Dianor Resources Inc

Focused on advancing Diamond Exploration properties in Canada.

Free
Dianor Resources Profile

Dianor Resources Inc. Val-d'Or (Quebec), TSX.V : DOR, is an innovative exploration company focused on advancing diamond exploration properties in Canada.

2009 -2010 Budget: 31.7 million

The Leadbetter Diamond Project is its most advanced project and is located 12 kilometers north east of Wawa in Northern Ontario. Substantial exploration work has been conducted on the property since 2005 and the Company is in the process of permitting up to a 50,000 tonne bulk sampling programme.

In addition to diamonds, it contains gold, sapphires and rubies (press release January 18th 2007). New diamond discoveries including rare purple diamonds, by the Company in rocks of similar type, age (Archean) and geological settings (press release March 3rd, April 10th, & May 13th 2008) in Quebec have added further diamond properties to our portfolio of low cost, accessible exploration targets.

These diamond discoveries (Ontario and Quebec) are both unique and amongst the oldest diamond bearing occurrences in the world.

During the summer, reconnaissance outcrop sampling was conducted by Dianor on behalf of its joint venture partners Metalex Ventures Limited (MTX: TSX Venture Exchange) and Wemindji Exploration Inc. (Wemex) over four (4) of the eight (8) joint venture properties plus the Company's 100% owned PEM property in the James Bay region of Quebec.

A total of 120 outcrop samples, each weighing approximately 60 kilos, were collected from five (5) properties including Ekomiak I, VI and VIII which were not previously sampled in 2007.

A total of seventy one (71) of the 120 samples, each weighing eight (8) kilos were sent to the SRC diamond laboratory in Saskatoon, Saskatchewan for caustic fusion to recover diamonds. At each sample site an additional 250gram of rock matrix material was taken for whole rock geochemical analysis and shipped to Actlabs in Rouyn-Noranda.

Update, Mar 02, 2009 : 90 carats per hundred tonnes

Bulk Sampling Plan Filing and Final Drilling Results Confirm High Diamond Grades in Conglomerate

Dianor is pleased to announce the completion of investigations and studies required for filing two advanced exploration plans of the Leadbetter Diamond Project near Wawa, Ontario.

In addition, final diamond results from the Leadbetter NQ drilling programme received from SGS Lakefield indicate that the main Archean conglomerate unit (S1C) in individual drill holes returned diamond grades of up to 90 carats per hundred tonnes (cpht) for commercial sized diamonds. Read More


Last changed at 05-Mar-2009 08:57AM by Highgrader