Star Diamond Corp. currently holds 100% of the Fort à la Corne mineral dispositions (including the Star-Orion South Diamond Project). The Fort à la Corne mineral dispositions are located in the Fort à la Corne provincial forest of central Saskatchewan, situated some 60 kilometres east of the city of Prince Albert, Saskatchewan, Canada.  The Fort à la Corne provincial forest is an island forest, surrounded by agricultural land and urban development. Access to the Fort à la Corne area is provided by paved highways, a grid gravel road system and an extensive network of forestry roads, passable by four-wheel drive and high clearance two-wheel drive vehicles all year round. The vast extent of, and massive kimberlite volume contained in, the Fort à la Corne Field has been noted since the original discovery of these kimberlites in the late nineteen eighties. Geological models have been prepared for five partially evaluated Fort à la Corne kimberlites as well as the Star and Orion South Kimberlites (see Star Diamond Corp. News Release dated March 6, 2014).

Star Diamond Corp. also has an interest in the Buffalo Hills diamond project, located ~400km northwest of Edmonton, Alberta, Canada.

Star-Orion South Diamond Project

The Star-Orion South Diamond Project (the "Project") is located in central Saskatchewan some 60 kilometres east of the city of Prince Albert, Saskatchewan, Canada, in the Fort à la Corne diamond district of central Saskatchewan, Canada, on mineral dispositions held 100 percent by Star Diamond. The Project is in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development.

During 2018, the Saskatchewan Ministry of Environment (“Ministry”) approved the Project under The Environmental Assessment Act, indicating the “The Star-Orion South Diamond Mine is a major development with the potential to bring jobs to the area and diversify Saskatchewan’s economy” (see News Release dated October 25, 2018). The Ministry indicated that they have conducted a thorough environmental assessment for the Project, including a detailed environmental impact statement, and carried out in-depth consultation prior to the decision to approve the Project. This included fulfilling the Province’s duty to consult with local First Nations and Métis communities. The Canadian Environment Assessment Agency previously announced a positive federal Environmental Assessment Decision for the Project (see News Release dated December 3, 2014).

During 2018, Star Diamond Corp. announced the positive results of the independent Preliminary Economic Assessment (“PEA”) on the Star and Orion South Kimberlites, on mineral dispositions held 100% by Star Diamond (see Star Diamond Corp. News Release dated April 16, 2018). The PEA estimates that 66 million carats of diamonds could be recovered in a surface mine over a 38-year Project life, with a Net Present Value (“NPV”) (7%) of $2.0 billion after tax, an Internal Rate of Return (“IRR”) of 19% and an after-tax payback period of 3.4 years after the commencement of diamond production.

Our Vision

We seek to provide value to shareholders by identifying, exploring, and ultimately developing quality natural resource properties in an environmentally, socially and economically responsible manner while providing employment and economic opportunities to individuals and communities.

Our Values

Safety

We seek to maintain a safe and healthy workplace for all employees with the ultimate goal of zero lost time incidents, and to foster company-wide awareness and cooperation in safety to develop an environment in which all employees can work safely and productively.

People

We value our workforce and strive to develop a respectful and representative workplace which recognizes the diversity of individuals while promoting a team environment.

Environment

We recognize and respect the inherent value of our environment and seek to minimize our impact on the environment through strategic planning, implementation of best management practices and innovation, while striving to continually improve the quality of our environmental practices.

Communities

We value the communities neighbouring our operations and hope to see the quality of life of their citizens enhanced by emerging employment and business opportunities.

Security

We seek to provide professional and efficient security to ensure appropriate safeguards are in place to protect our employees and assets.