Star Diamond Corp T.DIAM

Alternate Symbol(s): SHGDF

Metals & Mining Industrial Metals & Minerals

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).

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Star Diamond Corp

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Post by radioguyon Jun 16, 2010 12:43pm

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Post# 17194236

The importance of large stones

In the June 15 RBC Capital report on diamond prcies, Des Kilalea writes in regards to Letseng prices, "The rise in price from May's $1,475/ct was driven in part by more Satellite Pipe goods and also the sale of a 104ct stone for $2.7m ($26,621/ct). An indication of the importance to Letseng of large stones is that this diamond boosts the average from $1,410/ct to the $1,695/ct actually recorded. . . . Besides the 104ct diamond, the large goods tendered included several 10-40ct stones, which realised in excess of $20,000/ct. The highest price per carat came from a 36ct stone which fetched $1.3m or $36,630/ct."

RDG

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