Diamonds North Resources Ltd

Published : April 24th, 2007

Char Kimberlite Yields High Diamond Counts All Drilled Kimberlites Prove to be Diamondiferous

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
======================================================================
Char Kimberlite Yields High Diamond Counts All Drilled
Kimberlites Prove to be Diamondiferous
======================================================================

VANCOUVER, April 24th, 2007 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces high diamond counts from the Char kimberlite discovered
on the Company's 100% owned Amaruk property in the Pelly Bay Diamond
District. A 159.35 kilogram sample from Char yielded 178 diamonds
including 6 macrodiamonds (>0.5mm in at least one dimension).

The Char kimberlite is the second highly diamondiferous kimberlite
discovered on the property. Also highly diamondiferous is the Qavvik
kimberlite which yielded 515 diamonds from a 379 kilogram sample (see
news release NR07-07, March 29th, 2007). Both the Char and Qavvik
kimberlites are targeted for mini-bulk sampling in 2007.

"Five out of five kimberlites drilled on the property are
diamondiferous. Two of the five kimberlites, Char and Qavvik, are
highly diamondiferous with greater than 1 diamond per kilogram. Given
that Char and Qavvik are 35 kilometres apart Amaruk may be the first
big diamondiferous kimberlite field discovered in Canada since Ekati
and Diavik" states Mark Kolebaba, President and CEO of Diamonds North.

The Char kimberlite sample is a composite of drill cuttings from three
depth intervals in a single drill hole. The upper most interval, Char 1
weighing 66.17 kilograms yielded 103 diamonds. A 49.97 kilogram sample
from the second interval yielded 15 stones and 43.21 kilograms from the
lowermost interval produced 60 diamonds. The Char kimberlite sample was
collected using a reverse circulation (RC) drill. A certain amount of
diamond loss is anticipated since a high proportion of this sample is
pulverized (see photo - sample of Char RC cuttings
http://www.diamondsnorthresources.com/s/CharKimberlite.asp )

The diamond sieve data for the Char kimberlite is shown in Table 1.

Sieve Size (mm)
Sample Weight (kg) 0.074 0.105 0.150 0.212 0.300 0.425 Total
Char 1 66.17 17 36 24 12 4 1 *103
Char 2 49.97 1 4 5 2 3 0 15
Char 3 43.21 19 21 14 4 2 0 60
Combined 159.35 37 61 43 18 9 1 178

*9 additional diamonds were recovered below the 0.074mm screen.

Approximately 75% of the diamonds are octahedral in form, 14% of the
recovered stones are fragments and 88% are white. The dimensions in
millimeters for the three largest diamonds recovered from the sample
are: 0.77 x 0.77 x 0.40; 0.77 x 0.40 x 0.40 and 0.68 x 0.40 x 0.43.

The Char kimberlite was penetrated 59 metres with a single drill hole.
The estimated size of the Char kimberlite based on geophysics is 1.5
hectares.

Walrus & Beluga

In addition, results from the Walrus and Beluga kimberlites were
received. A 388 kilogram sample from Walrus yielded 6 diamonds with the
largest diamond remaining on the 0.212 mm screen. The Beluga kimberlite
sample weighing 162.1 kilograms yielded 3 diamonds that remain on the
0.105 mm screen. Though the diamond counts are low, it is significant
that all of the drilled kimberlites to date have proven to be
diamondiferous, indicating that an extensive diamond fertile mantle
exists beneath the property.

The RC drill cuttings were logged in secure facilities at the Amaruk
field camp by geoscientists. Samples were securely sealed in solid
containers and shipped to SGS Lakefield Research in Ontario for
processing. The results presented here were processed by SGS Lakefield
Research using their standard caustic fusion diamond recovery method.
The 0.074 mm sieve was added to evaluate breakage during drilling. The
samples were split on a riffle splitter prior to caustic fusion. SGS
Lakefield 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 is
conducting an audit of the 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.

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.

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

Ali Mahdavi amahdavi@genoa.ca; or
Kevin O'Connor koconnor@genoa.ca
Genoa Management Limited
Telephone: (416) 962-3300
Facsimilie: (416) 962-3301
Email: info@genoa.ca

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.

======================================================================
Copyright (c) 2007 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
======================================================================

.

Diamonds North Resources Ltd

EXPLORATION STAGE
CODE : DDN.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

Diamonds North is a diamonds exploration company based in Canada.

Diamonds North holds various exploration projects in Canada.

