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Stornoway And Shear Discover 31 New Kimberlites At The Churchill Project

Thursday, October 11th, 2007

Stornoway Diamond Corporation and Shear Minerals Ltd. announce that a total of 31 new kimberlites have been discovered from prospecting and drilling in 2007 at the Churchill Diamond Project, Nunavut. Three of the kimberlites are interpreted to be of the high interest variety for diamonds similar to those found elsewhere on the property beginning in 2006.
Sixty-four drill-holes totaling 4,666m have been completed on the property to test new exploration targets and to define and better understand the Kahuna kimberlite.
“This year’s program has been focused on better understanding the diamond content of our known kimberlite dykes; Kahuna in particular,” says Shear President and CEO Pamela Strand. “We are further encouraged that ongoing exploration continues to uncover numerous new kimberlites including the high diamond potential variety that will require follow up drilling.”
At Kahuna, 30 drill-holes from 18 set-ups totaling 2,333m were drilled along a tested 4.5km strike length of the kimberlite dyke to provide a better understanding of its size and geometry. A total of 142m of kimberlite was intersected down hole, with single intercepts ranging from 0.5 to 4.6 metres and averaging 2.6m in true width. Drill core samples totaling 225kg were also collected for micro diamond analysis to assist in grade modeling. These results together with the remaining macrodiamond counts from the Kahuna mini bulk sample (see Sept 18, 2007 press release) are expected to be available shortly.
“The first results from the bulk sampling program at Kahuna yielded a high average diamond content of 0.90 carats per tonne and this year’s drilling supports our interpretation of a significant kimberlite body along the 4.5km proven strike length,” says Pamela Strand.
For further information visit: www.stornowaydiamonds.com

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