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Mar 12, 2008 : Diamonds North Receives Diamonds Results for Char Kimberlite more...
Mar 10, 2008 : Diamonds North Receives Diamond Results for Qavvik-5 & Qavvik-6 - Plan... more...
Feb 15, 2008 : Options Granted more...
Feb 04, 2008 : Diamonds North Announces Qavvik-1 Kimberlite Results on Amaruk more...
Jan 28, 2008 : 326 Targets Identified on Ualliq Property more...
Jan 17, 2008 : Higher Nickel Values from Diamonds North's Nickel Discovery more...
Jan 14, 2008 : Diamonds North Announces Two More Kimberlites With High Diamond Counts... more...
Jan 08, 2008 : Diamonds North Recovers 550 Diamonds from 81.75 Kilograms of Tuktu-1 K... more...
Dec 13, 2007 : Siku Project Update more...
Dec 05, 2007 : Ualliq Project Update more...
Nov 30, 2007 : Diamonds North Completes Flow-Through Financing more...
Nov 30, 2007 : Diamond Market Conditions and Sakari Update more...
Nov 23, 2007 : Diamonds North Announces Flow-Through Financing more...
Oct 31, 2007 : New Nunavut Nickel Discovery more...
Oct 10, 2007 : Diamonds North Increases Kimberlite Tally to 22 on Amaruk more...
Sep 11, 2007 : Diamonds North Discovers 11 New Kimberlites on Amaruk more...
Aug 24, 2007 : Diamonds North Completes Flow-Through Financing more...
Aug 15, 2007 : Diamonds North Announces Flow-Through Financing more...
Jul 20, 2007 : Diamonds North Completes Banks Island Acquisition more...
Jul 19, 2007 : Diamonds North Announces Flow-Through Financing more...
Jul 11, 2007 : Diamonds North Provides Update on Hepburn more...
Jul 05, 2007 : Diamonds North acquires 100% interest in the Banks Island Project more...
May 24, 2007 : Diamonds North Expands Amaruk Exploration Program Bulk Samples & Drill... more...
May 16, 2007 : Diamonds North Resources And Arctic Star Plan C$1,500,000 Exploration ... more...
May 10, 2007 : Options Granted more...
May 04, 2007 : Diamonds North Resources AGM Thursday May 10th, 2007 and Options Grant... more...
Apr 24, 2007 : Char Kimberlite Yields High Diamond Counts All Drilled Kimberlites Pro... more...
Apr 18, 2007 : Diamonds North Resources And International Samuel Approve C$1,000,000 ... more...
Apr 17, 2007 : Diamonds North Resources And Shear Minerals Ltd. Approve C$185,000 Exp... more...
Mar 29, 2007 : Diamonds North Resources Recovers 515 Diamonds From Qavvik Kimberlite more...
Mar 20, 2007 : Diamonds North To Drill The Hepburn Project, Over 200 Kimberlite Targe... more...
Mar 12, 2007 : Diamonds North Resources Retains Genoa Management Limited For Investor... more...
Feb 28, 2007 : Options Granted more...
Feb 15, 2007 : New Diamond Discoveries on Amaruk more...
Jan 10, 2007 : Diamonds North and Majescor Identify High Priority Drill Targets on Ba... more...
Jan 08, 2007 : Amaruk Project Update Diamond Results Pending for Five Kimberlites - P... more...
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Fri Jul 20, 2007
Diamonds North Completes Banks Island Acquisition
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VANCOUVER, July 20, 2007 -- Diamonds North Resources Ltd. (TSX-V: DDN) reports the Company has received acceptance from the TSX Venture Exchange for the Banks Island Purchase Agreement. Pursuant to the Purchase Agreement (see News Release NR07-15, July 5th, 2007), the Company has issued 1,000,000 common shares of Diamonds North to Majescor Resources Inc. to acquire Majescor's 50% interest in the Banks Island project. The securities are subject to a hold period and may not be traded until November 21, 2007.
Diamonds North now holds a 100% interest in the 1.1 million acre Banks Island project and the Company is eager to advance this project.
The Banks Island project is located on the northeast corner of Banks Island in the Northwest Territories. Sampling programs have recovered kimberlite indicator minerals with compelling mineral chemistry similar to the Ekati and Diavik diamond mines. A geophysical survey over only 10 % of the project has already identified 65 targets, including a 12 to 14 hectare target.
Bruce Kienlen (P.Geol) is Diamonds North's qualified persons reviewing this project and is responsible for the design and conduct of the exploration program 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:
Facsimile:
Email:
Website: www.diamondsnorth.com
For additional information please contact:
Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone:
Facsimile:
Email:
Website: www.diamondsnorth.com
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