Stornoway Diamond Corporation (TSX:SWY) reported that the winter road to its Renard project has been completed by the Québec Ministère des Transports. Stornoway will use the road to mobilize heavy equipment for the construction of an all season road to the project.
As quoted in the press release:
The MTQ winter road has been constructed under a Framework Agreement executed on November 15th 2012 by Stornoway, the MTQ, the Québec Ministère des Ressources Naturelles, and the Québec Ministère des Finances et de l’Économie (“MFE”). Under the terms of this agreement, a 240km long all-season road linking Renard to the Québec highway network is currently being constructed in four segments, A to D. Progress is well established on segments A and B, which are being completed by the MTQ as a 70km/hr two-lane gravel highway.
Get Our Expert Guide to Diamond Investing FREE!Download this FREE Special Report, Investing in Stornoway Diamonds or Other Canadian Diamond Mines – Beyond the Diamond Price Calculator.