Sunrise Applies for WA Diamond and Gold Licence

2 November 2009 (Last Updated November 2nd, 2009 18:30)

Sunrise Diamonds is looking to explore for diamonds, gold and platinum group metals in Western Australia. The ELA20/727 exploration licence application includes an area of nearly 70km2 situated 70km to the north-west of the town of Cue in the Yilgarn Craton of Western Australia.

Sunrise Diamonds is looking to explore for diamonds, gold and platinum group metals in Western Australia.

The ELA20/727 exploration licence application includes an area of nearly 70km2 situated 70km to the north-west of the town of Cue in the Yilgarn Craton of Western Australia.

De Beers explored the Cue area between 1994 and 2001 and found numerous kimberlite dykes in two distinct areas in the application area.

After these discoveries De Beers said the region has “excellent potential for discovery of kimberlites and diamonds”.

De Beers said anomalous heavy mineral results from the area suggest that additional kimberlite intrusions remain to be found.

The Cue project is the first of several new projects planned by the company to widen its geographical base and broaden its commodity interests which have been concentrated on diamond exploration work in Finland.