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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 jeskon Jun 25, 2004 9:43am
449 Views
Post# 7649344

One more AGM report

One more AGM reportThey put up charts comparing Shore's results to diamond mines around the world. Can't remember exact numbers or names, but what stood out for me was that one of the very economic mines mentioned had an overall grade of 0.06 cpht, but very high value for $/carat. It seemed very comparable to Shore and helped the entire audience see that a grade as low as this can still be very economic. This particular comparison left a hush in the room. Shore's first Batch sample was well diluted with mudstone, or something, bringing the grade quite a bit lower, and that batch returned .06 cpht plus a 1+ carat stone. Rest assured, Shore will come up with an overall grade higher than 0.07, and with the quality of their diamonds, plus a few fancies here and there, plus >500 million tons....well, need I say more?
Bullboard Posts