Feb 19, 2013
: Amalgamation of Uranium North and Diamonds North Complete; Adamera Minerals Corp to Begin Trading more...
Feb 08, 2013
: Diamonds North and Uranium North Shareholders Approve Amalgamation more...
Dec 05, 2012
: Uranium North and Diamonds North Agree to a Strategic Business Amalgamation more...
Nov 29, 2012
: Diamonds North and Uranium North Report Trenching Yields 20 g/t Gold over 1.5 metres on Washington Gold Project more...
Oct 23, 2012
: Diamonds North and Uranium North Report Acquisition of Talisman Copper-Silver Mine more...
Oct 18, 2012
: Diamonds North and Uranium North Report High Gold and Silver Values at Empire Creek Property more...
Oct 11, 2012
: Diamonds North and Uranium North Announce Trenching Commences on the Poland China Gold Project more...
Oct 04, 2012
: Gold Target Areas Identified on the Poland China Project more...
Sep 18, 2012
: Diamonds North And Uranium North To Evaluate Gold Potential Of The Alder Mine In Washington State more...
Aug 14, 2012
: Diamonds North And Uranium North Complete Work On The Golden Reward Project more...
Jul 26, 2012
: Diamonds North and Uranium North Commence Exploration Program on Empire Creek more...
Jul 18, 2012
: Diamonds North and Uranium North Acquire Gold Property in Washington State, Exploration is Underway more...
Jun 13, 2012
: Diamonds North Continues to Build a Postion in Washington State with Additional Gold Asset more...
Jun 07, 2012
: Diamonds North Begins Exploration Program on the Poland China Gold Project in Washington State more...
Jun 01, 2012
: Diamonds North and Uranium North to Present Washington Gold Projects at the World Resource Investment Conference more...
May 31, 2012
: Diamonds North and Uranium North Acquire Gold Projects in Washington State more...
Mar 02, 2012
: Diamonds North Copper-Silver IOCG Video Presentation & Exhibiting at PDAC Booth 2322 more...
| ||June 07, 2012|
Diamonds North Begins Exploration Program on the Poland China Gold Project in Washington State
| ||Vancouver, BC, June 07, 2012 - Diamonds North Resource Corp. (TSX-V: DDN) and Uranium North Resources Corp (TSX-V: UNR) ("the Companies") announce the commencement of the 2012 exploration program on the Poland China gold property in Washington State. The Poland China property is 10 kilometres east of the Kinross Buckhorn Mine and lies within the same geological formation.|
The main vein on the Poland China property is the Kismet vein which is reported to extend for more than 750 metres. Historically only about 100 metres of the vein has been mined.
The Kismet vein averages 2 metres in width and is as wide as 4.5 metres. Mine grades of 8.22 g/T to 12.7 g/T gold and 13.7 g/T silver have been recorded. Other mineralized veins reportedly exist on the property, one of which was 2.6 metres wide and traceable for 1500 metres.
Phase one of the exploration program will include geological mapping, soil sampling and geophysical surveying. The mapping and sampling will be conducted to delineate the extent of the Kismet vein and other vein occurrences on the property. The work program is expected to be completed by the end of June. The objective of this program is to define drill targets for an upcoming drill campaign.
"This is an extensive targeting program that will significantly advance the Poland China project at a cost of only $25,000 to each company. Our move to Washington State under this partnership allows us to continue to explore projects as prospective as our northern projects at a fraction of the cost," says Mark Kolebaba, President and CEO of the Companies.
Diamonds North Resources Ltd. and Uranium North Resources Corp. have formed and jointly own Minerals North LLC, a Nevada registered company with the objective to explore mineral potential in Washington State. This partnership demonstrates the Companies' commitment to increasing shareholder value while maintaining a low cost. The Companies are actively seeking joint venture partners for our northern Canadian projects as they represent significant opportunity.
Graham Gill P.Geo, is the Qualified Persons as defined by National Instrument 43-101 reviewing the data in this news release. All the Minerals North samples were completed by ALS Canada Ltd. The historical work is from private reports and has not been verified by the Company, however, it appears to have been completed under standard best practices consistent with the time and appears to be of reasonable quality.
On behalf of the Board of Directors.
President & CEO
For additional information please contact:
Diamonds North Resources Ltd.
Manager, Corporate Communications
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
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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