Star Diamond Corp. Provides Commentary on Updated MRE
Star Diamond's CEO, Ewan Mason, and Senior VP of Corporate Development, George Read, provide commentaries on the Star-Orion South Diamond Project's updated Mineral Resource Estimate. They are available for a live Q&A following the discussion.
Thu, July 25, 2024 at 11:00 AMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on the recent press release from Stardiamond Corp regarding a revised mineral resource estimate for the Orion South Diamond Project. Ewan Mason, Chair and CEO, and George Reed, SVP Corporate Development, discussed the implications of the new estimate, the data integration process, and the anticipated timeline for project development. Key Discussion Points - Announcement of a revised mineral resource estimate for the Orion South Diamond Project. - Discussion on the integration of data from Rio Tinto and other consultants to improve resource estimates. - Emphasis on the potential for breaking ground within 3 to 5 years, contingent on financing. - Overview of the advantages of mining Orion South first due to its lower overburden and higher-grade diamonds. - Explanation of the significant improvements in carats and grade compared to previous estimates. - Clarification on why bulk sampling is not required for the current resource estimate. Decisions M...
Mr. Mason has extensive experience in corporate financings, restructuring and advisory work. He has worked as a contract geologist for a number of mining companies. Following receipt of his MBA he was employed by Richardson Greenshields (which was acquired by RBC Dominion Securities), rising to the role of Managing Director with RBC. During his tenure at RBC, Mr. Mason spent two years in London England, initiating global coverage of mining conglomerates around the world. Following his time at RBC, Mr. Mason was recruited by TD Securities to start up and head the re-launch of a mining investment banking team. Clients which Mr. Mason brought to TD in lead relationships include amongst others Xstrata plc, BHP Billiton,Vale, Votorantim, Buena Ventura, IAMGOLD, Gammon Gold, Jaguar Mining, HudBay Minerals, Northgate Minerals, Equinox Minerals, Eurozinc and International Minerals. Since leaving TD, Mr. Mason has served as a director for mining and exploration companies. He is currently the owner, officer and director of private corporations that are engaged in retail, inventory management and personal training and wellness.
SVP, Corporate Development at Star Diamond Corporation
Mr. Read is a diamond exploration geologist with over 39 years of international experience. After
graduating in geology and geochemistry from the University of Cape Town (BSc. Hons., 1983), Mr. Read
joined De Beers in South Africa. During his 12 years with De Beers, he worked on a wide spectrum of
diamond exploration projects in Africa (South Africa, Botswana, Namibia and Zimbabwe, Mali and
Tanzania), in addition to Canada and Brazil. Mr. Read came to Canada as a Landed Immigrant in early
1997 and worked as a consultant for several companies in Alberta, NWT, Nunavut, Saskatchewan,
Manitoba, Ontario and Quebec, in addition to projects in Greenland and Brazil. Mr. Read commenced
with Star Diamond Corporation in late 2003 and since that time has led the team responsible for the
exploration and evaluation of the Fort a la Corne kimberlites. During his career of almost four decades,
he has encountered and solved many of the diverse problems associated with diamond exploration and
evaluation programs. Mr. Read is a Fellow of the Geological Association of Canada and a Professional
Geoscientist in the Provinces of Saskatchewan and British Columbia. Mr. Read became a citizen of
Canada in September 2005.
Replay transcript excerpt
Speaker 1: I'll say good morning, good afternoon, good evening, depending on where in the world you're signing in from today. I'm joined today by Ewan Mason, Chair and CEO of Stardiamond Corp and George Reed, the company's SVP Corporate Development. Good morning, both of you. Speaker 2: Good morning. Good morning. Speaker 1: And today we'll be discussing the company's pretty exciting recent press release announcing a revised mineral resources estimate Speaker 1: for the Orion South Diamond Project. A bit of housekeeping before we get to the protein. Today's event is being recorded and the replay will be available probably about mid afternoon actually because we're nice and early today. This is also an interactive event. So if you'd like to ask questions to you and George, please do. There's a chat button in the bottom right of your screen. Ask at any time during today's chat. We'll try to get to as many questions as we can. If we don't get to them, don't worry. I'll pass your questions directly on to the Star Diamond team, and they'll get back to you as soon as possible. Here's how today's event is going to go. I'm gonna throw it 1st to Ewan to give some context for Speaker 1: this press release, then to George for some of the details. Then I got a couple of questions for both of them and I'll shoot it to you guys for the audience questions. So that's broadly how it's gonna go today. Without further ado, I'll pass to you and to kind of sum up and give us some context. Speaker 2: Well, great, Thanks, Romeo, and good day, everybody. Speaker 2: You know, quite simply, back when Rio gave their walking notice 2 years ago, we realized we had to do something epic to be able to move this project forward and to get into a position Speaker 2: to be breaking ground in a reasona...