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Camphor Ventures Inc.'s Joint Venture Submits Application for Construction and Operating Permits for NWT Mine; Production Expected to Average Three Million Carats Annually Over 15 Years.

Publication: Business Wire
Publication Date: 02-DEC-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
VANCOUVER, British Columbia -- Camphor Ventures Inc. (TSX VENTURE:CFV) (the "Company") is pleased to announce that its operating partner of the Gahcho Kue joint venture, De Beers Canada Inc., has filed an application with the Mackenzie Valley Land and Water Board for the permits required to construct and operate a diamond mine at Gahcho Kue. The Gahcho Kue project is a joint venture between Camphor Ventures Inc. (4.9 per cent), Mountain Province Diamonds Inc. (44.1 per cent) and De Beers Canada (51 per cent).

"The submission of the applications for the permits required to construct and operate the diamond mine represents a milestone for the Gahcho Kue joint venture and Camphor Ventures Inc.," said Raj Chowdhry, president...

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