Star Diamond Corporation Receives Notice From Rio Tinto Exploration Canada Inc. Under Option to Joint Venture Agreement
November 15 2019 - 8:00AM
PR Newswire (Canada)
TSX: DIAM
SASKATOON, Nov. 15, 2019 /CNW/ - Star Diamond
Corporation ("Star Diamond"
or the "Corporation") is pleased to announce that it has
received notice from Rio Tinto Exploration Canada Inc. ("RTEC")
advising the Corporation that RTEC has provided notice for the
exercise of all four options under the Option to Joint Venture
Agreement entered into in 2017. The Corporation is reviewing the
notice and the report of expenditures provided with the notice and
will provide further information following the completion of that
review.
About Star Diamond Corporation
Star Diamond Corporation is a Canadian based corporation engaged
in the acquisition, exploration and development of mineral
properties. Shares of the Corporation trade on the TSX Exchange
under the trading symbol "DIAM". The Fort à la Corne kimberlites
(including the Star - Orion South Diamond Project) are located in
central Saskatchewan in close
proximity to established infrastructure, including paved highways
and the electrical power grid, which provide significant advantages
for future mine development.
SOURCE Star Diamond Corporation
Copyright 2019 Canada NewsWire
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