Amaruk, the Company's flagship property, offers investors Ekati-Diavik size potential. The Ekati and Diavik Diamond mines are Canada's largest and most profitable diamond mines. Abundant indicator mineral dispersions, with compelling mineral chemistry, serve to predict the presence of numerous kimberlite intrusions on the property with the potential to contain economic diamond grades.

The central core block of Amaruk is defined by abundant indicator minerals and kimberlite float occurrences spanning an area of about 80 kilometres. The most striking characteristic of the area is the high proportion of Ekati-Diavik quality G10 garnets. Diamonds North has discovered 29 kimberlites to date on the Amaruk property. Of the analyzed kimberlites 90% contain diamonds.

In 2008, Diamonds North added 7 new discoveries to its kimberlite pipeline, for which diamond results are pending. Diamonds North will continue to aggressively explore the Amaruk property advancing kimberlites with the highest potential. The central block of Amaruk alone, has over 300 geophysical targets to test and exceptional mineral chemistry that suggests kimberlites with economic potential exist. With 29 known kimberlites discovered and over 300 targets that remain to be tested; the magnitude of the potential demonstrated by the Amaruk property comes into focus.


The Amaruk Project is situated in the heart of the Pelly Bay Diamond District of Eastern Nunavut, where Diamonds North Resources is the dominant landholder. The Company is focused on over 1 million acres of ground in the region based on the presence of abundant indicator mineral dispersions and kimberlite float occurrences within a central core block spanning an area of about 80 kilometers

The Diamonds North team was intrigued by the chemistry of the indicator minerals and high proportion of quality (high chrome/low calcium) G10 and eclogitic garnets often found in highly diamondiferous kimberlites, including those discovered in the Lac de Gras region during the 1990s.Mark Kolebaba, President and CEO of Diamonds North, was involved in the initial exploration and development of the Lac de Gras diamondiferous kimberlites that later became the Ekati DiamondMine.With the benefit of this rare expertise and valuable past experience,Mark and the Diamonds North team recognized that the chemistry of the indicator minerals at Amaruk suggested the presence of numerous kimberlites with potential to contain economic diamond grades. Initial sampling confirmed the presence of several diamond-bearing kimberlites, and through subsequent airborne magnetic surveys, the Company identified hundreds of geophysical targets that are yet to be tested on the property.


To ensure systematic and effective exploration, Diamonds North utilizes a pipeline approach. Hundreds of targets have been identified. Targets are defined and screened using three layers of geophysical surveying, detailed till sampling and prospecting. The best targets are selected for drilling.

Technical innovation allows Diamonds North to do a lot more for a lot less. For example, rather than depending on traditional technology, a cutting --edge, highly sensitive airborne survey system has been adopted which has proven to be more effective at locating and identifying kimberlites on Amaruk. So far, 100's of targets have been identified on Amaruk using this innovative approach and the potential exists for several hundred more.

In order to reduce costs and accelerate the drilling schedule, Diamonds North uses reconnaissance percussion drilling as a "first-pass" discovery tool to verify the presence of kimberlites and determine if they contain diamonds. This innovative exploration approach has enabled Diamonds North has test targets rapidly and cost effectively. The percussion drill works at about 1/5 the cost and 1/3 the time of a traditional core drill. The diamond results from percussion drill samples of each new kimberlite are then used to prioritize discoveries for follow-up bulk sampling. This approach enables Diamonds North to identify kimberlite bodies efficiently and advance the discoveries with the greatest potential as quickly as possible.

By employing these innovative technologies Diamonds North is able to deliver results faster and more cost effectively providing shareholders with what the company believes is one of the best opportunities of discovering Canada's next diamonds mine.

• Flown over 195,000 line kilometers of airborne
• Generated nearly 2000 targets
• Completed 644 ground grids
• Drilled 131 targets