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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 Mar 10, 2008
Diamonds North Receives Diamond Results for Qavvik-5 & Qavvik-6 - Plans For Larger Samples Underway
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News Release: 08-09
VANCOUVER, March 10th, 2008 - Diamonds North Resources Ltd. (TSX-V: DDN) announces favourable diamond counts from the Qavvik-5 and Qavvik-6 kimberlites located on the Company's 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut. A total of 130 diamonds have been recovered from 103.4 kilograms of Qavvik-5 and 118 diamonds were recovered from a 107.7 kilogram sample of Qavvik-6. The Qavvik-5 and 6 kimberlites appear to form a complex with a geophysical expression of approximately 5 hectares in size. In addition, there are several adjacent untested targets that may increase the potential size.
Samples were collected using a reverse circulation/percussion drill. As a result of the above diamond counts from both Qavvik-5 and 6 kimberlites, plans for collecting larger samples with a core drill are underway. These plans also include drilling on the Qavvik-4 kimberlite (see News Release NR08-02, January 14th, 2008) which is only 500 metres from the Qavvik-5 and 6 kimberlites. Several new high priority targets exist within one kilometre of Qavvik-6 that will also be tested in 2008.
To date, only diamonds on or above the 0.3mm screen have been described. The Company has requested full descriptions of all recovered diamonds. Preliminary review shows a high proportion of white clear octahedral diamonds. The largest diamond recovered in Qavvik-6 is a 1.2mm x 0.88mm x 0.30mm fragment.
Table 1 Diamond Sieve Data for the Qavvik-5 & 6 Kimberlites
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Weight
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Sieve Sizes (mm)
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(kg)
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0.106
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0.150
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0.212
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0.300
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0.425
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0.600
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Total
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Qavvik-5
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103.4
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72
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35
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19
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2
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1
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1
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130
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Qavvik-6
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107.7
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62
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39
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8
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7
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2*
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0
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118
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*the largest fragment measures 1.2mm x 0.88mm x 0.30mm
The Company views these results as very significant. The diamond counts demand follow-up drilling with a core drill to further evaluate the economic potential of these kimberlites. The presence of a diamond fragment as large as 1.2mm in one direction suggests that larger diamonds are being broken.
Core drilling is also currently being planned for the Tuktu-1 kimberlite (where 550 diamonds were recovered from a 81.75 kilogram sample, see News Release NR08-01, January 8th, 2008), which is located 15 kilometres west of the Qavvik cluster. The diamond results for 8 additional Tuktu kimberlites are expected to be released shortly.
In addition, a 59.4 kilogram sample from the Beluga-2 kimberlite yielded three diamonds with one stone each on the 0.106mm, 0.150mm and 0.600mm screens.
Diamonds North has discovered 22 kimberlites to date on the Amaruk property. Diamond results have been reported for 14 of the kimberlites with more than 85% being diamondiferous and 50% exhibiting encouraging diamond counts that require follow-up exploration. With 500 geophysical targets to be tested on a property with an abundance of compelling diamond indicator minerals, Amaruk is one of Canada's most prospective diamond projects.
The drill cuttings were logged in secure facilities at the Amaruk field camp by geoscientists. Samples were securely sealed in solid containers and shipped to Saskatchewan Research Council (SRC) in Saskatoon for processing. The results presented in this news release were obtained by SRC using their standard caustic fusion diamond recovery method. SRC is accredited by the Standards Council of Canada to the ISO/IEC Guide 25 standard for specific registered tests. As part of an ongoing Quality Control & Quality Assurance program, Diamonds North will conduct reviews and audits of results.
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:
Facsimile:
Email:
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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You can view the Next News Releases 2008 item: Wed Mar 12, 2008, Diamonds North Receives Diamonds Results for Char Kimberlite
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