10:48 AM EST - Five Star Diamonds Limited : Provided the following update on its 100% owned Riachao Diamond Project in Piaui State, Brazil. The Company has discovered a large kimberlite pipe at the Riachao Diamond Project. The kimberlite pipe at Riachao is interpreted to be approximately 24 Ha in size, which is large on a global scale, and the largest kimberlite pipe the Company has identified to date amongst its 23 diamond projects in Brazil. Significant historical alluvial diamond production in the region surrounding the kimberlite discovery at Riachao. Five Star Diamonds Limited
shares V.STAR are trading unchanged at $0.34.
