Burgundy Diamond Mines Limited announced the recovery of its first diamond at the Ellendale Diamond Project after recently reaching the final stages of commissioning of the bulk sample plant at Blina. The Company has now started to ramp up throughput rates at the plant on site in the Kimberley. This has resulted in Burgundy recovering its first diamond from Ellendale earlier this week: a 1.51 carat octahedral Fancy Yellow stone, pictured here.

Building up operating rates will allow the team to continue enhancing their knowledge and understanding of this innovative plant design, which was shipped from South Africa to Perth in March before being transported to site last quarter, with the Company reiterating that first commercial production of diamonds is expected in Fourth Quarter Exploration activities continue onsite including drilling programs intended to update resource models and complete a Scoping Study to define development options or the Blina and Ellendale projects, which together comprise the Ellendale Diamond Project. This development demonstrates the significant potential of Burgundy's innovative strategy of a vertically ntegrated business model to capture the full margins across the diamond value chain.