Business
Star - Orion South Diamond Project updated rough diamond prices: 31 to 46 percent increases since February 2011
Jul. 28, 2011 (Canada NewsWire Group) -- Stock Symbol: SGF: TSX SASKATOON, July 28, 201...
About this update from Star Diamond Corporation
[{"type":"text","content":"\n\n\n Jul. 28, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nStock Symbol: SGF: TSX\n\n\nSASKATOON, July 28, 2011 /CNW/ - George H. Read, P. Geo., Senior Vice\n President Exploration & Development of Shore Gold Inc. ("Shore") is\n pleased to announce the completion of an updated valuation of the\n diamond parcels from the Star and Orion South Kimberlites. This\n valuation confirms the significant rough diamond price increases\n recently reported in the News Release highlighting the results of the\n combined Feasibility Study ("FS") on the Star-Orion South Diamond\n Project ("the Project")(Shore News Release July 14, 2011). These Parcel\n and Model prices were determined by WWW International Diamond\n Consultants Limited ("WWW"), an industry leading rough diamond\n valuation and consulting company. In this current valuation exercise\n WWW has applied its July 18, 2011 price book to parcels from Star and\n Orion South. All price figures are expressed in US dollars.\n\n\nThe Parcel and Model price details for each of the kimberlite units in\n the Star Kimberlite are listed in the table below.\n\n\n\n\n\n\nStar \nKimberlite \nUnit\n\n\nCarats\n\n\nParcel \nPrice\n($/carat)\n\n\nModel\nPrice\n($/carat)\n\n\nMinimum\nPrice\n($/carat)\n\n\nHigh\nPrice\n($/carat)\n\n\nParcel Price \nPercentage Increase \nfrom February, 2011\n\n\n\n\nCantuar\n\n\n1,667.96\n\n\n376\n\n\n456\n\n\n347\n\n\n651\n\n\n31\n\n\n\n\nPense\n\n\n1,410.47\n\n\n185\n\n\n237...