WESTERN NUNAVUT - TAHERA DIAMOND CORP. of Toronto continues to make excellent progress on the construction of its Jericho diamond mine. The current schedule projects substantial completion of mine construction by the end of this year, with commercial diamond production targeted at the end of the first quarter 2006.
The 200-person camp was completed and occupied in early May. Construction of the 10-million-litre fuel tank farm is nearing completion. Site earth works and the pouring of concrete foundations are ongoing, and steel erection for the process plant has commenced. The project has an excellent safety record, with 200,000 person-hours worked without a lost time accident. A detailed description and video from the Jericho project are available at www.tahera.com.
Tahera's spring exploration program focused on assessing the Muskox and Anuri kimberlites. Mini-bulk samples from both sites are being processed using caustic fusion, with final results expected during the third quarter.