Star Diamond Corp. is pleased to announce the successful closing of a $2.0 million private placement of 13,333,334 Units at a price of $0.15 per Unit . Each Unit is comprised of one common share and one warrant. Each whole warrant will entitle the holder thereof to purchase one common share at a price of $0.25, for a period of twenty-four months from closing of the Offering. The proceeds from the sale of the Units will be [...]
Star Diamond Corp. today announced that Rio Tinto Exploration Canada Inc. commenced an eight hole geotechnical drilling program on and in proximity to the Orion North Kimberlite in early January 2021. Star Diamond understands that Earth Drilling Co. Ltd of Regina Saskatchewan was contracted to drill an eight-hole program at four locations, with two holes at each location. The drill rigs being utilized are capable of sonic [...]
Star Diamond Corp. today announced that a total of 3,423 diamonds weighing 199.36 carats have been recovered to date from the tenth bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019. "We are pleased by the recovery of four larger 8.59, 6.52, 5.09, 4.04 carat diamonds from Rio Tinto Canada's tenth trench," said Ken MacNeill, President and CEO of Star Diamond. "The initial [...]
Star Diamond Corp. is pleased to announce the successful closing of a $1.0 million private placement of 5,555,556 Flow-Through Units at a price of $0.18 per Flow-Through Unit. Each Flow-Through Unit is comprised of one flow-through common share and one-half of one flow-through warrant. Each whole warrant will entitle the holder thereof to purchase one non-flow-through common share at a price of $0.25, for a period of [...]
Star Diamond Corp. today announced that a total of 3,534 diamonds weighing 210.68 carats have been recovered to date from the ninth bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019. "We are pleased by the recovery of the three larger 10.13, 8.10 and 7.29 Type IIa diamonds from Rio Tinto Canada's ninth trench. The recent recovery of larger Type IIa diamonds from Rio Tinto [...]
Star Diamond Corp. today announced that a total of 3,004 diamonds weighing 167.15 carats have been recovered to date from the eighth bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019. "We are pleased by the recovery of three larger 6.19, 4.72 and 3.50 carat diamonds from Rio Tinto Canada's eighth trench," said Ken MacNeill, President and CEO of Star Diamond. "The initial [...]
Star Diamond Corp. today announced that a total of 2,755 diamonds weighing 178.98 carats have been recovered to date from the seventh bulk sample trench excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019. "We are pleased by the recovery of two larger 16.96 and 6.35 carat D colour Type IIa diamonds from Rio Tinto Canada's seventh trench," said Ken MacNeill, President and CEO of Star Diamond [...]
Star Diamond Corp. today announced that a total of 5,161 diamonds weighing 272.59 carats have been recovered to date from the fifth and sixth bulk sample trenches excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019. "The results from Rio Tinto Canada's bulk sampling program continue to confirm our belief that the Star - Orion South Diamond Project has excellent geology with large and contiguous [...]
Star Diamond Corp. today announced that it has completed an internal study which compares the preliminary diamond results from the first four reported bulk sampling trenches excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. to the diamond results from Star Diamond's underground bulk sampling and large diameter drilling programs that were conducted between 2004 and 2009. The Study reinforces Star [...]
Star Diamond Corp. reports that the unaudited results of its operations for the three and nine months ended September 30, 2020 will be filed today on SEDAR and may be viewed at www.sedar.com once posted. A summary of key financial and operating results for the quarter ended September 30, 2020 is as follows: Highlights Announced that Rio Tinto Exploration Canada Inc., a wholly-owned subsidiary of Rio Tinto plc, continued [...]
Stock Symbol: TSX: DIAM 3,005 DIAMONDS WEIGHING 131.82 CARATS RECOVERED INCLUDING 2.69, 2.03 and 1.26 CANADA'S Star Diamond Corp. today announced that a total of 3,005 diamonds weighing 131.82 carats have been recovered to date from the fourth bulk sample trench of ten excavated on the Star Kimberlite by Rio Tinto Exploration Canada Inc. in 2019 . "The promising results from the most recent bulk sampling program continue [...]
Star Diamond Corp. announces that a total of 2,822 diamonds weighing 130.26 carats have to date been recovered from the third bulk sample trench excavated on the Star Kimberlite. These initial results are from the third of ten bulk sample trenches that were excavated by Rio Tinto Exploration Canada Inc. in 2019 . The breakdown of the kimberlite intercepted, and diamonds recovered to date from trench 19FALCT003, are [...]