Mr. Ewan Mason reports

STAR DIAMOND CORPORATION ANNOUNCES WINNING BRAND NAME FOR FORT A LA CORNE DIAMONDS

Star Diamond Corp. has released the name of the winning diamond brand from over 1,000 names submitted in the "Name our Diamonds" contest, which was launched on Oct. 11, 2023.

The winning brand name Kiwetin, which is pronounced as kee-way-tin, is derived from the Cree Nation language and translates into "north wind." This name is highly symbolic of the Fort a la Corne project area and the surrounding first nations lands located in Northern Saskatchewan, where the climate is often characterized by strong winds from the north. The trademark application for Kiwetin Diamonds has been completed.

Ewan Mason, interim president and chief executive officer of Star Diamond, said, "We are excited about the further potential of the Fort a la Corne project and now that we have our own diamond brand, Kiwetin, we are confident that this diamond brand will be seen globally as the hallmark for high-purity, conflict-free, Canadian diamonds."

The company would like to express its gratitude to everyone who participated in its naming contest and to Amy P. (formerly of Saskatoon) for her winning submission. Mr. Mason said, "The next year will be very busy while we advance this massive project for the benefit of our shareholders and bring economic benefits to all people of the province of Saskatchewan."

About Star Diamond Corp.

Star Diamond is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of Star Diamond trade on the Toronto Stock Exchange under the trading symbol DIAM. Star Diamond holds, through a joint venture arrangement with Rio Tinto Canada, a 25-per-cent interest in certain Fort a la Corne kimberlites (including the Star-Orion South diamond project). These properties are located in central Saskatchewan, in close proximity to established infrastructure, including paved highways and the electrical power grid, which provide significant advantages for future mine development. The company also holds a 50-per-cent interest in the exploration and evaluation properties and assets of the Buffalo Hills JV, located in north-central Alberta, Canada. Canterra holds the remaining 50-per-cent interest. Canterra is the operator of the Buffalo Hills JV.

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