| Risk and valuation analysis of the DUAS BARRAS Project |
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| Title(s) of the DUAS BARRAS Project |
 | Vaaldiam Mining Inc.
Interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Vaaldiam holds 100% interest in the Duas Barras diamond property. |
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| Location of the DUAS BARRAS Project |
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The Duas Barras Property (“the Property”) is located in Minas Gerais State, Brazil,
approximately 250 km north of Belo Horizonte, the State capital. It is easily accessible
by asphalt highways from the major air-service cities. A well maintained dirt road
connects the highway to the Property on the left bank of the Jequitinhonha River which
flows north through rolling hills.
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| History of the DUAS BARRAS Project |
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During 2005 and 2006, Vaaldiam completed two systematic drilling programs, using both
percussion and rotary drills, to confirm the presence of diamondiferous gravels and to
determine their areal extent and variable thickness.
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| Geology of the DUAS BARRAS Project |
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Brazil hosts the majority of the South American Platform, the basement of which is
composed of metamorphic and igneous rocks, almost entirely of Precambrian age.
Crystalline shields cover more than one third of the country, and the rest comprises
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