The Star-Orion South Diamond Project Feasibility Study has been completed and has confirmed that a world class diamond mine is feasible in central Saskatchewan.
Probable Mineral Reserves of 279 million tonnes containing 34.4 million carats at a weighted average price of US$242 per carat.
Robust project economics over a 20 year life of mine
Close proximity to paved highways, railroads, electrical power supply and a skilled labor force.
Conservative Feasibility Study assumptions create significant opportunities for upside.
The FALC diamond district consists of some 70 kimberlites that form the largest diamondiferous kimberlite field in the world.