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Fort à la Corne kimberlites: Target For Further Exploration (TFFE) estimated between 52 and 90 million carats
Stock Symbol: SGF: TSX SASKATOON , March 6, 2014 /CNW/ - On behalf of Shore Gold I...
About this update from Star Diamond Corporation
[{"type":"text","content":"\n\n\nStock Symbol: SGF: TSX\n\n\nSASKATOON, March 6, 2014 /CNW/ - On behalf of Shore Gold Inc. (\"Shore\"\n or the \"Company\"), George H. Read, P. Geo., Senior Vice President\n Exploration and Development of Shore is pleased to announce an estimate\n of the Target For Further Exploration (\"TFFE\", formerly known as\n \"Potential Mineral Deposit\") for five partially evaluated kimberlites\n and the portions of the Star and Orion South Kimberlites, which fall\n outside the Indicated and Inferred Resources previously estimated (see\n SGF News Release July 14, 2011). These seven Fort à la Corne\n kimberlites fall within the 100 percent Shore owned Star Diamond\n Project and the adjacent Fort à la Corne Joint Venture (\"FALC-JV\": 67\n percent Shore and 33 percent Newmont Mining Corporation of Canada\n Limited). The TFFE is conceptual in nature and is not a Mineral\n Resource and it is uncertain whether further exploration work will\n result in the TFFE being delineated as a Mineral Resource.\n\n\nTarget for Further Exploration (TFFE)\n\n\nThe TFFE for these seven Fort à la Corne Kimberlites is estimated to\n include between 983 million and 1.17 billion tonnes of kimberlite\n containing between 52 and 90 million carats of diamonds. The details of\n the TFFE estimates for the individual kimberlites are listed in Table 1 below.\n\n\nTable 1. TFFE Summary Table by Kimberlite Body\n\n\n\n\nKimberlite Body and Lithologic Units\n\n\nRange of Tonnes1\n(000's)\n\n\n Range of Grade2 \n(cpht, DTC+1)\n\n\n Range of Carats3 \n(000's, DTC+1)\n\n\n\n\nStar EJF& PENSE4\n\n\n19,935 - 26,010\n\n\n2.61 - 13.13\n\n\n1,094 - 2,379\n\n\n\n\nOrion South (K140, K141) EJF5\n\n\n81,530 - 99,986\n\n\n4.41 - 9.87\n\n\n4,000 - 8,955\n\n\n\n\nOrion North (K120) EJF\n\n\n170,749 - 198,723\n\n\n5.27 - 10.94\n\n\n9,732 - 20,209\n\n\n\n\nOrion North (K147, K148, K220) EJF 3 & 4 \n\n\n340,421 - 410,302\n\n\n2.75 - 8.37\n\n\n15,740 - 30,241\n\n\n\n\nTaurus (K118) EJF 2 & 3\n\n\n95,879 - 108,538\n\n\n2.95 - 10.95\n\n\n6,504 - 7,778\n\n\n\n\nTaurus (K122) EJF\n\n\n117,413 - 136,012\n\n\n4.41 - 14.68\n\n\n5,738 - 8,768\n\n\n\n\nTaurus (K150) EJF 1 & 2\n\n\n156,783 - 189,236\n\n\n4.30 - 7.22\n\n\n9,052 - 12,310\n\n\n\n\nTotal \n\n\n 982,710 - 1,168,807 \n\n\n \n\n\n51,860 - 90,640\n\n\n\n\n\n\n\n\n\...