What We Like about Stornoway:

• Soon to have 100% of one of the better emerging, diamond development stories worldwide; a large resource with growth potential, strong mining margins, road and hydro power potential, modest capex and opex numbers, located in a supportive mining jurisdiction: Quebec.
• Stornoway will be heading into a potential 25 years of production at Renard during a time when world diamond reserves are being depleted and the market for diamonds is rapidly growing.
• High quality Canadian diamonds with September, 2009 modeled average value of $117.00 US per carat (above world average of $90 US per carat). Rough diamond prices have increased approximately 40% since that time and Stornoway will revalue the Renard parcel this May.
• After April 1st 2011, their two biggest shareholders will be the Quebec Government (Société générale de financement du Québec) at 37% and Agnico-Eagle at 9.1%.

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