Owner
Post by Franko10 ™ on Dec 13, 2004 16:14:20 GMT -5
Star Diamond Project: Over 2,737 carats to date More large diamonds in 343 carat parcel
17:00 EST Monday, December 13, 2004
Stock Symbol: SGF: TSX
SHORE GOLD INC.
SASKATOON, Dec. 13 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the eleventh set of diamond recoveries from the Star Kimberlite. The diamond recoveries to date total 2,737.67 carats from 19,737.72 dry tonnes processed. These results are for six kimberlite batches of a total of some 80 to 100 kimberlite batches that will be processed as part of the bulk sampling program on the Star Diamond Project, the aim of which is to recover a parcel of some 3,000 carats for valuation purposes. A total of 2,279 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 339.83 carats, has been recovered from the treatment of 1,809.77 dry tonnes of kimberlite. Fifty-seven diamonds greater than one carat have been recovered and the four largest stones are: 7.70, 6.31, 5.72 and 5.47 carats, respectively. In addition, 226 diamonds (3.46 carats) were recovered down to 0.85 millimetre square mesh. The colour of 67 percent of these diamonds has been classified as white, with a further 12 percent classified as off-white.
These six kimberlite batches (of a total of 62 processed) have been mined from the Southeast drive (Batches 45A, 45B, 46 and 47) and the North drive (Batches 48 and 49) developed from the 235 metre shaft station. All of these kimberlite batches have been recovered from within the Early Joli Fou equivalent kimberlite. Results to date have shown that higher diamond grades are associated with the Early Joli Fou equivalent kimberlite than with the Late Joli Fou equivalent kimberlite. The relationships between these two kimberlites types are illustrated in cross sections available on the Shore Gold website: www.shoregold.com.
Batches 50, 51A, 51B, 52, 53, 54, 55A, 55B, 56A, 56B and 57A (all from 235 metre level) have been processed on-site and the concentrates dispatched to the sorting laboratory for final diamond recovery. Results from these batches are pending. A total of 22,500 dry tonnes has been processed through the on-site DMS plant. All batches processed to date are classified as crater facies volcaniclastic kimberlites.
Kimberlite processed and diamond results from the latest six sample batches are listed in the table below. Grades are expressed in carats per hundred tonnes (cpht).
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Location Diamonds Largest
Batch (metres below Dry Number of Total Grade Stone
No. surface) Tonnes Stones (carats) (cpht) (carats)
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45A 235 m Level: SE drive 229.67 295 29.81 12.98 2.56
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45B 235 m Level: SE drive 233.53 310 35.65 15.26 1.70
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46 235 m Level: SE drive 235.08 448 46.01 19.57 4.29
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47 235 m Level: SE drive 377.70 510 61.73 16.34 2.63
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48 235 m Level: N drive 355.02 530 74.17 20.89 4.45
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49 235 m Level: N drive 378.77 412 95.92 25.32 7.70
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Total 1,809.77 2,505 343.29 18.97
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The four largest stones are: 7.70 (Batch 49, White), 6.31 (Batch 49,
Grey), 5.72 (Batch 49, Off-white) and 5.47 (Batch 49, White) carats,
respectively. Twenty-one diamonds exceed two carats and 57 diamonds exceed one
carat, of which 33 are white, 12 are off-white, 8 are grey, 3 are brown and
one is yellow. A total of 111 diamonds exceed 0.5 carat. Sixty-seven percent
of this diamond parcel is classified white in colour, with a further
12 percent classified as off-white. The diamond parcel includes 16 yellow,
8 pink, and 4 amber stones. Ninety-nine percent of the carat weight of this
parcel occurs in diamonds greater than 1.18 millimetre square mesh.
Senior Vice President Exploration, George Read, states: "This parcel
brings our total diamond recoveries to 2,737 carats, which places Shore in an
excellent position to recover well in excess of 3,000 carats from the complete
bulk sample. Completion of on-site kimberlite bulk sample processing is
expected in early January and final diamond recoveries will be reported as
soon as they are available from SGS Lakefield Research. The final diamond
parcel will be acid cleaned and subsequently valued by a number of
independent, expert valuators. The average 'run of mine' value for the Star
diamond parcel will then be published. We are confident that the frequency of
large stones and the abundance of white goods will add significant value to
the Star diamond parcel."
The diamond recovery procedure includes on site processing of kimberlite
through the modular dense media separator (DMS), after which DMS concentrates
are batch fed through an X-ray Flow-sort. In order to ensure the recovery of
low luminosity diamonds, the Flow-sort tailings are processed over a grease
table. Flow-sort and grease table concentrates are transported by a secure
carrier to SGS Lakefield Research for final diamond recovery. The SGS
Lakefield Research process includes drying, screening, magnetic separation,
manual sorting and diamond weighing and description. SGS Lakefield Research is
accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as
a testing laboratory for specific tests.
Senior Vice President Exploration, George Read, Professional Geoscientist
in the Provinces of Saskatchewan and British Columbia, is the Qualified Person
responsible for the verification and quality assurance of analytical results.
The Star Diamond Project 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
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/
17:00 EST Monday, December 13, 2004
Stock Symbol: SGF: TSX
SHORE GOLD INC.
