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MEYA MINING’S 391-CARAT DIAMOND RECOVERY MARKS MEGA CLIPPIR DISCOVERY

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Trustco Group Holdings Ltd (“Trustco”) has announced the findings of a recent examination of the 391.47-carat diamond recovered by Meya Mining (“Meya”) in Sierra Leone. Trustco holds a 19.5% interest in Meya, which operates under a 25-year exclusive diamond mining license in the Kono District.

The 391.47-carat diamond was part of a 515-carat rough diamond recovered in the Meya River kimberlite domain on Tuesday, 20 August 2024, in the first of 16 domains targeted by Meya. Along with two smaller fragments weighing 105.43 carats and 18.11 carats, this marks the second significant find from the region, confirming its potential as a source of high-value diamonds.

A detailed examination, conducted by Dr. Evan M. Smith of the Gemological Institute of America (GIA), confirmed the diamond as Type IIa, a classification that indicates high purity due to the absence of nitrogen. Further analysis showed the diamond is part of the CLIPPIR variety (Cullinan-like, large, inclusion poor, pure, irregular, resorbed), similar to some of the world’s most valuable diamonds.

According to the examination report, the diamond contains metallic inclusions, mainly iron-rich metals, which suggest it formed deep in the Earth, between 360 and 750 kilometers below the surface. Despite these inclusions, large parts of the stone remain clear, making it an important geological find. The discovery of this CLIPPIR diamond at the Meya mine confirms that the area contains large Type IIa diamonds.

Quinton Z van Rooyen, Deputy CEO of Trustco

Quinton Z van Rooyen, Deputy CEO of Trustco, added: “The recovery of this CLIPPIR diamond sheds light on Meya’s extraordinary geological landscape. As the diamond world contemplates the eventuality of a 5000-carat stone, our recent find indicates that Meya’s unique geology positions us well for potentially historic discoveries in the future.”

On June 5, 2024, shareholders were informed that Z Star Mineral Consultants, an independent consulting firm, estimated the in situ resource of Meya River Domain at USD 763 million. This Meya River domain accounts for less than 3% of the overall Meya Mining project potential resources. (Available here: https://tinyurl.com/2twpv78v).

Additionally, on September 2, 2024, shareholders were advised that the NI 43-101 Technical Report for the Meya Diamond Mine Project was published, offering a Preliminary Economic Assessment (PEA). The PEA showed promising economic potential with a post-tax Internal Rate of Return (IRR) of 65% and a post-tax Net Present Value (NPV) of USD 95.1 million at a 10% discount rate over a projected 7-year mine life. (Available here: https://tinyurl.com/yvy8p6xs).

These reports also noted that the estimated value of diamonds recovered from bulk samples and run of mine production of the Meya River domain which were sold at public auctions is USD 380 per carat.  This estimation excluded the sale of the 476ct Meya Prosperity diamond (USD 34 664 per carat) or several subsequent large stones found due to their distinct nature. The valuation matrix currently used to assess Trustco’s 19.5% stake in Meya Mining, at USD 110 million, may be adjusted in the future to account for these historical exceptional finds. Shareholders are advised that this could affect future valuations.

The 391.47-carat diamond was part of a 515-carat rough diamond recovered in the Meya River kimberlite domain on Tuesday, 20 August 2024

Meya Mining is now focused on improving its recovery process to prevent breakages of large diamonds in the future. The company is working with its engineering and processing partners to upgrade the plant and increase its capacity to recover large diamonds intact. This discovery strengthens Trustco’s Mining portfolio but also highlights Sierra Leone’s position as a key player in the global diamond market.

About Trustco:

Trustco Group Holdings Ltd is an investment entity headquartered in Windhoek, Namibia, which manages a diverse portfolio of investments spanning the insurance, real estate, non-deposit taking financial services, micro-finance, education, and mining sectors. Decisions are biased towards generational investment performance alongside shareholder wealth creation, and short-term hurdles are viewed as catalysts for future growth.

Since inception in 1992, Trustco’s investment portfolio has delivered strong returns with a CAGR of 68.97%, with a well-balanced asset mix, with a current average weighting of 34% in US Dollar based assets, while the remaining 66% is invested in Namibia Dollar (1 NAD = 1 ZAR) based assets. Trustco enjoys the backing of a wide range of coinvestors, including 3 610 from Namibia, 1 443 from abroad, and 94 from institutional entities.

About Namibia:

Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 5 031 in 2022. The country is endowed with rich natural resources, with  recent major discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects. The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.

The country’s economy expanded by 4.2% in 2023 and is projected to expand by 3.7% in 2024, following a recovery of 5.3% in 2022 from the COVID-19 pandemic. With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors.

