Post by Franko10 ™ on Sept 16, 2004 10:43:17 GMT -5
Diagem International Resource Corp. is pleased to announce that the Brazilian government department responsible for mineral production (the “DNPM”) has granted the Company its first Certificate of Origin, becoming one of the first companies to receive such a certificate in the State of Mato Grosso, Brazil. This gives the Company the status of exporter of diamonds in accordance with the strict rules and regulations of the Kimberley Process.
The first trial shipment of diamonds will leave Brazil for Antwerp today and will be received by Natural Diamond Corp., our diamond marketer of choice. The diamonds will then be categorized and valued, providing valuable information to be integrated into the exploration process. The Company will add further value to the diamonds by selecting those suitable for cutting and polishing. Once a sufficiently sized parcel of diamonds is obtained, the Company will make its first sale.
Natural Diamond Corp. is a highly respected diamond marketing company, based in Antwerp, Belgium that markets diamonds from diamond producers all over the world.
The Kimberley Process requires that the global diamond industry controls the flow of diamonds from their place of origin to market. Originally designed to stem the flow of diamonds funding civil wars in Africa, this process has been adopted by most governments as a way to formalize previously informal diamond production and trading. As a consequence Brazil’s diamond industry, historically very informal, is evolving into a more regulated one. This can only be to the benefit of professionally managed companies, such as Diagem, seeking to operate on a long term commercial basis.
DIAGEM is a diamond exploration company with projects in Brazil. The Company also has interests in Canada through its 40% equity position in KWG Resources Inc. (KWG :TSXV), and is currently funding exploration drill programs, in Northern Ontario, on both kimberlite prospects and a volcanogenic massive sulphide (“VMS”) discovery.
For and on behalf of
DIAGEM International Resource Corp.
"Dr. Mousseau Tremblay"
President
The first trial shipment of diamonds will leave Brazil for Antwerp today and will be received by Natural Diamond Corp., our diamond marketer of choice. The diamonds will then be categorized and valued, providing valuable information to be integrated into the exploration process. The Company will add further value to the diamonds by selecting those suitable for cutting and polishing. Once a sufficiently sized parcel of diamonds is obtained, the Company will make its first sale.
Natural Diamond Corp. is a highly respected diamond marketing company, based in Antwerp, Belgium that markets diamonds from diamond producers all over the world.
The Kimberley Process requires that the global diamond industry controls the flow of diamonds from their place of origin to market. Originally designed to stem the flow of diamonds funding civil wars in Africa, this process has been adopted by most governments as a way to formalize previously informal diamond production and trading. As a consequence Brazil’s diamond industry, historically very informal, is evolving into a more regulated one. This can only be to the benefit of professionally managed companies, such as Diagem, seeking to operate on a long term commercial basis.
DIAGEM is a diamond exploration company with projects in Brazil. The Company also has interests in Canada through its 40% equity position in KWG Resources Inc. (KWG :TSXV), and is currently funding exploration drill programs, in Northern Ontario, on both kimberlite prospects and a volcanogenic massive sulphide (“VMS”) discovery.
For and on behalf of
DIAGEM International Resource Corp.
"Dr. Mousseau Tremblay"
President