Jan 31 2013
Dolat Ventures Inc. announced today that its Diamond Mining subsidiary Dove Diamonds is expected to begin operations in the lucrative Diamond Reconditioning sector. The Company intends to begin operations in laser drilling and irradiation of diamonds and commented today on the growing economic opportunities in the diamond industry.
Laser Drilling works by using a laser to drill a microscopic hole to remove defects in the form of an inclusion to improve the color and quality of a diamond, therefore, increasing the diamonds value and potential revenues for DOLV. Often times, an acid is also used to bleach out the color to whiten and improve the diamonds quality and value. This is a permanent fix. The drill holes are visible under 10x magnification while looking at the hole at a perpendicular angle. The small indentation can be seen on the surface if viewed with a microscope. Irradiation is a laboratory process that is also used to alter the color of a diamond to increase the diamonds value and quality. High-energy subatomic particles (i.e. protons, neutrons, and electrons) and gamma rays are shot through the diamond altering the carbon structure, thus changing the color. This can be used to disperse a certain color inclusion throughout the whole diamond and can also be used to lighten a diamond.
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Dovid Hauck , President of Dolat Ventures stated, "Our future may be very exciting with this additional revenue source and with the potential of DOLV's gold and timber projects the Company continues to forge ahead. The Company continues to focus on expanding its diamond resources at the Baimbawai Pool on the Sewa River, which has shown exciting potential to date. At current grades and diamond values, the Baimbawai Pool on the Sewa River potentially maybe one of the highest known value per ton kimberlites globally. Dolat is also in preliminary negotiations with other mines within 10 kilometers from Dolat's mines that have an interest in being acquired. There is plenty of opportunity for expansion in diamonds and into gold, timber and other metals. We intend to be drilling and upgrading the resource statement during the fourth quarter of this year and I look forward to updating shareholders as we progress."