We are pleased to announce that we are now officially known as Star Diamond Corporation, after more than 20 years in business as "Shore Gold Inc.". As of February 12, 2018, our ticker symbol on the Toronto Stock Exchange has changed from "SGF" to "DIAM".
This new corporate name is in honour of the Star Kimberlite, located in the Fort à la Corne forest of Saskatchewan, Canada. It was the exploration and evaluation work completed on the Star Kimberlite, which demonstrated the significant quality, size and value of the contained diamond populations. These high value diamonds facilitated the consolidation and advancement of the Company’s Fort à la Corne area kimberlites, including the Star - Orion South Diamond Project.
Star Diamond Corporation ("Star") is a Canadian-based corporation publicly traded on the TSX under the trading symbol "DIAM".
During 2015, the Company published an NI 43-101 compliant Mineral Resource estimate for the Star - Orion South Diamond Project located within its 100% held mineral dispositions located in the Fort à la Corne forest. These are the world's largest diamond bearing kimberlites located in central Saskatchewan in close proximity to major mining supply centres, excellent highway systems, and access to hydro-electric power supply.
During 2017, the Company granted to Rio Tinto Exploration Canada ("RTEC") four options which in aggregate permit RTEC to earn a 60% interest in the Fort à la Corne mineral dispositions (including the Star - Orion South Diamond Project).