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Five Star Diamonds Announces Positive Bulk Sampling Results from Maravilha Diamond Project
TORONTO, March 12, 2018 (GLOBE NEWSWIRE) -- Five Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is extremely pleased to provide final
About this update from Trinity One Metals Ltd.
[{"type":"text","content":"TORONTO, March 12, 2018 (GLOBE NEWSWIRE) -- Five Star Diamonds Limited (TSXV:STAR) (the “Company” or “Five Star Diamonds”) is extremely pleased to provide final results from its initial bulk sampling of the M3 Kimberlite pipe located at its 100% owned Maravilha Diamond Project (the “Maravilha Project”) in Brazil. Highlights A total of 658 macro and microdiamonds recovered from first 1 tonne bulk sample. A total diamond weight achieved of 0.63 carats. Approximately 87.5% or 576 of the diamonds recovered are transparent in nature and 92.7% or 610 diamonds are white in colour. Additional bulk sampling and drilling programmes are currently being planned to fast track this project and the M3 kimberlite discovery. A further six possible kimberlite targets have been identified across the Maravilha Project. “The Company is extremely encouraged with the positive results from the first bulk sample program at the M3 kimberlite pipe, which exceeded our expectations,” said Matthew Wood, President and CEO. “This is an exceptional early result and a very positive outcome for all stakeholders.” “Additional bulk sampling and drilling programs are being planned for the M3 kimberlite pipe and six new potential kimberlite targets have been identified at the Maravilha Project. We will look to fast-track work at the promising M3 kimberlite discovery,” added Mr. Wood. MARAVILHA DIAMOND PROJECT Five Star Diamonds is extremely pleased to announce the final results of a bulk sampling program to test the M3 kimberlite pipe. The M3 kimberlite pipe lies within the Sao Francisco Craton and is hosted by Archean meta granites and meta basalts. A ground magnetic survey indicated that the M3 kimberlite pipe has a strong magnetic response suggesting an ovoid shape measuring approximately 130 by 65 meters with the major axis aligned along a northeast southwest direction. Earlier this year the Company submitted a 1.04 tonne bulk sample (CF-MAR-1) for caustic fusion and diamond analysis at the SGS Geosol Laboratory (“SGS Geosol”), based in Belo Horizonte, Brazil. The dissolution by caustic fusion (NaOH) of the weathered kimberlite sample was performed by SGS Geosol and no crushing was undertaken anywhere in the process in order to minimise the risk of breakage of diamonds. A total of 36 pours were necessary to dissolve the sample from its original mass of 45.81 kilo...