Shore Gold Completes Drilling Program at Star-Orion South Diamond Project in Saskatchewan

SASKATOON, Dec. 11, 2017 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration and Development of Shore Gold Inc. ("Shore" or the "Company") is pleased to announce that Shore and Rio Tinto Exploration Canada Inc. ("RTEC") have completed an HQ core drilling program, consisting of ten holes and some 2,409 metres of drilling (Table 1), on the Star Kimberlite.

In total 1,210 metres of kimberlite were intersected. This core drilling is required to accurately document the internal stratigraphy of the Star Kimberlite prior to a proposed mini-bulk sample drilling program, which is expected to commence in 2018. The core drilling program was conducted by George Downing Estate Drilling Ltd. of Grenville, Quebec.

Shore and RTEC geologists are responsible for the supervision of the drilling program and subsequent detailed core logging. In conjunction with this diamond drill program, geotechnical investigations of the overburden are currently being conducted, at the same locations as the core drilling, by Boart Longyear Inc., utilizing a Sonic drill rig. Detailed geotechnical logging of the core collected by the Sonic rig is being completed by Clifton Associates Ltd. The geotechnical drilling is scheduled to be completed during December.

The ten hole locations are in close proximity (10 to 15 metres) to previously collected underground bulk samples and past 48 inch large diameter drill ("LDD") holes and include areas of significant intersections (80 – 110 metres) of the Early Joli Fou ("EJF") Kimberlite, the principal economic unit the Indicated Resources previously estimated by Shore for the Star Kimberlite in December 2015.

Table 1:  Summary of Core Drilling

* Does not include Kimberlitic Sediments

Senior Vice President Exploration and Development, George Read, states: "This core and geotechnical drilling program is an important precursor to a proposed mini-bulk sample drilling program scheduled to commence in 2018. The selected locations of these core holes will act as pilot holes for the upcoming program."

The Star-Orion South Diamond Project is located in central Saskatchewan some 60 kilometres east of the city of Prince Albert. The Project is in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development. The Technical Report on the Revised Resource Estimate for the Star-Orion South Diamond Project dated November 9, 2015 provided an updated Mineral Resource Estimate for the Star and Orion South kimberlite deposits: Indicated Mineral Resources of 393 million tonnes containing 55.4 million carats of diamonds at a weighted average price of US$210 per carat. In addition to the Indicated Mineral Resource Estimate, the Star and Orion South Kimberlites include Inferred Resources containing 11.5 million carats. Shore has granted RTEC an option to earn up to a 60% interest in the Fort à la Corne mineral properties (including the Project) on the terms and conditions contained in the Option Agreement (see SGF News Release dated June 23, 2017). Completion of the proposed 2018 sampling program (First Option) does not entitle RTEC to an interest in the Fort à la Corne mineral properties (including the Project).

All technical information in this press release has been prepared under the supervision of George Read, Senior Vice-President of Exploration and Development, Professional Geoscientist in the Provinces of Saskatchewan and British Columbia, and Mark Shimell, Project Manager, Professional Geoscientist in the Province of Saskatchewan, who are the Company's "Qualified Persons" under the definition of NI 43-101.

Shore is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Exchange under the trading symbol "SGF".