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Mar 13, 2008 : Diamonds North Recovers Very High Diamond Counts from the Tuktu Cluste... more...
Mar 13, 2008 : Diamonds North announces correction more...
Mar 13, 2008 : Diamonds North Recovers Very High Diamond Counts from the Tuktu Cluste... more...
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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Mon Jan 28, 2008
326 Targets Identified on Ualliq Property
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News Release: 08-06
VANCOUVER, January 28th, 2008 - Diamonds North Resources (DDN: TSX.V) and International Samuel Exploration Corp. (TSX-V: SAZ), announces that 326 geophysical targets have been identified on the Ualliq property in the Pelly Bay Diamond District of Nunavut. The Ualliq property is 20 kilometres from the Qavvik kimberlite cluster on Diamonds North's 100% owned Amaruk property where 22 kimberlites have been discovered to date. A total of 79 targets are rated as moderate to high priority targets and 46 targets range from 2 to 7 hectares in size.
Interpretation of approximately 21,000 line kilometres of detailed airborne magnetic data has been completed. The survey was flown over an area with abundant indicator minerals extending over a 60 kilometre area. Many of the targets have compelling kimberlite indicator mineral support.
"With over 300 targets, compelling mineral chemistry and located adjacent to our Amaruk property, Ualliq has all of the right ingredients for discovering a new diamondiferous kimberlite field in the Pelly Bay Diamond District," says Mark Kolebaba, President & CEO of Diamonds North.
In addition, Diamonds North and International Samuel have entered into an agreement to form a 50:50 partnership on claims that were recently staked to form the Ualliq West property. The 250,000 acres of new claims are contiguous with the Amaruk and Ualliq properties and are less than 15 kilometres from Diamonds North's Tuktu-1 kimberlite (550 diamonds recovered in 81.75 kilogram sample, see Diamonds North News Release NR08-01, January 8, 2008). A work program for these claims is in the planning stage. Diamonds North is the operator on both the Ualliq and Ualliq West projects.
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.
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 diamond explorer with a drill program planned for Afridi lake property and VTEM survey on its Reed Lake property located in the prolific Flin Flon mining camp.
ON BEHALF OF THE BOARDS OF DIRECTORS
Mark Kolebaba
President & CEO
Diamonds North Resources Ltd.
Conrad Swanson
President & CEO
International Samuel Exploration Ltd.
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
Email:
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: Mon Feb 4, 2008, Diamonds North Announces Qavvik-1 Kimberlite Results on Amaruk
You can view the Previous News Releases 2008 item: Thu Jan 17, 2008, Higher Nickel Values from Diamonds North's Nickel Discovery
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