Star Diamond Corp. today provided an update on the ongoing litigation between Star Diamond and Rio Tinto Exploration Canada Inc. in the Court of Queen's Bench for Saskatchewan. As previously disclosed, on June 4, 2021, the Court held a hearing in respect of the undertaking previously provided by Rio Tinto Canada to the Court. The Court reserved its decision, which is expected in the coming weeks. Notwithstanding that the [...]
Star Diamond Corp. is pleased to announce that all of the nominees listed in the management proxy circular dated March 30, 2021 were elected as directors of the Corporation at its annual meeting of shareholders held on May 13, 2021. Details of the voting results for the election of directors are set out below: Nominee Votes For Votes Withheld Number % Number % Harvey Bay 137,010,475 89.85% 15,478,127 10.15% Ewan Mason [...]
Star Diamond Corp. reports that the unaudited results of its operations for the quarter ended March 31, 2021 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 three months ended March 31, 2021 is as follows: Highlights Announced the initial results from the tenth and final trench cutter hole extracted by Rio Tinto Exploration Canada Inc [...]
Star Diamond Corp. reports that the audited results of its operations for the year ended December 31, 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 is as follows: Highlights Announced the initial results from the processing of bulk samples by Rio Tinto Exploration Canada Inc. from its 10 trench cutter hole program conducted in 2019 on the [...]
Star Diamond Corp. today announced that Rio Tinto Exploration Canada Inc. has provided written notice that it has now successfully completed the ten cutter hole bulk sample program excavated by Rio Tinto Canada in 2019 at the Star - Orion South Diamond Project. Rio Tinto Canada has confirmed to Star Diamond that this bulk sample program met Rio Tinto Canada's objective of improving confidence in the diamond grade of the [...]
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 [...]