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Miner Interested in Exploring the Argyle 'runoff'

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Odessa Minerals, a mining company based in Australia, has applied for two exploration permits to investigate an alluvial deposit south of the defunct Argyle mine, believing it contains diamond "runoff" from the storied mine.

The Argyle South area is a 40-kilometer route that delivered diamonds from eroding Argyle kimberlite pipes through several drainage systems and into Lake Argyle, according to a report released last week by Odessa Diamond Corporation. Diamonds were discovered in 25 of the 27 bulk samples acquired during previous prospecting of the region. As Odessa noted, the project was put on hold due to low diamond prices at the time it was being considered.

So far, the miner has discovered rough diamonds ranging in size from 1 to 6 millimeters and in colors ranging from clear to smokey cognac, but he believes there may be more, more significant hues to be discovered.

According to the business, “As the source is Argyle, it is presumed that the alluvial channels have the potential to also host Argyle pink diamonds,”

Odessa's first entry into the East Kimberley region is with this project, which is a first for the company. Also located in West Kimberley are the Aries Kimberlite Pipes and the Ellendale Diamond Fields, both of which are operated by the company.

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