03:53 PM EST - Stornoway Diamond Corporation : provided an update on its newly acquired LG-4 diamond exploration project, where the company holds a 25% interest in a total of 236 claims on 27 claim blocks covering prospective geophysical targets in the James Bay region of Quebec. These targets were recently identified following a modeling exercise completed by the Mineral Exploration Research Consortium. A formal joint venture agreement between Stornoway, Virginia Mines Inc., SOQUEM Inc. a wholly-owned subsidiary of SGF and Aurizon Mines Inc. has now been entered into, whereby each partner will contribute equally to ongoing exploration expenditures. Stornoway Diamond Corporation
shares T.SWY are trading up $0.01 at $0.58.
