Saskatchewan has achieved another milestone in the work toward a provincial diamond mine.
Shore Gold has submitted a revised environmental impact statement to provincial and federal regulators. The study describes the potential environmental and socio-economic effects of the multi-billion dollar project at the Fort a la Corne site, about 60 kilometers east of Prince Albert.
Now that the revised environmental impact statement has been submitted, Shore Gold says it will work at completing all federal and provincial requirements for the project and securing financing for the operation. The hope is still to begin construction in the third quarter of 2012.
A feasibility study estimates the Star Orion project could yield 35 million carats worth of diamonds.