Star Diamond Corporation reports that the unaudited financial results for the quarter ended June 30, 2024, will be filed today on SEDAR+ and may be viewed at www.sedarplus.ca once posted.
In the Overview, the Star Diamond Corporation said, Star Diamond Corporation is a Canadian natural resource company focused on exploring and developing Saskatchewan’s diamond resources. Star Diamond holds a 100% interest in the Fort à la Corne Project which includes the Star – Orion South Diamond Project located in central Saskatchewan, Canada.
These properties are in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development. The Company also holds a 100% interest in the exploration and evaluation properties and assets of the Buffalo Hills Diamond Project.
Located approximately 400 kilometres northwest of Edmonton, Alberta, Canada, the BH Project includes 21 mineral leases covering 4,800 hectares and is a significant and accessible field of diamond bearing kimberlites, with similarities to the Company’s Fort á la Corne kimberlites.
The BH Project is located in the Buffalo Hills Kimberlite District, which contains at least 38 individual kimberlite bodies, of which 26 kimberlites are diamond bearing and a number of which outcrop at surface.
At the front of the Star Diamond Corporation Project:
On July 24, 2024, the Company announced a revised Mineral Resources Estimate (MRE) for the Star – Orion South Diamond Project. This 2024 MRE exhibits a significant increase over the previous MRE, which was published in November 2015. The table below highlights the increases in tonnes, grade and carats from the 2015 MRE to the 2024 MRE.
