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STAR DIAMOND CORPORATION OBTAINS ADDITIONAL INTEREST IN BUFFALO HILLS JOINT VENTURE
STAR DIAMOND CORPORATION OBTAINS ADDITIONAL INTEREST IN BUFFALO HILLS JOINT VENTURE ...
About this update from Canterra Minerals Corporation
[{"type":"text","content":"\n \n \n \n STAR DIAMOND CORPORATION OBTAINS ADDITIONAL INTEREST IN BUFFALO HILLS JOINT VENTURE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Stock Symbol: DIAM: TSX\n \n \n \n \n \n SASKATOON, SK\n \n \n ,\n \n \n May 11, 2022\n \n \n /CNW/ - Star Diamond Corporation (TSX: DIAM) (\"Star Diamond\" or the \"Corporation\") is pleased to announce that, pursuant to a Quitclaim, Surrender and Assignment of Interest Agreement dated\n \n May 11, 2022\n \n , the Corporation has acquired an additional joint venture interest of approximately 17% in the Buffalo Hills project in north central\n \n Alberta, Canada\n \n for nominal consideration. As a result of the transaction,\n \n Star Diamond\n \n and Canterra Minerals Corporation (TSXV: CTM) each hold a 50% interest in the Buffalo Hills project.\n \n \n \n \n \n \n \n \n \n \n About Buffalo Hills Property\n \n \n \n Located  approximately 400 kilometres  northwest of\n \n Edmonton, Alberta, Canada\n \n , the Buffalo Hills project is a significant and accessible field of diamond bearing kimberlites, with similarities to the Fort á la Corne kimberlites in\n \n Saskatchewan, Canada\n \n .\n \n \n \n About Star Diamond Corporation\n \n \n \n Star Diamond Corporation is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Corporation trade on the TSX Exchange under the trading symbol \"DIAM\".\n \n Star Diamond\n \n holds, through a joint venture arrangement with RTEC (a wholly-owned subsidiary of Rio Tinto), a 25% interest in certain Fort à la Corne kimberlites (including the Star – Orion South Diamond Project). These properties are located in central\n \n Saskatchewan\n \n , in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development. Rio Tinto refers to their Fort à la Corne mineral properties as \"Project FalCon\". During 2018,\n \n Star Diamond...