Shear Diamonds engages DRA Americas to evaluate Jericho diamond recovery plants

0000144948_resized_jericho.jpgShear Diamonds has engaged the services of DRA Americas to evaluate the existing diamond recovery plant at the Jericho diamond project, Nunavut. DRA is a world leader in the design and engineering of mineral process solutions with experience specific to Canada’s Northern diamond industry. “DRA’s extensive diamond industry experience gives us confidence that we can properly assess the existing diamond recovery plant at Jericho and take the appropriate next steps,” says Julie Lassonde, Executive Chairman of Shear. “We look forward to working with DRA.”

DRA has prepared an initial assessment based on a recent site visit. Recommendations from this assessment have been incorporated into Shear’s 12 to 18 month business plan.

Shear is a Canadian-based company focused on diamond exploration and development in Canada’s North, where it explores established diamond districts and has discovered new ones. Shear currently has a portfolio of eight diamond projects, including three advanced projects with development potential. Shear holds a 100% interest in its recently acquired Jericho diamond mine and surrounding exploration assets, located in the Kitikmeot region of Nunavut.