DIAMOND EXPLORATION – Star project yields 49.5-ct stone

SASKATCHEWAN - Not one but the two largest diamonds ever to be found in the province were recovered during bulk sampling at the Star diamond project near Fort la Corne. The largest was a brown 49.50-ct stone and next-largest weighed 22.56 ct and was white with a slight yellow tint.

The Star project is part of the Fort la Corne joint venture of Saskatoons SHORE GOLD (60% and operator) and NEWMONT MINING (40%) of Denver. The property is currently undergoing a $60-million program of underground bulk sampling, core drilling and large diameter drilling to create a NI 43-101-compliant resource estimate.

Senior VP exploration and development, George Read, said in a press release, The 49.50-carat stone is a fragment of a considerably larger stone, and the crystal shape suggests that less than 50 per cent of the original stone has been recovered. The two
largest stones were both recovered from a coarse breccia unit within the Cantuar [kimberlite].

Photos of the large diamonds recently recovered can be viewed in the June 2007 addition to the photo gallery at www.ShoreGold.com.