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Stornoway Diamond Corp. Bulk Sampling at Renard 65 Kimberlite to Commence Soon

Investing News Network
Jul. 23, 2012 07:32AM PST
Diamond Investing

Stornoway Diamond Corporation (TSX:SWY) will soon commence a 5,000 tonne bulk sample program of the Renard 65 Kimberlite pipe at its Renard Diamond Project in north-central Quebec.

Stornoway Diamond Corporation (TSX:SWY) will soon commence a 5,000 tonne bulk sample program of the Renard 65 Kimberlite pipe at its Renard Diamond Project in north-central Quebec.

As quoted in the press release:

The objective of the bulk sample program is to collect a large enough parcel of diamonds to allow the conversion of material that is currently classified as an Inferred Mineral Resource to an Indicated Mineral Resource and then, if warranted, to a Mineral Reserve. Five thousand tonnes will be acquired from a previously opened trench where the R65 kimberlite is exposed at surface at its northern extent, and will be processed initially at Stornoway’s 10 tonne per hour dense media separation plant located at the project site.

Stornoway President and CEO Matt Manson said:

“The Renard 65 bulk sample program announced today offers the opportunity to add a large tonnage of open pit reserves to the Renard mine plan. Renard 65 is the largest of the project’s kimberlites, and although its grade is lower than Renard 2 and 3, its diamond characteristics are similar and it is easily accessible from surface.”

Click here to read the Stornoway Diamond Corp. (TSX:SWY) press release

See this press release on Marketwire
Click here to see the Stornoway Diamond Corp. (TSX:SWY) profile

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