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Five Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is very pleased to provide the following update on its 100% owned Verissimo Diamond Project (the “Verissimo Project” or “the Project”) in Goias State, Brazil. As quoted in the press release: Highlights The Verissimo Project was discovered in 2005. Five Star Diamonds has identified …
Five Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is very pleased to provide the following update on its 100% owned Verissimo Diamond Project (the “Verissimo Project” or “the Project”) in Goias State, Brazil.
As quoted in the press release:
Highlights
The Verissimo Project was discovered in 2005.
Five Star Diamonds has identified ten targets with two (V1 and V2) confirmed as kimberlitic pipes.
The V1 and V2 kimberlite pipes have been bulk sampled by Five Star Diamonds with samples being processed through the Catalao project’s pilot plant.
Bulk sampling has proven that the V1 kimberlite pipe is diamond bearing. Diamonds recovered at the V1 kimberlite pipe are white and are of high quality.
A single diamond core drill hole was completed into each of the V1 and V2 kimberlite pipes. Samples are being collected and prepared for caustic fusion analysis and microdiamond count.
Auger drilling and kimberlite indicator sampling programmes will commence in the coming months on kimberlite targets V3-V10.