SHORE GOLD INC .
Regional Figure Technical Report
Star and 2,346 carats from Orion South . The most valuable stone recovered to date from Star was an 11.96-ct Type IIA worth US $ 12,500 per carat , and from Orion South a 10.53 carat fancy yellow valued at US $ 8,000 per carat .
“ When the 11.96 carat stone is cut and polished it will probably be a D color ,” said Read . “ They are the most perfect crystal white color .”
Despite the global financial crisis of 2008 , the project advanced to the point of a feasibility study , completed in July 2011 . The feasibility study estimated probable reserves of 279 million tons ( diluted ) with an average grade of 12.30 cpht , containing 34.4 million carats of diamonds that could be economically extracted over the 20 year lifetime of the mine .
54 March 2016