Post by Franko10 ™ on Sept 20, 2004 11:25:12 GMT -5
October 9, 2003
SHORE INTERSECTS KIMBERLITE, PLANT CONSTRUCTION PROCEEDS
George H. Read, Vice President Exploration, is pleased to report that the shaft on the Star Diamond Project has intersected kimberlite. The shaft passed through the sediment-kimberlite interface at 107 metres below surface. This kimberlite interface is exactly as defined by the pilot drill hole (Star 32). The shaft continues in kimberlite and is currently at 111
metres below surface. The success of the freeze-wall has enabled Shore to reach this depth and continue successfully into the Star kimberlite. The construction of the on-site Dense Media Separation ("DMS") plant is well underway.
The aim of the Star Diamond Project is to recover and process 25,000 tons of kimberlite in order to produce a macrodiamond parcel of some 3,000 carats. This diamond parcel will be used for stone valuation purposes. In order to recover this 25,000 ton bulk sample, the shaft will be sunk to 250 metres below surface. Approximately 5,000 tons of kimberlite will be recovered from the shaft and the remaining 20,000 tons of kimberlite will be excavated from lateral drifts. The lateral drifts will enable Shore geologists to accurately map in-situ kimberlite in excess of 100 metres from the shaft. All kimberlite recovered from the shaft and lateral drifts will be processed on-site using the DMS plant. The kimberlite will be batch processed through the plant to ensure accurate diamond grade determinations for specific kimberlite types.
The components of the modular DMS plant have been delivered to the Star Diamond Project and all components have been safely unloaded. Personnel from Bateman Engineering, the plant manufacturers, are supervising the assembly of the plant. Presently 50% of the plant components have been assembled and attached to concrete foundations. It is anticipated that the plant will be fully assembled during October and that plant commissioning will occur immediately thereafter.
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Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
SHORE INTERSECTS KIMBERLITE, PLANT CONSTRUCTION PROCEEDS
George H. Read, Vice President Exploration, is pleased to report that the shaft on the Star Diamond Project has intersected kimberlite. The shaft passed through the sediment-kimberlite interface at 107 metres below surface. This kimberlite interface is exactly as defined by the pilot drill hole (Star 32). The shaft continues in kimberlite and is currently at 111
metres below surface. The success of the freeze-wall has enabled Shore to reach this depth and continue successfully into the Star kimberlite. The construction of the on-site Dense Media Separation ("DMS") plant is well underway.
The aim of the Star Diamond Project is to recover and process 25,000 tons of kimberlite in order to produce a macrodiamond parcel of some 3,000 carats. This diamond parcel will be used for stone valuation purposes. In order to recover this 25,000 ton bulk sample, the shaft will be sunk to 250 metres below surface. Approximately 5,000 tons of kimberlite will be recovered from the shaft and the remaining 20,000 tons of kimberlite will be excavated from lateral drifts. The lateral drifts will enable Shore geologists to accurately map in-situ kimberlite in excess of 100 metres from the shaft. All kimberlite recovered from the shaft and lateral drifts will be processed on-site using the DMS plant. The kimberlite will be batch processed through the plant to ensure accurate diamond grade determinations for specific kimberlite types.
The components of the modular DMS plant have been delivered to the Star Diamond Project and all components have been safely unloaded. Personnel from Bateman Engineering, the plant manufacturers, are supervising the assembly of the plant. Presently 50% of the plant components have been assembled and attached to concrete foundations. It is anticipated that the plant will be fully assembled during October and that plant commissioning will occur immediately thereafter.
--------------------------------------------------------------------------------
Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202