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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 radioguyon Jun 09, 2010 3:10pm
607 Views
Post# 17173995

RE: meeting just raped up

RE: meeting just raped upType IIa:

Shore Gold is finding the rare type IIa diamonds in Fort a la Corne.  Simply put, this means they are finding the "species" of diamonds that grow/form to over 100 carats - these are diamonds with low or zero nitrogen content.  During exploration, they have already extracted a 49-carat diamond that they know was part of a 100+ carat diamond (diamonds form in a particular geometric shape, and they found a 49-carat portion of the shape with a break mark on it, proving the size of the complete stone).  During mining they will not be breaking the larger stones as they tend to do during exploration.  Given they will be mining everyday the amount the extracted during exploration, it is believed that they will find large stones and a regular basis.
 
Shore are also finding the top-color-rated octahedral stones.
 
These two factors help the average value of the stones found in Fort a la Corne to be more than triple the world average.
 
Bullboard Posts