Geological modelling of the Star kimberlite near Fort la Corne, Sask., has put the size of the body at 276 million tonnes.
Project operator Shore Gold (SGF-T) and consultants from A.C.A. Howe International and SRK Consulting made the estimate from a 311-hole database on Shore’s wholly-owned property and on the adjoining Fort la Corne joint venture, which Shore shares with 40% partner Newmont Mining (NEM-N, NMC-T).
The kimberlite is made up of five phases, Cantuar, Pense, and Early, Middle, and Late Joli Fou, plus an upper debris-flow unit. The Early Joli Fou phase makes up 163 million tonnes of the body.
About 30% of the body — 81 million tonnes — is on the joint-ventured ground.
Shore is in the midst of a $60-million pre-feasibility study on Star, which will provide a mineral resource figure once bulk sampling and large-diameter drilling have established grade and diamond value figures for the kimberlite.
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