22 January 2014
Stornoway Diamond Corporation (TSX-SWY) is pleased to provide an update on the planned 2014 resource expansion drill program at the Renard Diamond Project in Québec. This program will test the resource potential of the Renard 2 kimberlite below the base of the currently defined Indicated Mineral Resource at 600 meters below surface, at which level Renard 2 is at its maximum size. The program will be fully funded from the proceeds of the $10m private placement of flow-through shares announced by Stornoway on November 13, 2013 and which closed on December 3, 2013. Drilling will commence early in the second quarter and continue into the summer.