HomeLoansSTAR DIAMOND CORPORATION ANNOUNCES SECOND QUARTER 2022 RESULTS

STAR DIAMOND CORPORATION ANNOUNCES SECOND QUARTER 2022 RESULTS

TSX: DIAM

SASKATOON, SK, Aug. 12, 2022 /CNW/ – Star Diamond Corporation (“Star Diamond” or the “Company”) today reported its financial results for the quarter ended June 30, 2022.

Highlights

  • Reported on technical and joint venture meetings with Rio Tinto Exploration Canada Inc. (“Rio Tinto Canada”) concerning the Fort à la Corne mineral properties and Rio Tinto Canada’s advice that, subject to fulfilling its existing obligations, it does not intend to commit additional capital to the Fort à la Corne properties during 2022 beyond what is necessary for care and maintenance. In addition, Rio Tinto Canada also advised that it intends to conduct a near-term review of its alternatives regarding the Fort à la Corne properties, including its potential exit
  • Announced study results identifying the abundance of Type IIa diamonds in diamond parcels recovered from the Early Joli Fou (“EJF”)…

Read more at www.newswire.ca

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