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Re: News Release 2010 - Friday, April 16, 2010
Diamonds North Plans Bulk Sample of Beluga-3 Kimberlite
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VANCOUVER, April 16th, 2010 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces plans to collect a bulk sample from the Beluga-3
kimberlite located on its 100% owned Amaruk property in the Pelly Bay
Diamond District of Nunavut.
The collection of a 25 to 50 tonne bulk sample of Beluga-3 is planned
to test for larger diamonds. The 2009 mini-bulk sample of Beluga-3
demonstrated larger
Diamond potential giving the Company confidence to
proceed with this bulk sample (see News Release NR09-17, December 1st,
2009). Based on rough reconstructive analysis provided by Saskatchewan
Research Council Laboratory, the Company estimates the largest
Diamondfragment recovered in 2009 to have been a
Diamond between 0.2 to 0.25
carats.
A comparison of garnet chemistry from the Beluga-3 kimberlite and
surrounding till samples suggests that a high chrome garnet population
observed in the till was not recovered in the DMS concentrate in last
years sample of the Beluga-3 kimberlite. This may suggest that other
high priority kimberlites occur in the immediate area or there is
another phase of kimberlite present in Beluga-3 that has not yet been
sampled. Additional exploration drilling is planned around Beluga-3 to
test for other nearby kimberlites or other phases of kimberlite within
Beluga-3.
Diamonds North will be using a low cost, light weight bulk sampling
drill that utilizes reverse circulation without percussion to reduce
and or eliminate significant
Diamond breakage. Estimated collection
cost with this drill, that the Company jointly owns, is $20 per
kilogram in contrast with core drilling which is approximately $150 per
kilogram.
In addition to the bulk sample the Company will continue to better
define new kimberlite targets for drilling.
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.
Diamonds North continues to refine kimberlite targeting methods and
hundreds of anomalies still require testing. A
Diamond stability field
beneath Amaruk compares favourably with the
Diamond stability field
beneath the Lac de Gras kimberlite field which hosts both the Ekati and
Diavik
Diamond Mines.
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.
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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