Forward-Looking Statements:

All statements made in this media release with respect to Trustco’s current plans, estimates, strategies beliefs and other statements that are not historical facts, including statements regarding Trustco’s plans to upgrade its ADR program and the results of such an upgrade, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

Media Contact

Organization: Trustco Group Holdings

Contact Person: Neville Basson

Website: https://www.tgh.na

Email: Send Email

Contact Number: +264612754501

Address: 2 Keller Street, Trustco House

Address 2: Windhoek

City: Windhoek

State: Khomas

Country: Namibia

Release Id: 21102418730

The post MEYA MINING’S 391-CARAT DIAMOND RECOVERY MARKS MEGA CLIPPIR DISCOVERY appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Sunrizon Energy Redefines Solar Financing with Industry-First 24-Month No-Payment Model

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United States, 19th Apr 2025 — In a bold move that sets a new industry standard, Sunrizon Energy has announced a groundbreaking solar financing model that eliminates payments for the first 24 months—permanently. Unlike temporary promotions offered by other companies, this initiative is now a core part of Sunrizon’s commitment to making clean energy accessible, affordable, and practical for homeowners, businesses, and non-profits across Nevada and Texas.

As the only solar energy company in the nation offering two full years of no payments, Sunrizon Energy is helping customers make the switch to solar with zero upfront financial pressure. The company takes care of the first 24 months of bank payments directly, allowing customers to start saving on energy costs from day one, while reducing their carbon footprint with confidence.

In addition to this industry-first financing structure, every customer also receives a comprehensive tax strategy consultation—at no cost—developed by one of the nation’s most respected CPA and tax advisory firms. This firm, which played a key role in shaping the IRS’s official language on solar tax treatment, works directly with Sunrizon customers to facilitate a full 100% tax deduction—not just the standard 30% Investment Tax Credit (ITC). This ensures clients benefit from the maximum allowable tax advantages, helping accelerate return on investment while staying fully compliant with federal guidelines.

“My entire career has been focused on disrupting industries in which I saw a need to provide a better service, or a way to protect consumers,” said Christopher Anderson, CEO of Sunrizon Energy. “Our mission is to completely change the way consumers get solar energy by creating transparency and a make-sense method of conversion that has never been offered. No PPAs. No gimmicks. Just the lowest prices possible and world-class, customer-concern-based service.”

With deep roots in industrial and utility-scale solar, Sunrizon Energy brings the same precision engineering, high-performance technology, and data-driven design to residential and commercial projects. From advanced smart home integration to custom energy optimization strategies, the company delivers cutting-edge, scalable solar solutions that prioritize long-term savings and system efficiency.

Sunrizon’s approach is resonating with customers. One recent review on Google reads:

“They walked me through every detail of the process and made sure I understood how solar would work for my home. I’ve never dealt with a company that made me feel this informed and respected. It’s rare and refreshing.”

Driven by a mission to place the customer ahead of profit, Sunrizon Energy represents a new wave of forward-thinking solar companies. “The money comes when you have properly taken care of enough people,” Anderson added. “That’s the philosophy we live by.”

Interested homeowners and businesses are encouraged to visit www.sunrizonenergy.com for a free consultation and learn how easy—and affordable—going solar can be

About Sunrizon Energy

Sunrizon Energy is a solar consulting and integration firm specializing in high-efficiency, fully customized solar energy systems for residential, commercial, and non-profit clients. Leveraging decades of experience in industrial solar development, Sunrizon brings world-class technology, integrity, and unmatched customer service to every project.

Start your solar journey today at www.sunrizonenergy.com.

Media Contact

Organization: Sunrizon Energy

Contact Person: Christopher Anderson

Website: https://www.sunrizonenergy.com/

Email: Send Email

Country:United States

Release id:26651

View source version on King Newswire:
Sunrizon Energy Redefines Solar Financing with Industry-First 24-Month No-Payment Model

It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Royal Care Pharmacy Sets a New Standard in Personalized Healthcare in Jersey City

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Jersey City, NJ, United States, 19th Apr 2025 –  Royal Care Pharmacy, located at 311 Sip Ave, Jersey City, NJ 07306, is proud to announce its commitment to revolutionizing the local pharmacy experience by delivering personalized care, reliable service, and a compassionate approach to health and wellness.Locally owned and operated, Royal Care Pharmacy is more than just a place to fill prescriptions—it’s a trusted healthcare partner for the Jersey City community. With a team of highly trained pharmacists and healthcare professionals, Royal Care Pharmacy offers a wide range of services, including prescription fulfillment, medication therapy management, immunizations, health screenings, and durable medical equipment, all tailored to meet each patient’s unique needs.

“At Royal Care Pharmacy, we believe healthcare should be personal,” said Dr.Beshoy Fadel , Pharmacist in Charge. “We’re here to listen, advise, and support our patients every step of the way—whether that’s managing chronic conditions, providing guidance on over-the-counter products, or simply being a friendly, familiar face.”

