Canadian Mining Journal

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DIAMOND EXPLORATION: Fort la Corne results restated

SASKATCHEWAN - Saskatoons SHORE GOLD, 60% owner and operator of the Star diamond project, has released restated di...


SASKATCHEWAN – Saskatoons SHORE GOLD, 60% owner and operator of the Star diamond project, has released restated diamond results for the Pense and Early Joli Fou (EJF) kimberlite, originally sampled from 2000 through 2004. The project, located 60 km east of Prince Albert, is held by the Fort la Corne joint venture with NEWMONT MINING CORP. OF CANADA (40%).

Shore says 229.35 ct of diamonds were recovered from 2,280.76 t taken from 24 large diameter drill holes in the Orion South target. The company confirmed that significant macro-diamond (+1.0 mm) populations are associated with the three dominant kimberlite lithologies. The four largest diamonds were found in kimberlite breccia.

The presence of large, attractive diamonds in Orion South will have a positive impact on the economics of a potential future diamond mine, noted Shores senior VP exploration and development, George Read. As a result of these revised Orion South LDD macro-diamond results, consideration of an underground bulk sampling program to recover a large parcel of diamonds (greater than 3,000 carats) for valuation purposes, has commenced.

Details of the drill holes and recoveries are posted at www.ShoreGold.com in the news release dated March 19, 2007.


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