Star Diamond Corporation provided this technical update on the Orion North Kimberlites. Orion North is a cluster of four contiguous kimberlites that have been erupted in close proximity to each other. These four kimberlites that form Orion North represent the large volume of contiguous, diamond-bearing kimberlites on Earth.

The four kimberlites within Orion North are referred to by their original geophysical target numbers: K147, K148, K120 and K220. The location of these kimberlites relative to the Star and Orion South kimberlites is shown on the Regional Map. The partially evaluated Orion North kimberlites (K147/K148, K120 and K 220) are estimated to contain more than 500 million tonnes of diamond bearing kimberlites.

Initial diamond parcels recovered from large diameter drill samples from Orion North kimberlite K120, K147/K148, all contain diamonds over one carat, including two high value stones of 7.50 and 6.88 carats, respectively. The presence of these large, high-quality diamonds points to the potential for coarse diamond size frequency distributions for the Orion North kimberliting. Significant drilling has been completed over time on the Orion North K120 kimberlites and the details of these drill programs to date are documented in Table 3 below and the Detailed Map.

LDD mini-bulk samples from Orion North K120 and K147/K148 have yielded a significant number of diamonds 0.9 carat and above. The elevated proportion of these larger diamonds in LDD mini-b bulk samples is anomalous and speaks to the potential for a coarse diamond size frequency distribution in these Orion Northkimberlites.