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Completion of road to Renard may be delayed

Stornoway Diamond Corp., says it expects delays on completion of its 243-km year-round access road to the Renard Diamond Project.

In a press release, the company said Quebec’s Ministry of Finance is holding off awarding contracts for civil works on segments C and D until it conducts a review of overall construction expenditures on the road.

Construction of the Route 167 Extension—by way of the communities of Mistissini and Chibougamau—is being undertaken in four segments: A to D.

So far, work on A and B is progressing well, with 109 km out of 143 km completed to sufficiently provide vehicle access.

The road was originally scheduled to be completed by July 2013.

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