SASKATCHEWAN – SHORE GOLD, headquartered in Saskatoon, says it has found a 19.58-ct white diamond at its Star diamond project, 60 km east of Prince Albert. It was discovered among the clean-up samples of the Phase 1 and 2 underground bulk sample stockpile. The stone is described as a broken octahedron estimated to have originally weighed 24.50 ct. The company says it also found 15.30-, 3.97- and 3.30-ct stones during the clean-up. Overall, 60% of the diamonds recovered are white.
The Phase 3 underground sample yielded 319.99 ct, including three large grey stones (15.85, 4.61 and 3.73 ct) and a 4.64-ct white diamond. A total of 2,710 commercial-size diamonds have been recovered from seven batches of material. The colour of 62% of the diamonds is white, and another 14% are off-white.
Shore Gold (www.ShoreGold.com) recently bought out its Fort la Corne joint venture partners, and then announced plans to sell 40% of the StarWest project to NEWMONT MINING OF CANADA.