SASKATCHEWAN – The numbers are merely a “geological estimate”, not a defined resource, but SHORE GOLD of Saskatoon and partner NEWMONT MINING CORP. OF CANADA have released more figures for their Star diamond project 60 km east of Prince Albert, and they are large. The partners believe there may be as much as 800 million tonnes of kimberlite in the Orion North complex. The estimate is based on 152 drill holes to a depth of 350 m, and the mineralization is open at depth.
These figures are in addition to the estimated 276 million tonnes contained in multiple kimberlites within the Star complex. The largest diamond recovered so far weighed 19.58 ct.
The Star project is operated by the Fort la Corne joint venture, a partnership of 60% Shore Gold (www.ShoreGold.com) and 40% Newmont Canada (www.Newmont.com).