news
2011

News Releases are added to our web site immediately upon release to the general public. If you would like to receive news releases via e-mail or fax, please fill out our Request More Info form.

 August 17, 2011
Diamonds North Starts Copper-Silver-Bismuth Exploration Project at Hepburn

 VANCOUVER, Aug 17, 2011 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces that the 2011 exploration program has begun on the Hepburn property in the Northwest Territories. The program will focus on delineating areas of concentrated mineralization for drilling using induced polarization (IP) surveying and prospecting.

"The Hepburn property has already demonstrated high copper silver potential along with bismuth, uranium and gold credit. Successfully identifying drill targets on this property would be a significant advancement" says Mark Kolebaba President and CEO of Diamonds North.

Initial grab samples from the property returned values up to 19.8 % copper, 123.0 grams per tonne silver, 0.20% uranium and 0.17% bismuth. These showings appear to be associate with a 3.5 kilometre by 1.5 kilometre magnetic high which is semi-coincident with a radiometric anomaly detected by airborne surveying. Anomalous gold values suggest the system is gold bearing (see news release March 4, 2010).

In addition to the Hepburn property the Company is actively exploring for gold on Southern Nunavut properties including the Esker Property. To view a video presentation of the Esker Gold Property, visit our website www.diamondsnorth.com.

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.

About Diamonds North

Diamonds North Resources is rapidly evolving and committed to building long-term value for shareholders through ongoing discoveries and leveraging business opportunities from our vast land holding.

On behalf of Diamonds North Resources Ltd.

Mark Kolebaba
President & CEO

For additional information please contact:
Troy Shultz
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.
 
 

You can view the Previous News Releases 2011 item: Fri Aug 12, 2011, Field Assessment of Nickel Targets on Diamonds North's Amaruk Property

You can return to the main News Releases 2011 page, or press the Back button on your browser.