Southenera Diamonds Inc (SDM)

[drsilicone]

Klipspringer Joint Venture
• BUILT AND OPERATED BY SOUTHERNERA
• JOINT VENTURE - 57% SOUTHERNERA / 43% NAKA
• 2.6 KM DECLINE – BUILT IN 15 MONTHS
• MINE LIFE APPROXIMATELY 10 YEARS
• FULL PRODUCTION 30,000 TPM; 46.5 CPHT; 151,200 CARATS PER ANNUM
• SOUTH AFRICA’S 3RD HIGHEST VALUE GEM DIAMONDS
• SUSPENDED DECEMBER 2003 DUE TO STRENGTH OF SOUTH AFRICAN RAND
• TRIAL MINING BEGAN IN SEPTEMBER 2006

In December 2006, SouthernEra announced that the implementation of a new mining method during the trial mining program (that) increased the revenue per ton by 94%.



*from southernera.com