Diamcor Announces Strong Tender and Sales Results Including Several Gem Quality Diamonds in the Specials Category

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Nov 15, 2022

KELOWNA, BC / ACCESSWIRE / November 14, 2022 / Diamcor Mining Inc. (TSX-V:DMI)(OTCQB:DMIFF)(FRA:DC3A, Financial), ("Diamcor" or, the "Company") announces today the results of its first tender and sale of rough diamonds recovered from the processing of quarry material from the Company's Krone-Endora at Venetia Project (the "Project") held during the current quarter. In the first tender and sale of its third fiscal quarter, the Company sold a total of 5,518.74 carats of rough diamonds including several rough diamonds in the Specials (+10.8 carats) category, with the largest being 43.55 carats in size, generating gross revenues of USD $1,472,471.03, resulting in an average price of USD $266.81 per carat. The total carats sold in this initial sale of the current quarter represents a 148% increase in the carats sold during the previous quarter.