamond Exploration Region.
Excerpt:
Otish Mountain Diamond Company, Inc. (OTCBB:OMDC), an American diamond exploration company with rights to 75,000 acres of mining claims for diamond exploration activities located in Northern Quebec, Canada, announces today that, with diamond mining and production activities in Canada experiencing dramatic growth, the Company foresees strong economic potential in its 75,000 acres of diamond exploration claims.
Northern Quebec diamond exploration remains at a very early stage, with the potential for the discovery of world class deposits remaining high when compared to producing countries such as South Africa and Botswana. The relatively unexplored nature of large areas of Canada, along with continuing evolution of geological models for North America, ensures that diamond occurrences will continue to be identified. Quebec has recently experienced a significant number of important diamondiferous kimberlites discoveries.
Posted by GilbertZ at 08:50 PM
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