Wednesday, January 04, 2006

Mining: Moydow and Angola's state diamond company, sign agreement

Brian Kiernan, President and CEO of Moydow Mines International Inc.,has announced in a press release, that Moydow has signed an agreement with the Angolan state diamond company, Endiama, to explore for kimberlitic or primary diamonds on the Dala Licence in Angola.

Mr Kiernan said "The Dala Licence is probably one of the most prospective areas for kimberlitic diamonds in the whole country, and we are exploring aggressively on the property".