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Stornoway Announces 56% Increase in Renard Diamond Price Estimate
Jun. 13, 2011 10:03AM PST
Diamond InvestingStornoway Diamond Corporation (TSE:SWY) announced the results of diamond valuation from the Renard Diamond Project.
Stornoway Diamond Corporation (TSX:SWY) announced the results of diamond valuation from the Renard Diamond Project.
The press release is quoted as saying:
Diamond price models represent the true diamond price that might reasonably be expected for each kimberlite upon production based on standard commercial-scale recoveries of all diamond size classes.
Matt Manson, President and CEO, commented:
“Our feasibility study, which is on track for delivery in the third quarter, will outline a project with a high production rate, high diamond price, long mine life potential, and available road and power infrastructure in a leading, pro-mining jurisdiction.”
Click here to read the entire news release.
Click here for a profile of Stornoway Diamond Corporation ( TSE:SWY)
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