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Stornoway Diamond Corporation (TSX:SWY) has concluded the field portion of its 2014 resource expansion drill program at its Renard Diamond project has now been completed. Detailed core logging, three dimensional geological modelling, sampling and other data collection is still ongoing at the project.
Stornoway Diamond Corporation (TSX:SWY) has concluded the field portion of its 2014 resource expansion drill program at its Renard Diamond project has now been completed. Detailed core logging, three dimensional geological modelling, sampling and other data collection is still ongoing at the project.
As quoted in the press release, highlights from the drill program included:
- 12,010 meters of deep directional drilling has been completed at the Renard 2 kimberlite in 33 branches from 3 pilot holes;
- The deepest kimberlite intersection returned was at 1,012 vertical metres below surface, at which point Renard 2 is interpreted to have a cross sectional area of greater than 1 hectare, and to be open at depth;
- The overall dimensions of the Renard 2 body at depths below 600 meters are comparable to the dimensions in the upper portion of the pipe in the area of the current Mineral Reserve, with a preliminary geological model suggesting a tonnage range of 9 to 12 mTonnes between 600m and 1,000m depth;
- The four primary kimberlite rock types identified in the upper pipe are present and remain consistent in the deep drilling; and
- Sample processing of drill core for diamond content has begun with the recovery of a 1.01 carat diamond from a caustic fusion sample and a 0.97 carat diamond from a dense media separation sample, the presence of such large diamonds in small samples being a characteristic of the Renard Project.
Stornoway president and CEO, Matt Manson, said:
This is a remarkable ore body, and the 2014 drill program, which has been technically challenging to complete, has succeeded in delineating many years of potential mining beyond the current 11 year reserve based mine plan. We now move into the detailed geological modeling and sample processing work, with a revised Mineral Resource estimate expected at the end of Q2 2015.
Click here to read the Stornoway Diamond Corporation (TSX:SWY) press release
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