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AGD Diamonds celebrated 23 years since discovery of Grib diamond deposit

22 february 2019

Last Tuesday, AGD Diamonds, a Russian diamond company, celebrated 23 years since the discovery of the Grib diamond deposit, the fourth largest diamond deposit in Russia and the seventh in the world.
"This is the largest diamond asset on the planet discovered over the past ten years," the company said with regard to this anniversary. 
            Image credit: AGD Diamonds

From 1992 to 2000, «Arkhangelskgeologia» (now AGD Diamonds) identified the most promising area on the territory of the Verkhotinsky kimberlite field for geological exploration programs.
During the diamond exploration program eight kimberlite pipes were identified, one of which AGD re-drilled and sampled. The samples analyzed in the company's laboratory showed the presence of diamond indicator minerals and 20 micro diamonds were recovered.
In November 1996, the Verkhotinskoye diamond field officially received the name of Grib, given to it after Vladimir Grib, the former AGD chief geologist, who made a great contribution to the discovery of the Arkhangelsk diamondiferous province, the company says.
This year, AGD Diamonds was granted three more licenses for diamond exploration, including exploration and evaluation of diamond deposits, in the Mezensky District of the Arkhangelsk Province. These include the Razlomnoe, Torfyanoe and Yuzhno-Verkhotinskoe targets. The company also received an exploration license for the Krugly area on December 5, 2018.  
The areas where the company will conduct diamond exploration are located close to the Grib diamond deposit, which is being developed by the miner.  

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg