TIDMFDI

RNS Number : 4714S

Firestone Diamonds PLC

03 October 2017

3 October 2017

Firestone Diamonds plc

("Firestone" or the "Company") (AIM: FDI)

Recovery of 134 carat gem-quality diamond

Firestone Diamonds plc, the AIM-quoted diamond mining company, is pleased to announce the recovery of its largest diamond to date, a 134 carat gem-quality light yellow diamond, from its Liqhobong Diamond Mine, located in Lesotho. The Board believes this recovery, the second of over a hundred carats since production commenced, reinforces the potential for large stones at Liqhobong as the Company continues early stage mining.

For further information, please visit the Company's website or contact:

 
                                   +44 (0)20 8741 
 Firestone Diamonds plc                      7810 
 Stuart Brown 
 
                                   +44 (0)20 7409 
 Strand Hanson Limited (Nomad)               3494 
 Stuart Faulkner 
 Richard Tulloch 
 James Dance 
 
 Macquarie Capital (Europe)         +44(0)20 3037 
  Limited (Joint Broker)                     2000 
 Raj Khatri 
 Nick Stamp 
 
 Mirabaud Securities LLP (Joint 
  Broker) 
                                   +44 (0)20 7878 
 Rory Scott                                  3360 
                                   +44 (0)20 7878 
 Ed Haig-Thomas                              3447 
 
 Tavistock (Public and Investor    +44 (0)20 7920 
  Relations)                                 3150 
                                      +44 (0)7788 
 Emily Fenton                             554 035 
 Jos Simson 
 Barney Hayward

Background information on Firestone

Firestone is an international diamond mining company with operations focused on Lesotho. Firestone is currently in the process of commencing commercial production at the Liqhobong Diamond Mine. Liqhobong is owned 75% by Firestone and 25% by the Government of Lesotho.

Lesotho is emerging as one of Africa's significant new diamond producers, hosting Gem Diamonds' Letseng Mine, Firestone's Liqhobong Mine and Namakwa Diamonds' Kao Mine.

For more information please visit: www.firestonediamonds.com

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 03, 2017 02:00 ET (06:00 GMT)

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