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Star Diamond Corp T.DIAM

Alternate Symbol(s):  SHGDF

Star Diamond Corporation is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. Its primary asset is its 100% interest in the Fort a la Corne property, which is located in central Saskatchewan. Its Fort a La Corne Diamond Project includes Star and Orion South Kimberlites. These kimberlites are in close proximity to established infrastructure, including paved highways and the electrical power grid. The Star-Orion South Diamond Project is located within the Fort a la Corne diamond district of central Saskatchewan, Canada. These Fort a la Corne mineral dispositions are located in the Fort a la Corne Provincial Forest, approximately 60 kilometers (km) east of Prince Albert, Saskatchewan. It also holds a 100% interest in the Buffalo Hills Diamond Project, located approximately 400 kilometers northwest of Edmonton, Alberta, Canada. The property covers a total of 21 mineral leases covering an area of approximately 4,800 hectares (ha).


TSX:DIAM - Post by User

Bullboard Posts
Comment by crockyon Nov 12, 2009 10:54pm
592 Views
Post# 16482420

RE: If and when mining

RE: If and when miningAp, if you're going to build a mill that will one day process 80,000 tpd then you don't wait to build that. Newmont has lots of cash so maybe Shore swings some deal for a portion of the cap costs. Between the cash from re-balancing and Newmont's 40% of the mine it won't be quite so bad. Of course, so many other things need to be resolved first. If Orion south is the go to pit then economics will change. Only the updated prefeas. is likely to clear that up. Maybe. Clarity isn't one of Shore' s strong points.
If there is any hope of stripping gravel off in the next 12-16 months there is a lot of work and equipment required. You can't just pick this stuff up and Canadian Tire and the local Cat. dealership. Something has to give and soon.

Crocky
Bullboard Posts