TSX - SWY LAST: 0.02 -0.01 -20% Vol: 181,600 August 20, 2019


Drilling completed in April 2017 on the 28,171 hectare Adamantin property, located approximately 100 kilometers south of the Renard Diamond Mine and 25 km west of the Route 167 Extension road, resulting in the discovery of two new kimberlite occurrences. In total, 12 discrete occurrences of gently dipping, near surface kimberlite sheets have now been discovered at Adamantin with true thicknesses up to 10 meters. A single +0.106-0.150mm diamond was recovered from 35 kg of reverse circulation drill chips collected during the April 2017 drilling. This result confirms the diamond bearing potential of the Adamantin kimberlites, as inferred from past indicator mineral anomalies, including the presence of a diamond in the +0.25mm-0.50mm size fraction in one till sample. Although there are likely to be additional undiscovered kimberlites on the property, no further activity is planned at the present time.

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