Diamonds North Provides Update
posted on
Nov 04, 2008 11:14AM
Targeting Canada's Next Diamond Mine
Diamonds North Resources Ltd. TSX VENTURE: DDN |
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 4, 2008) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) reports that the processing of the mini-bulk sample from the Tuktu-1, 2, 3 and Qavvik-4, 5 & 6 kimberlite clusters is well underway. Final weights reported by the laboratory total 36.12 tonnes of drill core including 21.63 tonnes from Tuktu-1, 2, 3 and 14.49 tonnes from Qavvik-4, 5 & 6. Both kimberlite clusters are located on the Company's 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut.
To date all of the collected kimberlite sample has been crushed to minus 6 millimetres and has undergone a first pass on the dense media separation (DMS) plant. The remaining kimberlite will be crushed to 3.35 millimetres prior to a second pass through the DMS plant for final separation.
Kimberlite concentrates will be picked for diamonds upon completion of the second pass through the DMS plant.
This bulk sample is designed to evaluate the potential for larger diamonds from these highly diamondiferous kimberlites (see News Release NR08-17, May 27th, 2008, where 2850 diamonds were recovered from 412.15 kilograms from Tuktu-1B).
In addition, diamond analysis will be conducted on 7 new kimberlites discovered on the Amaruk property in 2008, two of which are included in the mini-bulk sample tonnage.
Diamonds North has discovered 29 kimberlites to date on the Amaruk property. Of the 22 analyzed kimberlites, more than 90% of the known kimberlites are diamondiferous and 50% exhibit diamond counts that require follow-up exploration. Several hundred geophysical targets remain to be tested on the property.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing these projects. They are responsible for the design and conduct of the exploration programs and the verification and quality assurance of analytical results.
Diamonds North Resources is focused on discovering Canada's next diamond mine. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba, President & CEO
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact
Diamonds North Resources Ltd.