Diamonds have now been recovered from bulk sampling of all 10 of the huge trenches excavated by Rio Tinto in 2019 at the Fort la Corne exploration sit.
Star Diamond Corporation Announces Closing of $1 Million Flow-Though Private Placement Financing and Additional Non Flow-Through Private Placement of Up to $2 Million
TSX: DIAM Star Diamond Corporation is pleased to announce the successful closing of a $1 .0 million private placement of 5,555,556 Flow-Through Units at a price of $0 .18 per Flow-Through Unit . Each Flow-Through Unit is comprised of one flow-through common share and one-half of one flow-through warrant. Each whole warrant will entitle the holder thereof to purchase one non-flow-through common share at a price … TSX: DIAM
Star Diamond Corporation (TSX: DIAM) (“Star Diamond” or the “Corporation”) is pleased to announce the successful closing of a $1 .0 million private placement of 5,555,556 Flow-Through Units at a price of $0 .18 per Flow-Through Unit (the “Flow-Through Offering”).
10.13, 8.10 AND 7.29 CARAT TYPE IIa DIAMONDS 5.15 CARAT TYPE I DIAMOND AND 3.44 CARAT “H” COLOUR OCTAHEDRON ALSO RECOVERED Stock Symbol: DIAM: TSX
Star Diamond Corporation (“Star Diamond” or the “Corporation”) today announced that a total of 3,534 diamonds weighing 210.68 carats have been recovered to date from the ninth (19FALCT007) bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. (“Rio Tinto Canada”) in 2019.
“We are pleased by the recovery of the three larger 10.13, 8.10 and 7.29 Type IIa diamonds from Rio Tinto Canada’s ninth trench. The recent recovery of larger Type IIa diamonds from Rio Tinto Canada’s bulk sample program continues to strengthen our expectation for recovery of large, high value diamonds in a future producing diamond mine,” said Ken MacNeill , President and CEO of Star Diamond . “There were also 5.15 and 3.44
6.19, 4.72 and 3.50 CARAT DIAMONDS Stock Symbol: DIAM: TSX
Star Diamond Corporation (“Star Diamond” or the “Corporation”) today announced that a total of 3,004 diamonds weighing 167.15 carats have been recovered to date from the eighth (19FALCT002) bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. (“Rio Tinto Canada”) in 2019. “We are pleased by the recovery of three larger 6.19, 4.72 and 3.50 carat diamonds from Rio Tinto Canada’s eighth trench,” said Ken MacNeill , President and CEO of Star Diamond . “The initial results from the first eight reported trenches also continue to validate the grades outlined in our Preliminary Economic Analysis that was based upon Star Diamond’s own prior underground bulk sampling and large diameter drilling programs.”