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[Orchid] Purple Diamonds Discovered  
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From: Diane
Date: Tue Apr 01 20:35:38 2008
 
     
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    From the Gemstone Forecaster Newsletter.preciousgemstones.com. 

    In March, Dianor Resources discovered a sample of rare purple
    diamonds at its Ekomiak V property in the James Bay region of Quebec,
    Canada. The new diamond discovery is the largest to date in Quebec.
    The diamond-bearing Ekomiak Conglomerate extends for four kilometers
    and up to 500 meters in width with individual outcrops measuring 500
    meters by 400 meters in size. Some reports claim they found 9 and
    others 16 micro purple diamonds. They found 856 diamonds from 26
    surface rock samples over 2.7 billion years old. The largest diamond
    was a colorless measuring 1.06 mm x 0.98 mm x 0.56 mm. The largest
    purple found is of 335 x 379 x 225 microns. The company announced in
    February plans to raise $10 million in a private placement to cover
    expenses in hopes of finding some larger purples. Of course, purple
    is one of the rarest and most desirable colored diamond colors. A new
    supply would be nirvana for collectors.
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