Paragon Diamonds completes Lemphane Water Pipeline Contract

AIM-listed Paragon Diamonds has completed its water supply pipeline to the Lemphane bulk sampling plant and commenced delineation drilling on the kimberlite.

Stephen Grimmer, Managing Director of Paragon, said: "The functioning water supply system will overcome past difficulties associated with recent droughts in Lesotho, and allow us to accelerate and rapidly complete our present bulk sampling program.

"We anticipate that drilling will also proceed rapidly, and allow us to develop a greater understanding of the Lemphane Kimberlite at depth, in particular, an accurate volume determination".

MF