Business
Five Star Diamonds: Drilling to Commence at Jaibaras Diamond Project
TORONTO, ONTARIO--(Marketwired - May 9, 2017) - Five Star Diamonds Limited (TSXV: STAR) (the "Company" or "Five Star Diamonds") is very pleased to provide the f
About this update from Trinity One Metals Ltd.
[{"type":"text","content":"TORONTO, ONTARIO--(Marketwired - May 9, 2017) - Five Star Diamonds Limited (TSXV: STAR) (the \"Company\" or \"Five Star Diamonds\") is very pleased to provide the following update on its 100% owned Jaibaras Diamond Project (the \"Jaibaras Project\" or \"the Project\") in Para State, Brazil. Highlights The Jaibaras project was discovered by De Beers in 1990. Five Star Diamonds has now identified eight targets (J1 to J8) on the Jaibaras Project. The J1 kimberlite pipe has been drilled and sampled by De Beers and proven to be diamondiferous. The J1 and J2 kimberlite pipes have been mini bulk sampled by Five Star Diamonds with macro diamonds recovered from both pipes. Kimberlite indicator sampling at the J3 and J4 kimberlite pipes have recently been completed with the J4 pipe returning the most promising results ever seen by Five Star Diamonds in Brazil. Auger drilling and kimberlite indicator sampling programmes are now underway at the J5, J6, J7 and J8 targets. A diamond core drilling programme focused on bulk sampling the oxide zone is expected to commence at the J1 and and J2 pipes in the coming three weeks. The 5tph Pilot Plant from Catalao (wash and rotary pan concentrate plant) is now being demobilized and packed for relocation to the Jaibaras Project. A trial mining application for the Jaibaras Project will be submitted in the coming months. The Jaibaras Diamond Project is located in Para State in Brazil and comprises one mineral property with 522.26 hectares. De Beers discovered the Jaibaras kimberlite cluster in 1990 during intensive Brazilian exploration. Their work included sampling for Kimberlite Indicator Minerals (\"KIMs\") and chemistry, aeromagnetic and ground magnetic surveys, drilling, trenching, microdiamond sampling and geochronology. The kimberlites were demonstrated to be diamond positive. To date eight kimberlite targets at the Jaibaras Project have been identified. Exploration work executed to date includes; Surface surveying using drone technology to create an imagery base of 8.38 square kilometres area; Ground magnetic survey using 100m line spacing has defined the locations of J1 to J8. A total of 53.70 linear kilometres have been surveyed during this phase; Pit excavation into the J1 target further confirmed the presence of KIMs including pyrope garnets, ilmenite, phlogopite, olivine and Cr-spinel; Mini ...