SASKATCHEWAN – Saskatoon-based Shore Gold, operator of the Star-Orion South diamond project near Prince Albert, has signed a memorandum of understanding with the Chakastaypasin Cree Nation, Peter Chapman Cree Nation and James Smith First Nation concerning the project. The sides have agreed to discuss potential education and training, employment, business and participation opportunities for members of the nations.
The project is located in the Fort a la Corne forest that is used by the Cree for traditional activities. The local reserve lands lie immediately to the south of the project area.
Shore has published a feasibility study for Star-Orion estimating 279 million tonnes of probable reserves containing 34.4 million ct of diamonds. This reserve will support mining for 20 years. There is also an inferred resource containing 15.7 million ct.
Additional information about the Star-Orion south project, including a 3-D rendering of the Star kimberlite, is available at ShoreGold.com.