Vaaldiam Mining: High Diamond Value of US$338 Per Carat at Brauna

Vaaldiam Mining is pleased to rmining equipment for sale in south africaeport that two independent diamond valuation consultants valued 1,013.75 carats ('cts') of rough diamonds recovered from the south lobe of Vaaldiam's Brauna 3 kimberlite pipe ('B3') at an average value of US$338 per carat.

The south lobe bulk sample comprised 4,158 dry tonnes of kimberlite with an average recovered grade of 24.4 cts per hundred tonnes ('cpht') and an average stone size of 0.21 cts per stone. The average global price for rough diamonds is about US$70 per carat. The Brauna property is in Bahia State, Brazil. The two independent, internationally recognized diamond valuation and consulting companies were Diamond Counsellor International ('DCI') of London, U.K., and International Economic Strategy ('IES') of Antwerp, Belgium. The diamonds were sieved and sized to DTC standards and used November prices of rough diamond sales in Antwerp.