NEWS RELEASE.
November 5, 2013: Montreal, Quebec – Stornoway Diamond Corporation (Stock Profile – TSX:SWY) hosted a press event at its Montreal head office in the presence of Martine Ouellet, the Quebec Minister of Natural Resources; Manon Cyr, the mayor of Chibougamau; and Chief Richard Shecapio, chief of the Cree Nation of Mistissini. The event was held to emphasize the close collaboration between Stornoway, Quebec and the communities of the James Bay region on the development of the Route 167 extension-Renard mine road and the new Monts Otish regional aerodrome. This work, being undertaken under a financing agreement between Stornoway and Quebec, is successfully laying the groundwork for the development of the Renard diamond project, the first diamond mine in Quebec.
Patrick Godin, Stornoway’s chief operating officer, commented: “The Renard diamond project is being done right. From the beginning, we determined that earning our licence to operate from the region’s local communities and contributing to their economic development would be one of our top priorities. Our ability to achieve this has been greatly assisted by a strong partnership with government. We now have before us a diamond project with substantial potential revenue and mine life. Local communities and other stakeholders stand to benefit for generations from the successful development of the Renard project. I would like to thank all levels of government for their collaboration, particularly Minister Ouellet, Mayor Cyr and Chief Shecapio, who we are pleased to welcome today in Montreal.”
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