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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
Post by pickinbottles1on Mar 23, 2013 2:57pm
409 Views
Post# 21158584

The material between 100 & 200 meters.

The material between 100 & 200 meters.

The "hot spots" make this project economical.  There simply aren't enough diamonds between 100 & 200 meters to make a viable project.  ONLY when they approach 200+ meters does the project become profitable/economic.

Another way of saying this is: Much of the kimberlite between 100 & 200 meters can be considered "waste kimberlite" and those ranges on their own would not be economical. 

It's too bad the hot spots weren't encountered first.  They could be mined and when the grade/diamond counts began dropping off the Mining co. could elect to stop and re-focus elsewhere.  As it is, the mining co. has to go through all of this material. 

As a simple illustration of the term "waste kimberlite", consider this statement from the Diavik website...."The less dense waste kimberlite fraction is directed to the processed kimberlite containment (PKC) area for permanent storage. The heavy mineral concentrate (containing diamonds, garnet, diopside, olivine, and spinel) is conveyed to the recovery circuit."

So yes, I admit my choice of words was not 100% correct.  But my point was/is: the material between 100 & 200 meters contains more waste kimberlite than some understand OR consider. 

In the next 2 posts I'll attempt to post (hope the links work!) two separate Bar Charts (taken from Shore Gold information).  The 1st chart shows "Grade" @ various depths in the Star kimberlite.   The 2nd chart shows "Diamond count" @ various depths in the Star kimberlite. 

GLTA 

Pickinbottles 

Bullboard Posts