Diamcor Mining Inc. Announces Participation at the NobleCon 18 Annual Investor Conference

Rhea-AI Summary

Diamcor Mining Inc. (OTCQB-DMIFF) will participate in NobleCon18, scheduled for April 21, 2022, at the Hard Rock Hotel, Florida. CEO Dean Taylor will present at 1:30 PM ET and will engage with attendees during breakout sessions on April 20. The presentation will be available via a high-definition webcast on their website and Noble’s platform the following day. Diamcor is known for its diamond mining operations in South Africa and has a strategic alliance with Tiffany & Co. to purchase future production from its Krone-Endora at Venetia Project.

Positive

• Diamcor is participating in NobleCon18, enhancing visibility among investors.
• The high-definition webcast broadens access to potential investors and stakeholders.
• The long-term strategic alliance with Tiffany & Co. may provide guaranteed sales of future diamond production.

Negative

• None.

KELOWNA, BC / ACCESSWIRE / April 14, 2022 / Diamcor Mining Inc. (TSX-V.DMI), (OTCQB-DMIFF), (FRA:DC3A), ("Diamcor" or, the "Company") announced today that its CEO, Mr. Dean Taylor will attend and be presenting at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference at the Hard Rock Hotel & Casino, Hollywood, Florida - on Thursday April 21, 2022 at 1:30 pm ET in Seminole Ballroom A. There is also the opportunity to meet with management at our Breakout Sessions scheduled on Wednesday April 20^th, 12:15 pm ET - Table 4 and 3:15 pm ET - Table 12.

A high-definition, video webcast of the presentation will be available the following day on the Company's website www.diamcormining.com and as part of a complete catalog of presentations available at Noble Capital Markets' Conference website: www.nobleconference.com and on Channelchek www.channelchek.com the investor portal created by Noble. The webcast will be archived on the company's website, the NobleCon website and on Channelchek.com for 90 days following the event

About Diamcor Mining Inc.

Diamcor Mining Inc. is a fully reporting publicly traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established operational and production history in South Africa and extensive prior experience supplying rough diamonds to the world market.

About Noble Capital Markets, Inc.

Noble Capital Markets ("Noble") is a research driven investment bank that has supported small & microcap companies since 1984. As a FINRA and SEC licensed broker dealer Noble provides institutional-quality equity research, merchant and investment banking, and order execution services. In 2005, Noble established NobleCon, an investor conference that has grown substantially over the last decade. Noble launched www.channelchek.com in 2018 - an investor community dedicated exclusively to public small and micro-cap companies and their industries. Channelchek is the first service to offer institutional-quality research to the public, for FREE at every level without a subscription. More than 6,000 public emerging growth companies are listed on the site, with growing content including research, webcasts, podcasts, and balanced news.

About the Tiffany & Co. Alliance

The Company has established a long-term strategic alliance and first right of refusal with Tiffany & Co. Canada, a subsidiary of world famous New York based Tiffany & Co., to purchase up to 100% of the future production of rough diamonds from the Krone-Endora at Venetia Project at then current prices to be determined by the parties on an ongoing basis. In conjunction with this first right of refusal, Tiffany & Co. Canada also provided the Company with financing to advance the Project. Tiffany & Co. is owned by Moet Hennessy Louis Vuitton SE (LVMH), a publicly traded company which is listed on the Paris Stock Exchange (Euronext) under the symbol LVMH and on the OTC under the symbol LVMHF. For additional information on Tiffany & Co., please visit their website at www.tiffany.com.

About Krone-Endora at Venetia

In February 2011, Diamcor acquired the Krone-Endora at Venetia Project from De Beers Consolidated Mines Limited, consisting of the prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares directly adjacent to De Beers' flagship Venetia Diamond Mine in South Africa. On September 11, 2014, the Company announced that the South African Department of Mineral Resources had granted a Mining Right for the Krone-Endora at Venetia Project encompassing 657.71 hectares of the Project's total area of 5,888 hectares. The Company has also submitted an application for a mining right over the remaining areas of the Project. The deposits which occur on the properties of Krone and Endora have been identified as a higher-grade "Alluvial" basal deposit which is covered by a lower-grade upper "Eluvial" deposit. The deposits are proposed to be the result of the direct-shift (in respect to the "Eluvial" deposit) and erosion (in respect to the "Alluvial" deposit) of material from the higher grounds of the adjacent Venetia Kimberlite areas. The deposits on Krone-Endora occur in two layers with a maximum total depth of approximately 15.0 metres from surface to bedrock, allowing for a very low-cost mining operation to be employed with the potential for near-term diamond production from a known high-quality source. Krone-Endora also benefits from the significant development of infrastructure and services already in place due to its location directly adjacent to the Venetia Mine.

Qualified Person Statement:

Mr. James P. Hawkins (B.Sc., P.Geo.), is Manager of Exploration & Special Projects for Diamcor Mining Inc., and the Qualified Person in accordance with National Instrument 43-101 responsible for overseeing the execution of Diamcor's exploration programmes and a Member of the Association of Professional Engineers and Geoscientists of Alberta ("APEGA"). Mr. Hawkins has reviewed this press release and approved of its contents.

On behalf of the Board of Directors

Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.
www.diamcormining.com

For further information contact:

Mr. Dean H. Taylor
Diamcor Mining Inc
DeanT@Diamcor.com
+1 250 862-3212

Mr. Rich Matthews
Integrous Communications
rmatthews@integcom.us
+1 (604) -757-7179

This press release contains certain forward-looking statements. While these forward-looking statements represent our best current judgement, they are subject to a variety of risks and uncertainties that are beyond the Company's ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements. Further, the Company expressly disclaims any obligation to update any forward looking statements. Accordingly, readers should not place undue reliance on forward-looking statements.

WE SEEK SAFE HARBOUR

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Diamcor Mining Inc.

View source version on accesswire.com:
https://www.accesswire.com/697578/Diamcor-Mining-Inc-Announces-Participation-at-the-NobleCon-18-Annual-Investor-Conference

FAQ

When will Diamcor Mining present at NobleCon18?

Diamcor Mining will present at NobleCon18 on April 21, 2022, at 1:30 PM ET.

What is the focus of Diamcor Mining's presentation at NobleCon18?

The presentation will cover the company's diamond mining operations and strategic initiatives.

How can I access the Diamcor Mining presentation from NobleCon18?

The presentation will be available via a high-definition webcast on Diamcor's website and Noble's conference site the day after.

What strategic partnership does Diamcor Mining have with Tiffany & Co.?

Diamcor has a strategic alliance with Tiffany & Co. Canada for purchasing up to 100% of future diamond production from the Krone-Endora at Venetia Project.

What is the significance of the Krone-Endora at Venetia Project?

The Krone-Endora Project is a key asset for Diamcor, located adjacent to De Beers' flagship Venetia Mine, offering potential for high-quality diamond production.