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Re: News Release - Tuesday, July 13, 2010
Diamonds North Begins Work At Amaruk
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VANCOUVER, July 13, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN)
has commenced its 2010 exploration programs on the Amaruk property
located in Nunavut. The
Diamond program will focus on the collection of
a 25 tonne bulk sample from the Beluga-3 kimberlite to further test for
commercial size diamonds. The gold program will focus on defining
drill targets in areas where anomalous gold was discovered in 2009.
DIAMONDS
The sample collected from Beluga-3 in 2009 demonstrated larger
Diamondpotential giving the Company confidence to proceed with this bulk
sample (see News Release NR09-17, December 1st, 2009).
"A positive bulk sample from Beluga-3 would be a significant driver for
the Amaruk
Diamond project and Diamonds North" says Mark Kolebaba,
President & CEO of the Company.
Further interest in the Beluga-3 area has developed as a result of a
comparison of garnet chemistry from the Beluga-3 kimberlite and
surrounding till samples. A high priority garnet population observed in
the till was not recovered in the Beluga-3 kimberlite, suggesting an
untested phase of kimberlite is present in Beluga-3 and or additional
undiscovered kimberlites in the immediate area. Additional exploration
drilling is planned around Beluga-3 to locate the source of this high
priority garnet population.
A total of 25 kimberlites have been discovered on the Amaruk property
and 90% of the kimberlites processed for diamonds are proven to be
diamondiferous. Hundreds of untested anomalies remain and numerous
kimberlite indicator mineral trains remain unresolved offering high
potential for additional kimberlite discovery on the property. Diamonds
North will continue refining kimberlite targeting methods.
GOLD
On Amaruk several separate and discrete areas with highly anomalous
gold recovered from bedrock will be targeted for prospecting, mapping
and sampling in an effort to determine drill targets. Particular focus
will be on areas where over 1g/T gold was indentified by a limited
prospecting program in 2009. The 2010 program will focus on these
areas to identify concentrated zones of high grade gold mineralization.
The Amaruk Gold project was identified by numerous gold in till
anomalies over an area of 80 x 80 kilometres. A very successful limited
first pass prospecting program in 2009 led to the discovery of 20 areas
with anomalous gold ( 19 in bedrock and 1 in a boulder near a suspected
contact), three of these anomalies yielded gold values 1 g/T or above
(see News Release NR09-16, October 29th, 2009). Additional prospecting
in areas with anomalous gold grains in till will be completed in an
attempt to identify additional bedrock sources on Amaruk.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's
qualified persons as defined by National Instrument 43-101, reviewing
this project. They are responsible for the design and conduct of
exploration programs and the verification and quality assurance of
analytical results.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.
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: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
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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Copyright (c) 2010 DIAMONDS NORTH RESOURCES LTD. (DDN) All rights
reserved. For more information visit our website at
http://www.diamondsnorth.com/ or send mailto:info@diamondsnorth.com
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