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Aug 17, 2010: Diamonds North Increases Extent Of HI-2 Iron Formation Over 800% more...
Aug 12, 2010: Diamonds North Beluga-3 Bulk Sample Progress more...
Jul 22, 2010: Diamonds North Closes Final Tranche Of Financing more...
Jul 22, 2010: Diamonds North Extends HI-1 Along Strike And Identifies Abundance Of Gossan Zones At HI-2 more...
Jul 16, 2010: Diamonds North Begins Halkett Inlet Gold Program more...
Jul 14, 2010: Diamonds North Closes Tranche 2 Of Financing more...
Jul 13, 2010: Diamonds North Begins Work At Amaruk more...
Jul 08, 2010: Diamonds North Closes Tranche 1 of Financing more...
Jul 05, 2010: Diamonds North Increases Flow-Through Financing more...
Jun 15, 2010: Diamonds North Announces Flow-Through Financing more...
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| | April 16, 2010
Diamonds North Plans Bulk Sample of Beluga-3 Kimberlite
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| | VANCOUVER, April 16th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces plans to collect a bulk sample from the Beluga-3 kimberlite located on its 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut.
The collection of a 25 to 50 tonne bulk sample of Beluga-3 is planned to test for larger diamonds. The 2009 mini-bulk sample of Beluga-3 demonstrated larger diamond potential giving the Company confidence to proceed with this bulk sample (see News Release NR09-17, December 1st, 2009). Based on rough reconstructive analysis provided by Saskatchewan Research Council Laboratory, the Company estimates the largest diamond fragment recovered in 2009 to have been a diamond between 0.2 to 0.25 carats.
A comparison of garnet chemistry from the Beluga-3 kimberlite and surrounding till samples suggests that a high chrome garnet population observed in the till was not recovered in the DMS concentrate in last years sample of the Beluga-3 kimberlite. This may suggest that other high priority kimberlites occur in the immediate area or there is another phase of kimberlite present in Beluga-3 that has not yet been sampled. Additional exploration drilling is planned around Beluga-3 to test for other nearby kimberlites or other phases of kimberlite within Beluga-3.
Diamonds North will be using a low cost, light weight bulk sampling drill that utilizes reverse circulation without percussion to reduce and or eliminate significant diamond breakage. Estimated collection cost with this drill, that the Company jointly owns, is $20 per kilogram in contrast with core drilling which is approximately $150 per kilogram.
In addition to the bulk sample the Company will continue to better define new kimberlite targets for drilling.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous.
Diamonds North continues to refine kimberlite targeting methods and hundreds of anomalies still require testing. A diamond stability field beneath Amaruk compares favourably with the diamond stability field beneath the Lac de Gras kimberlite field which hosts both the Ekati and Diavik Diamond Mines.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons as defined by National Instrument 43-101, reviewing this project. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President & CEO
For additional information please contact:
Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. 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. |
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| | You can view the Next News Releases 2009 item: Tue May 11, 2010, Diamonds North Completes Land Acquisition at Amaruk and Defines Two Gold Bearing Districts
You can view the Previous News Releases 2009 item: Tue Mar 9, 2010, Diamonds North Signs Letter of Intent with MMG on Amaruk Nickel
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