Star Diamond Corporation
Saskatchewan Diamond Exploration
Shore Gold Inc. Saskatoon, SK, TSX.V : SGF, A Canadian Natural Resource Exploration and Development Company.
Currently Advancing the Falc JV and Star Diamond Project in Central Saskatchewan.
Operator of two major diamond exploration projects
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100% Star Diamond Project
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60% Fort a la Corne Joint Venture
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Joint Venture partner: Newmont 9.7% equity interest in SGF 40% interest in FALC-JV
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Star Diamond Project Resource Estimate published
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Star – Orion South Diamond Project proposal submitted
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Fort a la Corne Joint Venture, LDD near completion
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Underground bulk sampling underway.
Shore/Newmont FALC Joint Venture
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Shore Gold holds a 60% ownership position in the FALC JV with Joint Venture partner Newmont Mining Corp. Canada holding 40%:
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Over 60 kimberlites identified
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Macro Diamonds recovered in 34 kimberlites - 70% considered gem quality
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Recovered 336 carats; including a 10.13 carat Light Fancy Yellow
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The Joint Venture properties contain enormous volumes of kimberlite, with the Orion belt containing 7 kms of continuous kimberlite.
- Orion North geological estimate: 600 - 800 million tonnes
Fact Sheet
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PROJECT: |
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Saskatchewan Diamond Exploration |
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Ownership: |
100% Star Diamond Project. FALC Joint Venture - Shore 60%, Newmont Mining Canada 40% |
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Location: |
60 kilometres east of Prince Albert, Sask. |
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ISSUED CAPITAL: |
Common Shares |
183,234,242 as at November 5, 2008 |
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Fully Diluted: |
191,040,602 as at November 5, 2008 |
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Working Capital |
$27.3 million as at September 30, 2008 |
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Listing: |
SGF-TSX (Toronto Stock Exchange) |
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MANAGEMENT: |
Kenneth E. MacNeill - President, Chief Executive Officer |
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CONTACT: |
(306) 664-2202, |