George Read, senior vice president for exploration and development of Shore Gold (TSX:SGF), announced that Shore has successfully completed significant aspects of test work towards the updated feasibility study on the Star-Orion South diamond project.
According to the press release:
The work completed in recent months includes: Autogenous (“AG”) mill test work on Star pyroclastic kimberlite; X-ray Transmissivity (“XRT”) recovery of diamonds from Star pyroclastic kimberlite; Geotechnical investigations of the mechanical properties of the Lower Colorado Shale using an in-situ pressure meter; Mine planning scenarios to investigate the economics of higher grade starter pits; Investigation and optimization of in-pit continuous mining systems for both the removal of overburden and ore recovery. These programs investigate the use of new technology for the efficient excavation of the open pit and improvements to the flow-sheet of the diamond processing plant, while simultaneously reducing pre-production capital costs and the time to initial diamond production.
Click here for the full press release.
Learn How To Invest In Diamond Stocks, Diamond Juniors, Colored Diamonds And More.
Click here to download a Special Edition INN Report - For FREE - on diamond investing and diamond prices in 2016 .The post Star-Orion South Diamond Project Announce Updated Feasibility Study appeared first on Investing News Network.