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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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| | September 18, 2008
Diamonds North Begins Processing Tuktu and Qavvik Bulk Samples to Test for Larger Diamonds
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| | News Release: 08-31
VANCOUVER, September 18th, 2008 - Diamonds North Resources Ltd. (TSX-V: DDN) announces that processing of bulk samples from the Tuktu-1, 2, 3 and Qavvik-4, 5 & 6 kimberlites, located on the Company's 100% owned Amaruk property in the Pelly Bay Diamond District has begun.
An estimated 20 tonnes of kimberlite was collected from the Tuktu-1, 2 & 3 kimberlite and an additional estimated 15 tonnes of kimberlite was collected from Qavvik-4, 5 and 6 kimberlites this summer.
The bulk samples were collected using a diamond drill rig equipped for HQ size core recovery. This larger sample is designed to further evaluate the larger diamond potential of this highly diamondiferous kimberlite (see News Release NR08-17, May 27th, 2008, where 2850 diamonds were recovered from 412.15 kilograms from Tuktu-1B).
The bulk sample material will be sorted, weighed and crushed prior to processing. A diamond concentrate will be produced using a 1 tonne per hour Bateman Dense Media Separation plant with a 0.5mm screen size cut-off at SGS Lakefield Laboratory.
The Company raised over $17 million in July (See News Release NR08-28, July 10th 2008) and is in a strong financial position.
Diamonds North has discovered 25 kimberlites to date on the Amaruk property. Of the 22 analyzed kimberlites, more than 90% of the known kimberlites are diamondiferous and 50% exhibit diamond counts that require follow-up exploration. Several hundred geophysical targets remain to be tested on the property.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing these projects. 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 diamond 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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