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President's Message
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July 29, 2009
Our 2009 exploration programs are underway and I wanted to take this
opportunity to touch base with our shareholders. The Diamonds North
team continues to pro-actively and diligently worked in unprecedented
markets to position the Company to capitalize on numerous
opportunities.
Amaruk remains one of Canada's top opportunities for a significant
Diamond discovery. Mineral chemistry across the property suggests high
Diamond potential; microdiamond data shows an anomalously high amount
of carbon in the system and the property is host to kimberlites with
size potential. The Company is now focusing on collecting a 5 tonne
sample from Beluga-3 and testing more subtle magnetic targets to find
kimberlites with high macrodiamond content.
Part of our ongoing strategy has also been to assess our extensive
Diamond property portfolio for other commodity potential. Our ability
to identify commodities with large scale potential is proven. The
Company has identified and captured uranium and nickel potential for
our shareholders and is currently advancing gold and copper-silver
opportunities.
Canada's under-explored north provides our shareholders with a unique
opportunity. We believe we are at the start of a new metals cycle.
This is an opportune time to maximize value for these new opportunities
while maintaining our core
Diamond focus.
Please do not hesitate to contact either me or Nancy Curry our VP of
Corporate Communications, if you have any questions or require more
information on our 2009 exploration programs.
On behalf of the Board of Directors and the Diamonds North team I would
like to thank you for your support. We remain committed and determined
to capturing value for you and now have numerous opportunities to do
so.
Yours truly,
DIAMONDS NORTH RESOURCES LTD.
Mark Kolebaba
President & CEO
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Copyright (c) 2009 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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Diamonds North Resources Ltd
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EXPLORATION STAGE |
CODE : DDN.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact 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. |