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RAPAPORT... Stornoway Diamond Corporation completed its diamond recovery program from the Renard 65 bulk sample in north-central Quebec, unearthing a total of 962.8 carats larger than a +1 Diamond Trading Company (DTC) size sieve from 5,080.8 dry tonnes of ore. The size of the diamond sample recovered and the incidence of large diamonds were consistent with the company's expectations for this location. Diamond valuation has now been scheduled to take place in Antwerp, Belgium, the company stated. Early sampling revealed a 9.78-carat white, octahedral gem from the program, with a preliminary valuation of $7,000 per carat. The next-largest diamond was a 6.41-carat white gem, also of high-quality, and a preliminary valuation of $4,700 per carat, according to Stornoway. Renard 65 contains an inferred mineral resource of 3.7 million carats, with an exploration potential estimated at between 6.8 million and 13.7 million carats from 290 meters to 775 meters in depth.
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