Karelian Diamond Resources PLCLSE Karelian Diamond Stock Report

Karelian Diamond Resources Plc engages in diamonds exploration business. The company is headquartered in Dublin, Dublin. The company went IPO on 2005-09-01. The Company’s diamond projects in Finland are based on the diamond prospectively of the Karelian Craton. The Company’s projects include Lahtojoki Diamond Project and Seitapera Diamond Project. The Lahtojoki diamond deposit, located in the Kuopio Kaavi region of Finland. The location of the deposit infrastructure includes road access and power distribution, together with local technical and logistics availability. The Seitapera Diamond Project is located in Kuhmo, Eastern Finland, near the Russian border. Seitapera Diamond Project is a kimberlite pipe in Finland, with a surface area of approximately 6.9 hectares (Ha) and drilling and analysis of drill core by the Company from the pipe has recovered seventy-four diamonds, including six macro-diamonds, predominantly from xenolith-rich zones within the Seitapera kimberlite pipe.