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Star – Orion South Diamond Project Completion of the First Trench Cutter bulk sampling program hole

by pnationtalk on June 18, 201990 Views

June 18, 2019

George H. Read, P. Geo., Senior Vice President Exploration and Development of Star Diamond Corporation (“Star Diamond” or the “Corporation”) is pleased to announce that Rio Tinto Exploration Canada (”RTEC”) have completed the drilling of the first bulk sample hole on the Corporation’s Star Kimberlite, using the Trench Cutter Sampling Rig. The Star Kimberlite is located within the Corporation’s Star – Orion South Diamond Project, in the Fort à la Corne diamond district of central Saskatchewan, Canada, on mineral dispositions held 100 percent by Star Diamond. RTEC refers to Star Diamond’s mineral dispositions in the Fort à la Corne diamond district as Project FalCon.

The Trench Cutter Sampling Rig drilled hole FALCCT001 to total depth of 228.4 metres, and intercepted a total of 117.4 metres of kimberlite. This hole produced 704 bulk bags of kimberlite over 15 sample intervals. The Trench Cutter Sampling Rig consists of a Bauer BC 50 Cutter mounted on a Bauer MC 128 Duty-cycle Crane. The redesigned Kimberlite Separation Unit (“KSU”) and accompanying desanding unit have also been fully commissioned. Kimberlite collected will be stored in a secure storage area, until the on-site Bulk Sample Plant (“BSP”) has been assembled and commissioned. Final diamond recovery will then be conducted by RTEC at a secure off-site facility.

Senior Vice President Exploration and Development, George Read, states: “The completion of the first Trench Cutter hole of this bulk sample program is an important milestone in the evaluation of the Star Kimberlite by RTEC. The successful use of this new Trench Cutter Sampling Rig technology for the recovery of kimberlite bulk samples has the ability to revolutionize future bulk sampling and mining of kimberlites, particularly for kimberlites characteristic of the Fort à la Corne diamond district of central Saskatchewan, Canada.”

Star Diamond Corporation is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Corporation trade on the TSX Exchange under the trading symbol “DIAM”. The Corporation’s Fort à la Corne kimberlites (including the Star – Orion South Diamond Project, or “Project”) are located in central Saskatchewan in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development.

All technical information in this press release has been prepared under the supervision of George Read, Senior Vice-President of Exploration and Development, a registered Professional Geoscientist in the Provinces of Saskatchewan and British Columbia and Mark Shimell, Project Manager, a registered Professional Geoscientist in the Province of Saskatchewan, who are the Corporation’s “Qualified Persons” under the definition of NI 43-101.

For further information: stardiamondcorp@stardiamondcorp.com or (306) 664-2202
www.stardiamondcorp.com

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NT4

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