What sets Royal Care Pharmacy apart is its unwavering focus on the community. From multilingual support and free local delivery to easy prescription transfers and affordable pricing programs, the pharmacy makes high-quality care accessible and convenient for everyone.

As a leading Jersey City pharmacy, Royal Care Pharmacy is more than just a place to fill prescriptions—it’s a trusted healthcare partner for the local community. With a team of highly trained pharmacists and healthcare professionals, Royal Care Pharmacy offers a wide range of services, including prescription fulfillment, medication therapy management, health screenings, and durable medical equipment, all tailored to meet each patient’s unique needs.

Key Services Include:

  • Free Prescription Delivery in Jersey City.
  • Custom Medication Packaging.
  • Over-the-Counter Medications & Wellness Products.
  • Refill Reminders & Easy Prescription Transfers.
  • Competitive Pricing & Insurance Assistance.
  • Discounted prices for non-insured patients. 

Royal Care Pharmacy invites the public to meet the team and experience what modern, patient-first pharmacy care truly looks like. Whether you’re a longtime resident or new to the neighborhood, your health is always Royal Care Pharmacy’s top priority.

For more information, please visit www.royalcarepharmacyjc.com or call (201) 345-5882

We are located at 311 Sip Ave. Jersey City, NJ 07306

About Royal Care Pharmacy
Royal Care Pharmacy is a community-focused, independent pharmacy in the heart of Jersey City. Dedicated to serving families with compassion, convenience, and care, Royal Care Pharmacy provides expert pharmaceutical services with a personal touch.

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Texas R.A.I.L. Residential Appliance Installer and Residential Wireman Prep Course

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Choosing a career in electrical installation offers several compelling benefits, including competitive salaries, job stability, and a variety of work environments. Licensed electricians are in high demand for their ability to ensure safe, efficient, and compliant electrical installations, making this a financially rewarding and fulfilling career path. Classes for aspiring Residential Appliance Installers and Residential Wiremen are available at ABR Electric,

Melissa, TX, United States, 19th Apr 2025 — ABR Electric proudly announces a unique opportunity for individuals in McKinney and the surrounding areas who are looking to enhance their careers with a professional certification in the electrical field. We are now accepting enrollments for our exclusive courses designed to certify participants as Residential Appliance Installers and Residential Wiremen. Due to the personalized nature of our training, which ensures each participant receives the attention and guidance necessary for success. This ensures an optimal learning environment and access to dedicated resources. Take a significant step towards advancing your professional skills in this high-demand industry.

Get Licensed & Elevate Your Career as a Residential Appliance Installer

Considering a career as a Residential Appliance Installer? ABR Electric’s R.A.I.L. (Residential Appliance Installer License) course is designed to equip you with the necessary skills and certification required by Texas regulations. Whether you are starting fresh or aiming to elevate your existing skills, our course offers comprehensive training that covers everything from the National Electrical Code (NEC) to practical, hands-on experience with real-world projects.

Become a Skilled Residential Wireman & Power Up Your Career

Unlock your potential in the ever-growing field of residential electrical work with our Residential Wireman Electrician Course. This program provides extensive training aimed at both beginners and experienced technicians wishing to enhance their credentials. You’ll learn everything from residential wiring, circuitry, and safety standards to advanced troubleshooting and repairs.

 

Course Highlights:

  • In-Depth NEC Understanding: Navigate and apply the latest standards for safe electrical installations.
  • Hands-On Electrical Training: Gain practical skills through real-world wiring projects.
  • Expert-Led Instruction: Learn from James Adams, a Master Electrician with decades of industry experience.
  • Limited Class Size: Personalized attention with only 5 spots available, ensuring optimal learning outcomes.
  • Test Preparation: Extensive support and test-taking strategies to ensure you pass your licensing exam with confidence.

Why Choose a Career in Electrical Installation?

Electrical technicians enjoy competitive salaries, job stability, and opportunities to work in a variety of settings. Licensed electricians are highly sought after for their expertise in ensuring safe, efficient, and compliant installations, making this career both lucrative and rewarding.

Location & Enrollment Details:

Classes will be held at:
1971 University Business Drive, #106, McKinney, TX 75071

Take the first step towards a rewarding career with professional certification. For enrollment details and more information about ABR Electric’s Residential Appliance Installer and Residential Wireman courses 214-690-1941 ABR Electric Workshops in McKinney TX

 

 

Meet Your Instructor: James Adams

James Adams brings a wealth of experience to ABR Electric, with a background as a US Army instructor and over 20 years teaching electrical apprenticeships. His commitment to student success and expert knowledge in the field ensures that students are well-prepared to pass their exams and excel in their careers.

 

 

About ABR Electric: 

ABR Electric has been a leader in electrical education and services in McKinney, TX, providing top-tier training and licensing preparation for aspiring electricians. With a focus on excellence and student success, ABR Electric is dedicated to empowering the next generation of skilled tradespeople in the electrical industry.

 

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