Stornoway Diamond Corporation Reports Production and Sales Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Production Guidance for the Year 2019
For the quarter, the company's Run-of-Mine Carats Sold was 253,929 and Supplemental Carats Sold was 58,313.
For the year mine production was 1.32 million carats recovered from the processing of 2.33 million tonnes of ore at an attributable grade of 57 cpht.
For the year, the company's Run-of-Mine Carats Sold was 1,038,967 and Supplemental Carats Sold was 164,322.
In 2019, the company expects to produce between 1.80 and 2.10 million carats from the processing of 2.40 to 2.55 million tonnes of ore.