Diamond Frank and its Partner Are Analyzing Results From the Drilling Campaign on Destorbelle
Diamond Frank Exploration Inc. - (News - Market indicators) announces the end of the winter 2011 drilling campaign which was carried out on the Destorbelle Property (owned 50% by Typhoon Exploration Inc. and 50% by Diamond Frank Exploration Inc.), located approximately 9 km west of the Fayolle Deposit.
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Diamond | Gold | Market |

The goal for this campaign was to validate induced polarization anomalies obtained during a geophysical survey completed previously. This goal was reached with success.

Drill hole DES-11-01 (272 meters) has intersected intense hematization zones inside a somewhat deformed granitic intrusive with an equigranular texture. An altered zone located between 161 and 175 meters, containing fine disseminated cubic pyrite has returned an anomalous gold value of 0.26 g/t Au over 13 meters including 0.80 g/t Au over 1 meter. The presence of this type of mineralization on the property reveals a probable potential for a low grade porphyritic system.
(See map: http://media3.marketwire.com/docs/doda0516.doc.pdf)

Drill holes DES-11-02 (336 meters) and DES-11-03 (309 meters) have intersected a gabbroic intrusion mineralized in pyrite-pyrrhotite and chalcopyrite. The presence of fine disseminated mineralization inside these drill holes explains the induced polarization anomalies.

Drill hole DES-11-04 (405 meters) has intersected a sericite,chlorite and an intense quartz shear system. Some anomalous gold values, such as one of 0.63 g/t Au over 1 meters, were obtained inside this new major structure (more than 70 meters thick) corresponding to an important induced polarization anomaly.

In summary, the drilling campaign allowed the discovery of new zones with previously unknown auriferous potential and those will be evaluated.

QUALITY CONTROL

All drill cores are oriented using "Corientr" tool in order to measure their geological structures. Cores are sawn in half, with one part kept as a control and the other being analysed. Assays are performed with standard fire assay procedures and atomic absorption finish. The assaying is performed by ALS Chemex of Val d'Or.

QUALIFIED PERSON

Mr. Robert Gagnon, P. Geo. (OGQ), a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

ABOUT Diamond FRANK EXPLORATION INC.

Diamond Frank Exploration Inc. is banking on its properties' excellent mineral potential and Quebec's favourable investment climate for the development of new, world-class gold deposits.

The common shares of Diamond Frank Exploration Inc. are listed on the Venture Stock Exchange under the symbol "DOD".

Forward-looking statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank's management at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

David Mc Donald, President and CEO
450.622.5785
FAX: 450.622.4337
Toll free: 1.877.622.4004
info@diamondfrank.com
www.diamondfrank.com
or
Exploration Office (MontBrun)
819.637.2096
819.637.2076 (FAX)

Diamond Frank Exploration

EXPLORATION STAGE
CODE : DOD.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Diamond Frank is a exploration company based in Canada.

Its main exploration property is DESTORBELLE in Canada.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Project news of Diamond Frank Exploration
10/24/2012(Destorbelle)Exploration Work Has Begun on the GoldPeak and Destorbelle P...
5/18/2011(Destorbelle)and its Partner Are Analyzing Results From the Drilling Camp...
Corporate news of Diamond Frank Exploration
4/4/2013Changed its Name for Axe Exploration Inc.
3/28/2013Shareholders Pass All Resolutions at its 2013 Annual and Spe...
2/22/2013Adopts a Shareholder Rights Plan
2/13/2013Adopts Advance Notice By-Law
10/10/2012Intersects Graphite on the Commandant Project
4/7/2011Shareholders Approve Resolutions at the 2011 Annual Meeting
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (DOD.V)
0.030+0.00%
TSX-V
CA$ 0.030
05/28 15:00 -
0%
Prev close Open
0.030 0.030
Low High
0.030 0.030
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.030 -%
Volume 1 month var.
340,333 -%
24hGold TrendPower© : -5
Produces
Develops
Explores for Diamonds
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.22+1.63%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+2.59%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.48-1.59%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.84-1.31%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.85-2.63%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.83+0.78%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :