DIAMOND EXPLORATION – Star kimberlite yields more large diamonds

ALBERTA - The Star kimberlite near Prince Albert continues to show promise. SHORE GOLD INC. (100% interest) has announced its 13th set of diamond recoveries from the kimberlite. The company is conducting a bulk sampling program on the Star project, the aim of which is to recover a parcel of some 3,000 carats for valuation purposes

Recoveries to date total 3,497.47 carats from 24,548.35 dry tonnes processed. These results are for eleven kimberlite batches of a total of some 80 to 100 kimberlite batches that will be processed in this program. A total of 2,805 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 400.93 carats, has been recovered from the treatment of 2,553.73 dry tonnes of kimberlite.

Seventy-four diamonds greater than one carat have been recovered and the four largest stones are: 5.66, 4.75, 4.32 and 4.28 carats, respectively. In addition, 277 diamonds (4.29 carats) were recovered down to 0.85 millimetre square mesh. The colour of 63 percent of these diamonds has been classified as white, with a further 11 percent classified as off-white.

On-site kimberlite processing has been completed and a total of over 26,000 dry tonnes of kimberlite has been processed. The valuation of the 3,000 carat parcel is currently underway in Antwerp and the four independent groups of diamond valuators examining the parcel will provide Shore Gold with their diamond value estimates shortly after the valuations are completed. For further information see www.shoregold.com.