EXPLORATION & DEVELOPMENT

BHP takes option on Quebec diamond lease

BHP Diamonds, North America's largest diamond producer following its acquisition of Dia Met, is continuing its push into Canada's diamond industry with an option agreement on Majescor Resources' Portage property in central Quebec.

Greg Tubby

Majescor said BHP has approved a US$1.1 million exploration and acquisition budget comprised of extensive airborne geophysical surveys and heavy mineral sampling. Previous sampling on the property identified...

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