BlueRock Diamonds plc, owner and operator of the Kareevlei Diamond Mine in the Kimberley region of South Africa has recovered a 20.72 carat diamond of gem quality, the Company announced.

“This is the second stone recovered from Kareevlei in excess of 20 carats,” BlueRock stated. “The previous stone was 24.98 carats and sold for US$ 190,000. The sale price of the current stone will be announced following the completion of the October tender.”

Mike Houston, Executive Chairman commented: "I am highly encouraged by the recovery of yet another significant stone which is of a similar quality to a number of other larger stones that we have recovered recently. I look forward to updating the market on the sale price following the completion of the October tender.”