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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...
Nov 04, 2008: Diamonds North Provides Update on Mini-Bulk Sample Processing more...
Oct 21, 2008: Debt Settlement Agreement more...
Oct 01, 2008: Diamonds North's President and CEO Presenting at the Cambridge House 2008 Toronto Resource Investment Conference more...
Sep 25, 2008: Diamonds North Increases Kimberlite Tally to 29 on Amaruk more...
Sep 18, 2008: Diamonds North Begins Processing Tuktu and Qavvik Bulk Samples to Test for Larger Diamonds more...
Sep 03, 2008: Diamonds North Grants Stock Options more...
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| | May 22, 2008
Diamonds North Intersects 24 metres of Sulphides at the Tunerq Nickel Prospect
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| | News Release: 08-16
VANCOUVER, May 22nd, 2008 - Diamonds North Resources Ltd. (TSX-V: DDN) announces that drilling has commenced on the Tunerq nickel prospect located on the Company's 100% owned Amaruk property in Nunavut. The first drill hole intersected 26 metres of mafic and ultramafic rocks with sulphides visually varying up to 10 to 25%.
A vertical hole was drilled into the nickel bearing outcrop at Tunerq. Sulphides were encountered between 0-24 metres which includes short intervals of non-mineralized rock. Sulphide content appears visually similar to the mineralization encountered in outcrop with the addition of several zones with high chalcopyrite content. Granodiorite was intersected at 26 metres. The drill hole was terminated at 66 metres depth.
The Tunerq prospect is an oxidized sulphide bearing outcrop, which was discovered in 2007. Some of the initial grab samples yielded high nickel values ranging from just over 1% to 1.71% nickel with associated copper and cobalt (see News Release NR08-03, January 17th, 2008 & NR07-23, October 31st, 2007). The sulfide mineralized outcrop is approximately 20 to 30 metres wide and slopes gently into an extensive low lying area with no outcrop exposure.
All rock and mineral classifications are based on preliminary field descriptions of drill chips. Samples will be submitted for geochemical analysis including nickel, copper and cobalt. At least four additional holes are planned for Tunerq. The initial drilling is being conducted using a percussion reverse circulation drill with air recovery enabling the Company to quickly and cost effectively develop an understanding of the extent and orientation of the mafic / ultramafic body and associated nickel -- copper -- cobalt mineralization. A core drill is available for follow-up during the summer program.
The Company has completed an electromagnetic and magnetic ground survey over part of the Tunerq prospect.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project. 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 discoveries.
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 2008 item: Tue May 27, 2008, Diamonds North Recovers 2850 Diamonds from 412 Kilograms of Tuktu-1, Including Larger Diamonds
You can view the Previous News Releases 2008 item: Thu Apr 24, 2008, Diamonds North's Report to Shareholders
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