Its main exploration properties are SIKU, BANKS ISLAND, UALLIQ and VICTORIA ISLAND in Canada.

Diamonds North is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.9 millions as of today (US$ 1.8 millions, € 1.4 millions).

Its stock quote reached its highest recent level on January 11, 2008 at CA$ 2.07, and its lowest recent point on February 15, 2013 at CA$ 0.02.

Diamonds North has 94 682 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Diamonds North Resources Ltd
2007 Annual report
Financings of Diamonds North Resources Ltd
7/6/2010Increases Flow-Through Financing
6/15/2010Announces Flow-Through Financing
8/5/2009Closes Non-Brokered Flow-Through Private Placement
7/17/2009Announces Flow-Through Financing
6/29/2009Extends/Reprices Warrants
7/10/2008Closes Final Tranche of Non-Brokered Private Placement & Ove...
7/7/2008Closes $12.5 Million Bought Deal Financing
6/26/2008Increses Non-Brokered Private Placement
6/19/2008Announces $10 Million Bought Deal Financing
12/1/2007Completes Flow-Through Financing
Project news of Diamonds North Resources Ltd
10/23/2012and Uranium North Report Acquisition of Talisman Copper-Silv...
10/18/2012and Uranium North Report High Gold and Silver Values at Empi...
9/18/2012And Uranium North To Evaluate Gold Potential Of The Alder Mi...
8/14/2012And Uranium North Complete Work On The Golden Reward Project
7/26/2012and Uranium North Commence Exploration Program on Empire Cre...
7/18/2012and Uranium North Acquire Gold Property in Washington State,...
6/7/2012Begins Exploration Program on the Poland China Gold Project ...
5/31/2012and Uranium North Acquire Gold Projects in Washington State
8/17/2011Starts Copper-Silver-Bismuth Exploration Project at Hepburn
8/10/2011(Amaruk / Pelly Bay Jv)Begins Diamond and Gold Exploration at Amaruk
7/14/2011Nickel Exploration Program Begins On Diamonds North's Amaruk...
6/2/2011(Yandle)Stakes Claims With 11.2 g/T Gold Over 3 Metres
5/18/2011Acquires Permits with Grab Samples as High as 43.9 g/T Gold
5/5/2011Acquires Gold Properties with Historic Gold Values up to 709...
3/24/2011Identifies a New Type of Kimberlite Target on Amaruk
2/23/2011Significantly Expands Gold Target on Amaruk
3/4/2010(Hepburn Project)Discovers Additional High Grade Copper, Silver, and Bismuth ...
8/29/2008(Ualliq)2008 Exploration Program Completed on Ualliq Diamond Propert...
6/14/2008(Amaruk / Pelly Bay Jv)Intersects 9 Metre Zone Grading 2.49% Nickel at Tunerq Nicke...
5/29/2008(Ualliq)Exploration Underway on 330 Kimberlite Targets on Ualliq Dia...
5/22/2008Intersects 24 metres of Sulphides at the Tunerq Nickel Prosp...
3/10/2008(Amaruk / Pelly Bay Jv)Receives Diamonds Results for Qavvik-5 & Qavvik-6, Plans...
2/4/2008Announces Qavvik-1 Kimberlite Results on Amaruk
1/17/2008Higher Nickel Values from Diamonds North's Nickel Discovery
1/14/2008Announces Two More Kimberlites With High Diamond Counts on A...
1/11/2008(Amaruk / Pelly Bay Jv)Featured on BNN Power Hour 8:50 AM EST, Friday, January 11th...
1/9/2008(Amaruk / Pelly Bay Jv)Coverage in National Post and Northern Miner
12/14/2007(Siku)Recent Appearance on BNN and Siku Project Update
12/5/2007(Ualliq)100 kimberlite targets have been identified
10/31/2007(Amaruk / Pelly Bay Jv)New Nunavut Nickel Discovery
10/10/2007(Amaruk / Pelly Bay Jv)Increases Kimberlite Tally to 22 on Amaruk
5/24/2007(Amaruk / Pelly Bay Jv)Expands Amaruk Exploration Program Bulk Samples & Drill Test...
5/16/2007(Siku)Resources And Arctic Star Plan C$1,500,000 Exploration Progr...
4/24/2007(Amaruk / Pelly Bay Jv)Char Kimberlite Yields High Diamond Counts All Drilled Kimbe...
Corporate news of Diamonds North Resources Ltd
2/19/2013Amalgamation of Uranium North and Diamonds North Complete; A...
2/8/2013and Uranium North Shareholders Approve Amalgamation
1/18/2013Visit Us at Booth 1034; Presentation Monday Jan 21st - 2:30p...
10/16/2012New Focus on Gold in Washington State is Featured on MiningM...
