Resources round-up: Firestone Diamonds, Edge Resources, Ormonde Mining

Also includes: Europa Oil & Gas, Landore Resources, New World Oil & Gas

Firestone Diamonds jumped 12.9% after the firm reported it had discovered very rare 'type 2' diamonds at its Liqhobong mine in Lesotho. Type 2A diamonds - of which the company found 28 - make up less than 2% of all diamonds and are considered the purest of all diamonds. One of the diamonds found - a blue type 2B - is considerably rarer than that. The company also reported that a 27 carat, fragmented stone was recovered in September, and when reconstructed appeared to have originated from a stone in excess of 200 carats.

Edge Resources rose after it said a regular interim review of its borrowing facilities with the National Bank of Canada had resulted in no changes to any of the terms or conditions of the company's existing borrowing facilities. The company also said it had spudded the first of two wells in Grand Forks, Alberta. The firm's shares rose 3.9% following the announcement.

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