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7936567 Canada Inc SWYDF

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.


GREY:SWYDF - Post by User

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Post by landlubberon Sep 08, 2010 5:50pm
564 Views
Post# 17426631

Beattie 3.38 g/t Au 27.0 metres

Beattie 3.38 g/t Au 27.0 metres

QUEBEC - Montreal's Osisko Mining and Vancouver-based Clifton Star Resourceshave been drilling their Beattie gold property and cutting goodintersections. The best from the latest drill holes include 27.0 metresaveraging 3.38 g/t Au, 42.8 metres averaging 1.81 g/t Au and 27.5 metresaveraging 1.83 g/t Au.

Osisko is earning a 50% interest in the Duparquet property byspending $70 million by 2013 and extending loans to Clifton Star. The2010 program includes 122,000 metres of drilling. Work is focused on theformer Beattie gold mine (1933-56), the former Donchester gold mine(1946-56), and the former Duquesne gold mine (1946-52 and 1988-92).There are currently five drills on site.

Additional details of the Duparquet project are available on the Clifton website at www.CliftonStarResources.com.


https://www.canadianminingjournal.com/issues/story.aspx?aid=1000384835
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