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21 Carat Diamond Found

A 21 carat diamond has been found by the Stornoway Diamond Corporation at the Renard project in Quebec, Northern Canada.

A number of samplings have been conducted at Renard, a joint project of Stornoway and SOQUEM in Quebec.

The company noted that in one sampling of 494 tons of gravel, 5,898 diamonds were recovered with a total weight of 528.97 carats. The largest stone to be uncovered weighed 21.53 carats. Another sampling of 439 tons yielded 4,622 diamonds with a total weight of 508.6 carats. A third sampling of 185 tons produced 1,018 diamonds weighing 117.78 carats all together.

The company’s CEO Eira Thomas noted: “The recovery of a 21 carat diamond in an exploration size sample from the Lynx dyke is a spectacular result. Large, high value gems are important value drivers for a potential Renard diamond mine and it is encouraging to see these diamonds being regularly recovered at each stage of assessment.”

A diamond weighing 10.15 carats has also been recovered. In addition to the 10.15 carat stone, the five largest diamonds recovered at Renard 3 weighed 7.78 carats, 6.36 carats and 6.09 carats.

Stornoway’s CEO Eira Thomas stated: “The final diamond recovery results from Renard 3 have exceeded our expectations. It is particularly noteworthy that this sample has yielded a higher average diamond content of 139 cpht* compared to 126 cpht from historical work. We continue to be encouraged by the potential of the Renard Project to become Quebec’s first diamond mine.”

Thomas added: “With the expected approval of Phase 2 of the pre-feasibility study by the project partners, we are confident that the project is on track to become Quebecâ??s first diamond mine.â?

* carats per hundred tonnes

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