Star Diamond Project underground bulk sampling complete: Star shaft decommissioned



    Stock Symbol: SGF: TSX

    SASKATOON, April 25 /CNW/ - George H. Read, P. Geo., Senior Vice
President Exploration and Development, is pleased to announce that the
underground bulk sampling on the Star Diamond Project has been completed
successfully and the shaft has been decommissioned. In excess of 70,000 tonnes
of kimberlite have been recovered from the underground bulk sampling program
on Star. Final kimberlite tonnages and diamond grades will be published as
soon as all remaining surface stockpiles of kimberlite have been processed
through the on-site dense media separator (DMS) plant and the diamonds
recovered at the laboratory of SGS Lakefield in Ontario. All equipment has
been withdrawn from the underground workings and the shaft has been capped
with a steel plate. The head frame, hoists and related equipment will remain
on Star pending a decision to commence an underground bulk sample on one of
the kimberlites within the Orion Cluster, at which time the equipment will be
relocated for use thereon.
    Senior Vice President Exploration and Development, George Read, states:
"The underground bulk sampling program on Star has been highly successful in
proving the true grade of the kimberlite lithologies sampled and the value of
the diamond population sampled in the Cantuar (US$147 per carat) and Early
Joli Fou (US$130 per carat) Kimberlites. The underground bulk sampling also
illustrated the need to excavate large tonnage samples from the Star
Kimberlite lithologies to accurately determine the diamond grade and price for
evaluation at the exploration stage. The overall dollar per carat prices of
the EJF, Pense and Cantuar underground bulk sample diamond populations will be
available later this year. The shaft and underground drifts have been
geologically and geotechnically mapped and surveyed in detail. Representative
samples have also been excavated from the EJF, Pense and Cantuar Kimberlites
for ore dressing test work for future processing plant designs. The Star shaft
and underground drifting have provided Shore geologists with valuable
information about the Star Kimberlite and its future economic potential. All
diamond grade and value data from the underground bulk samples and large
diameter drilling mini-bulk samples will be integrated with the tonnage
calculations of the geological model to ultimately calculate a NI43-101
compliant Mineral Resource for the Star Kimberlite which we estimate will be
available in 2008."
    The Star Kimberlite is currently being evaluated using a combination of
pattern core drilling, underground bulk sampling and large diameter drilling.
This evaluation program, with a budget of some $60 million, will determine the
presence of a National Instrument 43-101 compliant Mineral Reserve for the
Star Kimberlite. Senior Vice President Exploration and Development, George
Read, Professional Geoscientist in the Provinces of Saskatchewan and British
Columbia, is the Qualified Person responsible for the verification and quality
assurance of analytical results. Shore is a Canadian based corporation engaged
in the acquisition, exploration and development of mineral properties. Shares
of the Company trade on the TSX Exchange under the trading symbol "SGF".

    Caution Regarding Forward-Looking Statements

    From time to time, Shore makes written or oral forward-looking statements
within the meaning of certain securities laws, including the "safe harbour"
provisions of the Ontario Securities Act and the United States Private
Securities Litigation Reform Act of 1995. Shore may make such statements in
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Shore does not undertake to update any forward-looking statement, whether
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For further information: Adam Buchanan, Manager, Investor and Community
Relations at (306) 667-3503


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