Stornoway Diamond Corporation has announced the discovery of a new kimberlite in the Coronation Gulf/North Slave Diamond District of Nunavut. The Hammer kimberlite was discovered by prospecting on a mineral claim acquired by Stornoway in October 2008. The Hammer Property is located 500 km north of Yellowknife, Northwest Territories and is a joint venture between diamond prospector Stornoway (75% and operator) and North Arrow Minerals Inc.

The Hammer kimberlite appears to be connected to a prominent topographic feature that is 225m long and has a surface expression of approximately 1 hectare.

Stornoway and North Arrow are currently reviewing potential future work required to properly assess the Hammer discovery, which may include additional prospecting, kimberlite sampling for micro diamond recovery, ground geophysical surveys or drilling.

Stornoway President and CEO Matt Manson stated, "The discovery of the Hammer kimberlite is a direct result of our team’s mandate to pursue opportunistic and cost-efficient grass roots diamond exploration, as outlined in Stornoway’s 2009 Exploration Outlook. We believe additional kimberlites remain to be discovered at Hammer and its adjacent properties and will be pursuing these opportunities in due course.”