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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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Wed Dec 5, 2007
Ualliq Project Update
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Vancouver, December 5th 2007 - Diamonds North Resources (DDN: TSX.V) and International Samuel Exploration Corp. (TSX-V: SAZ), announce over 100 kimberlite targets have been identified on the Ualliq project in the Pelly Bay Diamond District of Nunavut.
The Ualliq property is adjacent to Diamonds North's Amaruk property where 22 kimberlites have been discovered to date including the highly diamondiferous Qavvik kimberlite. A 397 kilogram sample from Qavvik, which is 20 kilometres from Ualliq, yielded 515 diamonds (see News Release NR07-07, March 29th, 2007).
Abundant kimberlite indicator minerals recovered from glacial till on the Ualliq property define several prospective areas for kimberlite. The main kimberlite indicator anomaly extends for 60-kilometres and is considered prospective for multiple diamondiferous kimberlite intrusions.
The partners completed over 20,000 line kilometres of high resolution magnetic airborne surveying over the properties in late August 2007. The survey focused over the main kimberlite indicator mineral anomaly. Due to the late completion date of the survey, only 30-40% of the geophysical data has been reviewed. The majority of the airborne survey was flown at 100 metre line spacing while 50 metre line spacing was conducted in two areas of interest. Final interpretation and drill target selection of the entire dataset will be completed over the next few months in preparation for the 2008 season.
From an initial review of the data several targets were selected for testing, however, time only permitted drill testing of seven targets with an RC drill prior to the end of the field season in September. No kimberlite was intersected. Numerous targets remain to be tested. The Companies are planning for an extensive drill program to test 20 to 30 targets.
This program was part of an approved $1,000,000 exploration program for 2007. The Ualliq project is located in the Pelly Bay District of Nunavut and Diamonds North is the project operator. International Samuel Exploration Corp. has an option to earn up to 30% interest in the property (See News Release 06-26, August 2006).
G. Gill (P. Geo) and B. Kienlen (P. Geol) are Diamonds North's Qualified Persons, as defined under NI 43-101, responsible for project design and data review on this project.
ABOUT DIAMONDS NORTH
Diamonds North Resources is the dominant explorer in the Pelly Bay region and 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.
ABOUT INTERNATIONAL SAMUEL
International Samuel is an active explorer with 2007/2008 exploration programs planned for their Churchill West, Afridi lake and Flin Flon properties, in addition to the Diamonds North projects.
ON BEHALF OF THE BOARDS OF DIRECTORS
Mark Kolebaba
President & CEO
Diamonds North Resources Ltd.
Conrad Swanson
President & CEO
International Samuel Exploration Corp.
For further information, please contact:
Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone:
Facsimile:
Website: www.diamondsnorth.com
Email:
Investor Relations : Doug Kerr,
International Samuel Exploration Corp.
Telephone:
Toll Free: 1-
Facsimile:
Website: www.internationalsamuel.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 2007 item: Thu Dec 13, 2007, Siku Project Update
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