Shear Minerals is a Canadian-based exploration company focused on diamond exploration in the Canadian North, where it explores established diamond districts and has discovered new ones.  In addition to the Jericho diamond project it has now acquired through the Jericho Acquisition, Shear  Minerals has a portfolio of eight other diamond projects, seven of which are drill-ready. Shear Minerals has advanced its 62.3% ownership of Churchill Diamond Project into an expanding diamond district hosting 88 kimberlites in the Kivalliq region of Nunavut.

• The discovery of an economic diamond mine generates very large returns for shareholders.
• Canada is the world focus for diamond exploration.
• Shear has a control position in the Churchill Diamond Project in Nunavut, Canada, a top-ranked global diamond project.
• The project is located close to tide water and near extensive, serviceable infrastructure.
• An aggressive, integrated program is currently underway to locate the source of the outstanding indicator minerals on this target rich property.
• So far, Shear has drill-confirmed 41 kimberlites, including some large kimberlite pipes, and most with very little overburden.
• In 2005, diamonds, including macrodiamonds, were recovered from drilled kimberlites, outcrop, kimberlite float and one remarkable till sample. A clear octahedron diamond was also discovered at surface in beach sands, which is very rare.
• Shear also has an extensive diamond property portfolio of nine projects, seven of which are drill-ready