Arctic Blue Diamonds announced the acquisition of an 89.7 percent interest in the WO Diamond Project, which hosts the large, high-grade DO27 kimberlite. A 72.1 percent interest was acquired from Peregrine Diamonds, a subsidiary of De Beers, and a further 17.6 percent interest was acquired from Archon Minerals Ltd. Arctic Blue is part of the Arctic Blue Group, which includes Arctic Blue, an online diamond jewelry retailer
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