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Positive sign for developers of proposed Saskatchewan diamond mine – Globalnews.ca

November 18, 2019

Mining giant Rio Tinto is planning to exercise all of its options in a diamond exploration site in Saskatchewan.

Star Diamond Corporation announced on Nov. 15 that Rio Tinto Exploration Canada (RTEC), a wholly-owned subsidiary of Rio Tinto, has provided notice to exercise options that include exploration and testing under an earn-in agreement.

Star Diamond said it will provide further information following a review of the notice.

It’s a move that’s seen as good news for the Star-Orion South Diamond project, which is located approximately 65 kilometres m east of Prince Albert in the Fort à la Corne forest.

Read More: https://globalnews.ca/news/6185705/positive-sign-for-developers-of-proposed-diamond-mine-in-sask/

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