10/11/2012Uranium North and Diamonds North Announce Trenching Commence...
10/4/2012Gold Target Areas Identified on the Poland China Project
8/20/2012Lawrence Roulston Recognizes Our Washington State Initiative...
6/13/2012Continues to Build a Postion in Washington State with Additi...
1/23/2012Identifies IOCG Targets at Hepburn Property
8/12/2011Field Assessment of Nickel Targets on Diamonds North's Amaru...
7/28/2011Nickel Airborne Survey Completed on Amaruk
7/21/2011Initiates Prospecting on Fox Gold Property with Grab Samples...
7/19/2011Using EM to Generate Kimberlite Target on Amaruk Project
4/19/2011Files Annual Report and Grants Incentive Options
3/22/2011Partners with Indicator Minerals in Pelly Bay Diamond Distri...
8/17/2010Increases Extent Of HI-2 Iron Formation Over 800%
8/12/2010Beluga-3 Bulk Sample Progress
7/23/2010Closes Final Tranche Of Financing
7/22/2010Extends HI-1 Along Strike And Identifies Abundance Of Gossan...
7/16/2010Begins Halkett Inlet Gold Program
7/13/2010Begins Work At Amaruk
7/9/2010Closes Tranche 1 of Financing
4/16/2010Plans Bulk Sample of Beluga-3 Kimberlite
1/21/2010Investing in Nunavut Event
1/17/2010Discovers another Gold Source on Amaruk
12/24/2009Grants Incentive Options
12/1/2009Recovers Larger Diamonds from Beluga-3
10/29/2009Expands Gold Targets on Amaruk
10/19/2009reports 9.4g/T and 24 g/T Gold on Amaruk
10/1/2009To Begin Processing Beluga-3 Bulk Sample
7/30/2009President's Message - July 29, 2009
7/15/2009Begin Diamond & Gold Programs On Amaruk
5/29/2009Options Granted
5/21/2009Reveals High Copper And Silver Values On Hepburn
2/24/2009Diamond Results for Tuktu & Qavvik Kimberlites
1/21/2009Corporate Update
11/4/2008Provides Update on Mini-Bulk Sample Processing
10/1/2008President and CEO Presenting at the Cambridge House 2008 Tor...
9/25/2008Increases Kimberlite Tally to 29 on Amaruk
9/19/2008Begins Processing Tuktu and Qavvik Bulk Samples to Test for ...
6/26/2008Clarification of title, Diamonds North News Release
6/17/2008Recovers 2911, Diamonds from 552 Kilograms of Tuktu-2, Large...
6/4/2008receives mineral chemistry for Tuktu-1 and Qavvik-4 kimberli...
5/27/2008Recovers 2850 Diamonds from 412 Kilograms of Tuktu-1, Includ...
5/14/2008Annual General Meeting: 10 AM , Thursday, May 15th, 2008
4/24/2008 Report to Shareholders
4/10/2008President and CEO Presenting at the Cambridge House 2008 Cal...
3/13/2008announces correction
3/13/2008Recovers Very High Diamond Counts from the Tuktu Cluster Inc...
3/12/2008Receives Diamonds Results for Char Kimberlite
1/4/2008 Diamond Results are Imminent
11/30/2007Diamond Market Conditions and Sakari Update
9/10/2007Discovers 11 New Kimberlites on Amaruk
7/22/2007Completes Banks Island Acquisition
7/11/2007Provides Update on Hepburn
7/5/2007Acquires 100% interest in the Banks Island Project
5/11/2007Options Granted
5/5/2007AGM Thursday May 10th, 2007 and Options Granted
4/18/2007budgets on Sakari and Ualliq properties
3/1/2007Options Granted
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (DDN.V)
0.020+0.00%
TSX-V
CA$ 0.020
02/15 13:12 -
0%
Prev close Open
0.020 0.020
Low High
0.020 0.020
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.020 -%
Volume 1 month var.
101,000 -%
24hGold TrendPower© : -44
Produces
Develops
Explores for Diamonds
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
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$ 7.66-0.71%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$ 12.26+2.68%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 0.53-1.87%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$ 2.64-1.86%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$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.22+2.38%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$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%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$ 0.04+5.56%Trend Power :