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Post by Franko10 ™ on Nov 9, 2004 17:01:01 GMT -5
Star Diamond Project bulk sample mining completed: 25,000 tonnes on surface
17:52 EST Tuesday, November 09, 2004
Stock Symbol: SGF: TSX-VEN
SASKATOON, SK, Nov. 9 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce that mining of the kimberlite bulk sample on the Star Diamond Project has been completed. Reconciliation of all mined rock on surface confirms that 25,000 dry tonnes of kimberlite have been mined and hauled to surface. Shore geologists are confident that the processed kimberlite will produce a diamond parcel in excess of 3,000 carats. Kimberlite processing through the on-site DMS plant proceeds on schedule and to date some 20,000 dry tonnes have been processed and the concentrates dispatched to SGS Lakefield Research for final diamond recovery. The rate of on-site kimberlite processing through the recovery plant has been increased in the past month and currently exceeds 200 tonnes per day.
The Star Diamond bulk sample program was designed to recover a parcel of at least 3,000 carats of diamonds to enable an accurate valuation of the stones. 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".
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release"
/For further information: 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/
17:52 EST Tuesday, November 09, 2004
Stock Symbol: SGF: TSX-VEN
SASKATOON, SK, Nov. 9 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce that mining of the kimberlite bulk sample on the Star Diamond Project has been completed. Reconciliation of all mined rock on surface confirms that 25,000 dry tonnes of kimberlite have been mined and hauled to surface. Shore geologists are confident that the processed kimberlite will produce a diamond parcel in excess of 3,000 carats. Kimberlite processing through the on-site DMS plant proceeds on schedule and to date some 20,000 dry tonnes have been processed and the concentrates dispatched to SGS Lakefield Research for final diamond recovery. The rate of on-site kimberlite processing through the recovery plant has been increased in the past month and currently exceeds 200 tonnes per day.
The Star Diamond bulk sample program was designed to recover a parcel of at least 3,000 carats of diamonds to enable an accurate valuation of the stones. 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".
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release"
/For further information: 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/