SASKATOON, Dec. 13 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration, is pleased to announce the eleventh set of diamond recoveries from the Star Kimberlite. The diamond recoveries to date total 2,737.67 carats from 19,737.72 dry tonnes processed. These results are for six kimberlite batches of a total of some 80 to 100 kimberlite batches that will be processed as part of the bulk sampling program on the Star Diamond Project, the aim of which is to recover a parcel of some 3,000 carats for valuation purposes. A total of 2,279 commercial sized diamonds (greater than 1.18 millimetre square mesh screen), collectively weighing 339.83 carats, has been recovered from the treatment of 1,809.77 dry tonnes of kimberlite. Fifty-seven diamonds greater than one carat have been recovered and the four largest stones are: 7.70, 6.31, 5.72 and 5.47 carats, respectively. In addition, 226 diamonds (3.46 carats) were recovered down to 0.85 millimetre square mesh. The colour of 67 percent of these diamonds has been classified as white, with a further 12 percent classified as off-white.
These six kimberlite batches (of a total of 62 processed) have been mined from the Southeast drive (Batches 45A, 45B, 46 and 47) and the North drive (Batches 48 and 49) developed from the 235 metre shaft station. All of these kimberlite batches have been recovered from within the Early Joli Fou equivalent kimberlite. Results to date have shown that higher diamond grades are associated with the Early Joli Fou equivalent kimberlite than with the Late Joli Fou equivalent kimberlite. The relationships between these two kimberlites types are illustrated in cross sections available on the Shore Gold website: www.shoregold.com.
Batches 50, 51A, 51B, 52, 53, 54, 55A, 55B, 56A, 56B and 57A (all from 235 metre level) have been processed on-site and the concentrates dispatched to the sorting laboratory for final diamond recovery. Results from these batches are pending. A total of 22,500 dry tonnes has been processed through the on-site DMS plant. All batches processed to date are classified as crater facies volcaniclastic kimberlites.
Kimberlite processed and diamond results from the latest six sample batches are listed in the table below. Grades are expressed in carats per hundred tonnes (cpht).
-------------------------------------------------------------------------
Location Diamonds Largest
Batch (metres below Dry Number of Total Grade Stone
No. surface) Tonnes Stones (carats) (cpht) (carats)
-------------------------------------------------------------------------
45A 235 m Level: SE drive 229.67 295 29.81 12.98 2.56
-------------------------------------------------------------------------
45B 235 m Level: SE drive 233.53 310 35.65 15.26 1.70
-------------------------------------------------------------------------
46 235 m Level: SE drive 235.08 448 46.01 19.57 4.29
-------------------------------------------------------------------------
47 235 m Level: SE drive 377.70 510 61.73 16.34 2.63
-------------------------------------------------------------------------
48 235 m Level: N drive 355.02 530 74.17 20.89 4.45
-------------------------------------------------------------------------
49 235 m Level: N drive 378.77 412 95.92 25.32 7.70
-------------------------------------------------------------------------
Total 1,809.77 2,505 343.29 18.97
-------------------------------------------------------------------------
The four largest stones are: 7.70 (Batch 49, White), 6.31 (Batch 49,
Grey), 5.72 (Batch 49, Off-white) and 5.47 (Batch 49, White) carats,
respectively. Twenty-one diamonds exceed two carats and 57 diamonds exceed one
carat, of which 33 are white, 12 are off-white, 8 are grey, 3 are brown and
one is yellow. A total of 111 diamonds exceed 0.5 carat. Sixty-seven percent
of this diamond parcel is classified white in colour, with a further
12 percent classified as off-white. The diamond parcel includes 16 yellow,
8 pink, and 4 amber stones. Ninety-nine percent of the carat weight of this
parcel occurs in diamonds greater than 1.18 millimetre square mesh.
Senior Vice President Exploration, George Read, states: "This parcel
brings our total diamond recoveries to 2,737 carats, which places Shore in an
excellent position to recover well in excess of 3,000 carats from the complete
bulk sample. Completion of on-site kimberlite bulk sample processing is
expected in early January and final diamond recoveries will be reported as
soon as they are available from SGS Lakefield Research. The final diamond
parcel will be acid cleaned and subsequently valued by a number of
independent, expert valuators. The average 'run of mine' value for the Star
diamond parcel will then be published. We are confident that the frequency of
large stones and the abundance of white goods will add significant value to
the Star diamond parcel."
The diamond recovery procedure includes on site processing of kimberlite
through the modular dense media separator (DMS), after which DMS concentrates
are batch fed through an X-ray Flow-sort. In order to ensure the recovery of
low luminosity diamonds, the Flow-sort tailings are processed over a grease
table. Flow-sort and grease table concentrates are transported by a secure
carrier to SGS Lakefield Research for final diamond recovery. The SGS
Lakefield Research process includes drying, screening, magnetic separation,
manual sorting and diamond weighing and description. SGS Lakefield Research is
accredited to the ISO/IEC 17025 standard by the Standards Council of Canada as
a testing laboratory for specific tests.
Senior Vice President Exploration, George Read, Professional Geoscientist
in the Provinces of Saskatchewan and British Columbia, is the Qualified Person
responsible for the verification and quality assurance of analytical results.
The Star Diamond Project 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
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/
