Star Diamond Corporation

Saskatchewan Diamond Exploration

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Message: Star Diamond Up 6.7% As Highlights Orion South Diamond Project Initial Results From Second Bulk Sample Trench

Star Diamond Up 6.7% As Highlights Orion South Diamond Project Initial Results From Second Bulk Sample Trench

posted on Aug 20, 2020 01:26PM

 

 
2020-08-20 11:16:45 AM ET (MT Newswires)
   
   

11:16 AM EDT, 08/20/2020 (MT Newswires) -- Star Diamond (DIAM.TO) gained 6.7% to $0.24 apiece at last look Thursday after it said that to date, it has recovered 2,409 diamonds weighing 123.27 carats from the second bulk sample trench excavated on the Star Kimberlite.

These initial results are from the second of ten bulk sample trenches that were excavated by Rio Tinto Exploration Canada, said the company.

In a statement the company said the three largest diamonds recovered to date from 19FALCT004 are 2.98, 2.03 and 1.99 carats, respectively, and were all recovered from Early Joli Fou kimberlite. The EJF is the dominant kimberlite unit within the project in terms of ore volume and diamond grade.

Price: 0.24, Change: +0.02, Percent Change: +6.67

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