Star Diamond Corporation

Saskatchewan Diamond Exploration

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Star Diamond Corporation Profile

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

  • 100% Star Diamond Project
  • 60% Fort a la Corne Joint Venture
  • Joint Venture partner: Newmont 9.7% equity interest in SGF 40% interest in FALC-JV
  • Star Diamond Project Resource Estimate published
  • Star – Orion South Diamond Project proposal submitted
  • Fort a la Corne Joint Venture, LDD near completion
  • Underground bulk sampling underway.

Shore/Newmont FALC Joint Venture

  • Shore Gold holds a 60% ownership position in the FALC JV with Joint Venture partner Newmont Mining Corp. Canada holding 40%:
  • Over 60 kimberlites identified
  • Macro Diamonds recovered in 34 kimberlites - 70% considered gem quality
  • Recovered 336 carats; including a 10.13 carat Light Fancy Yellow
  • 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

PROJECT:

 

Saskatchewan Diamond Exploration

 

Ownership:

100% Star Diamond Project. FALC Joint Venture

- Shore 60%, Newmont Mining Canada 40%

 

Location:

60 kilometres east of Prince Albert, Sask.

ISSUED

CAPITAL:

Common Shares

183,234,242 as at November 5, 2008

 

Fully Diluted:

191,040,602 as at November 5, 2008

 

Working Capital

$27.3 million as at September 30, 2008

 

Listing:

SGF-TSX (Toronto Stock Exchange)

MANAGEMENT:

 

Kenneth E. MacNeill - President, Chief Executive Officer
Harvey Bay - Chief Operating Officer, Chief Financial Officer
George Read - Senior Vice President of Exploration and Development
Pieter Du Plessis - Vice President of Exploration
Duane DeRosier -Vice President of Administration
Eric Cline - Vice President of Corporate Affairs

CONTACT:

 

(306) 664-2202,
E-mail: shoregold@shoregold.com

Last changed at 12-Feb-2018 10:33AM by AGORACOM