Star Diamond Project: Initial LDD diamond results - 10.05, 6.20, 4.82 and 2.99 carat diamonds in 266 carat parcel
Stock Symbol: SGF: TSX
SASKATOON, SK, Aug. 14 - George H. Read, P. Geo., Senior Vice President Exploration and Development, is pleased to announce the first set of diamond results for the Early Joli Fou (EJF) Kimberlite sampled in 15 holes of a planned total of 60 holes of large diameter drilling (LDD), which forms part
of the prefeasibility study currently underway on the Star Diamond Project.
Diamonds totaling 266.33 carats were recovered from the processing of 2,249.03 dry tonnes of EJF Kimberlite from the 15 LDD holes reported. The total diamond recoveries from the EJF intersection in each LDD hole are listed in Table 1.
Ninety-nine percent of these diamonds are commercial stones greater than 1.18 millimetre (2,353 diamonds weighing 263.93 carats) with the balance of the goods (142 diamonds weighing 2.40 carats) falling in the +0.85-1.16 millimetre size fraction. The four largest stones are: 10.05 carat white from
LDD-011, 6.20 carat off white from LDD-008, 4.82 carat white from LDD-005 and a 2.99 carat off white from LDD-006. Thirty-five diamonds exceed one carat of which 21 are white, 7 off white, 4 grey and 3 brown. The colour of 73 percent
of the diamonds has been classified as white, with a further 11 percent classified as off-white. One pink, one yellow and one amber stone were also recovered. |
