United Development International (OTC: UDVE.PK) announced today strategy for the recovery of diamonds on their properties in Guyana. The company will require additional equipment to initiate diamond recovery and is aggressively pursuing capital to facilitate our needs.
Diamonds have a different specific gravity than gold, thus require modified dredging equipment to ensure appropriate recovery is of high standard.
"The regions where our properties are situated in Guyana have some of the most prolific statistics regarding diamond recovery," stated Robert Doherty, company president. "The Mazaruni River and the Cuyuni River in Guyana are No. 1 and 2 respectively in diamond production in the country."
United Development International is quoted on NQB Pink Sheets as "UDVE."
