Project overview
About this development
Stellar Diamonds holds a 9.98 km² license in eastern Sierra Leone, located in the heart of the well known Tongo Diamond fields in Sierra Leone. Since 2007 Stellar has carried out systematic and extensive exploration programmes which have culminated in the establishment of a JORC compliant diamond resource of just over 1 million carats. An independent economic scoping study has indicated robust economics for the development of an underground diamond mine on the Tongo project. The current underground mine plan is configured as a series of declines from surface at Tongo, Kundu and Lando. The project has an expected capital expenditure of $31.8 million. GPS coordinates lat: 8.22658, long: -11.07538
Project at a glance
Tongo-Tonguma Diamond Project, Sierra Leone is located in Sierra Leone. The project is classified in the Private sector. Its current recorded stage is Underway. The recorded project value is R 200 Million+.