Shore Gold Vision
Shore Gold History
Shore Gold Inc. History

1995 - Fort à la Corne properties staked

1996 - Diamonds discovered in first drill program

2000 - Star Kimberlite drilling program begins and is expanded

2002 - Bulk sample program begins

2003 - Shaft sinking on Star begins

2004 - Plant construction

2004 - Underground drilling begins

2004 - Processing plant fully commissioned

July 2004 - 19.67 carat diamond recovered

November 2004 - SGF listed on the TSX

March 2005 - $116 million financing - Newmont takes 9.9% SGF

May 2005 - Advanced evaluation program announced

September 2005 - Large diameter drill program begins

October 2005 - Shore and Kensington Resources complete merger

October 2005 - Shore signs voting agreement  with Cameco/UEM on FALC JV

November 2005 - $120 million financing - Newmont maintains 9.9% SGF

April 2006 - Courts uphold voting agreement

April 2006 - FALC JV budget set at $43.2 million

June 2006 - Core drilling commences on Orion kimberlite cluster

September 2006 - Acquired 42.245% of JV from De Beers

September 2006 - Acquired 15.51% of JV from Cameco/UEM

September 2006 - Shore sells 40% of JV to Newmont Mining Corp. Canada

October 2006 - 3D Model defines 276 million tonnes for Star Diamond Project

March 2007 - 3D Model defines 360-400 million tonnes for Orion South

April 2007 - Star Bulk Sample Phase III complete: 70,000 tonnes recovered

June 2007 - Shore recovers largest diamonds in Saskatchewan: 49.50cts, 22.56cts

July 2007 - Construction of shaft begins on Orion South

November 2007 - Geological estimate for Orion Centre 150-167 million tonnes

November 2007 - Star Diamond evaluations completed: Increase of 26% to US$170 per carat

November 2007 - Shore completes $30 million private placement flow-through equity financing

January 2008 - Shore announces exploration budget: $106.8 million for 2008

June 2008 - Initial NI43-101 compliant Resource Estimate completed for Star

July 2008 - Technical Report released

October 2008 - Orion South Geological Model updated - EJF 20% increase

October 2008 - Orion South diamond results - 45.95 carat diamond recovered

November 2008 - Star-Orion South Diamond Project Proposal submitted to Government of Saskatchewan

November 2008 - Shore completes $12.5 million private placement flow-through equity financing

January 2009 - Shore announces 2009 budget of $17.9 million

February 2009 - Shore holds Open House meetings in local communities for EIA process

February 2009 - NI 43-101 Compliant Mineral Resource update for Star published

March 2009 - Orion South diamond results - 299.29 carat parcel

April 2009 - Final Orion South diamond results - 32.96 carat diamond recovered

August 2009 - Star Diamond Project positive Pre-Feasibility study: 171 million tonne, 20 million carat Mineral Reserve

September 2009 - FALC-JV NI 43-101 Mineral Resource. Orion South - indicated: 84 million tonnes and 12 million carats

September 2009 - Star Diamond project Letter Agreement signed with SaskPower

October 2009 - Shore Gold announces closing of $27.5 million private placement

November 2009 - Star-Orion South diamond project proposal final project-specific guidelines published

 February 2010 - Star-Orion South Pre-feasibility Study NPV - $1.3 billion IRR 16% 35 million carat Mineral Reserve

June 2010 - Shore welcomes Saskatchewan Government announcement of diamond royalty

June 2010 - Star-Orion South Diamond Project rising rough diamond prices strengthen project economics

August 2010 - Shore acquires Seagrove's Net Profits Interest

March 2011 - Star-Orion South Diamond Project increased rough diamond prices; highest value stone identified: $15,000 per carat, 11.96 carats

July 2011 - Combined Star-Orion South Feasibility Study NPV of $2.1 billion and IRR of 16 percent; 34.4 million carat Mineral Reserve at US$242 per carat

July 2011 - Star-Orion South Diamond Project updated rough diamond prices: 31 to 46 percent increases since February 2011

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