| Risk and valuation analysis of the Blue Gum Project |
| Status Risk : Care and Maintenance |
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| Title(s) of the Blue Gum Project |
 | Rockwell Diamonds Inc.
Interest: 74% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| March 15, 2010 -ROCKWELL Diamonds is to buy the Blue Gum diamond operation near Ventersdorp from Etruscan Diamonds for R33.5m, (about C$4.65m) payable in Rockwell equity. |
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| Location of the Blue Gum Project |
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Gum property is adjacent to the property on which the Tirisano Diamond Mine is located within the Ventersdorp alluvial diamond district.
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| History of the Blue Gum Project |
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The Blue Gum deposit is part of the Tirisano Diamond Mine. In 2004 it was owned jointly by Etruscan and Mvelaphanda Exploration, a joint venture between Mvelaphanda Resources and Trans Hex.
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| Geology of the Blue Gum Project |
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Alluvial diamonds in the Ventersdorp District are found in diamondiferous gravel runs related to palaeo-drainage systems which drained generally from north to south. Many gravel runs are covered by reddish alluvial sandy soil, mainly derived from wea more...
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