DIAMOND EXPLORATION – First kimberlite found in Madagascar

MADAGASCAR - Less than 18 months after launching its diamond exploration program in Madagascar, Montreal-based MAJESCOR RESOURCES and its partner MADAGASCAR MINING DEVELOPMENT have found the first known kimberlite in that country.

The body occurs near surface as a very weathered dike some 0.5 to 1.0-m thick, with frequent coarse nodular texture (up to 3 cm). The kimberlite dike is considered to be the source of the abundant indicator minerals with fragile surface textures as reported in August 2005. Ilmenite is readily visible in the kimberlite, and a rough field concentrate
of the weathered rock has returned ilmenite and chromite.

A deep pit is currently being hand-dug on the kimberlite in order to recover fresh rock for petrography, geochemistry and detailed indicator mineral analysis. The kimberlite is also being simultaneously sampled for diamond. Laboratory results are expected early in the new year.

The Republic of Madagascar is an island nation on the southeast coast of Africa with about 16 million people. The official languages are French and Malagasy. The Malagasy government maintains its website at www.Madagascar.gov.mg.