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Re: News Release - Thursday, March 13, 2008
Diamonds North Recovers Very High
Diamond Counts from the Tuktu
Cluster Including One Pink
Diamond======================================================================
News Release: 08-11
VANCOUVER, March 13th, 2008 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces a total of 607 diamonds recovered from a 107 kilograms
sample of the Tuktu-2 kimberlite and 219 diamonds recovered from a
37.85 kilogram sample of the Tuktu-3 kimberlite. A pink
Diamond from
Tuktu-3 represents the first coloured
Diamond from the property. The
Tuktu-2 and 3 kimberlites are located immediately adjacent to the
Tuktu-1 kimberlite on the 100% owned Amaruk property, Pelly Bay
DiamondDistrict, Nunavut. Samples were collected using a reverse
circulation/percussion drill.
Tuktu-1, 2, 3 and 4 appear to form a kimberlite complex with a
geophysical expression of approximately 5 hectares. Other adjoining
targets, not yet drill tested; expand the geophysical target to
approximately 8 to 12 hectares in size. A mini bulk sample program is
being planned to further evaluate the economic potential of these
bodies.
Tuktu-2 and Tuktu-3 have yielded nearly 6 diamonds per kilogram of
kimberlite which is comparable to initial results from some of the top
producing kimberlites in Canada.
In Tuktu-2, 98% of these diamonds are white. More than 80% of the
diamonds from Tuktu-3 are white and one pink
Diamond was recovered. The
majority of diamonds from both samples are clear octahedral forms.
Broken diamonds or fragments comprise about 27% of the diamonds in
Tuktu-2 and about 10% in Tuktu-3. Only diamonds on or above the 0.3mm
screen have been described.
"Very high
Diamond counts, large tonnage potential, untested targets in
the cluster and now indications of coloured diamonds establish the
Tuktu cluster as Diamonds North's top priority for 2008", states
President and CEO Mark Kolebaba.
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Sieve Sizes (mm)
Sample Weight -------------------------------------------------
(kg) 0.106 0.150 0.212 0.300 0.425 0.600 Total
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Tuktu-1* 81.75 269 158 73 37 11 2 550
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Tuktu-2 107 222 239 101 26 15 4 607
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Tuktu-3** 37.85 81 76 41 16 4 1 219
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Tuktu-4 66.4 3 1 0 1 0 0 5
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*
Diamond results released January 8, 2008
**Water in sample was decanted into 0.075mm screen prior to drying.
The Tuktu kimberlites appear to consist of hard and competent
kimberlite. Similar kimberlite lithologies have been reported in
Tuktu-1, 2, 3 and 4. Another kimberlite lithology encountered only in
Tuktu-4 was processed for diamonds. The second kimberlite lithology in
Tuktu-4 is being processed. The
Diamond content appears consistent in
the Tuktu-1, 2 and 3 kimberlites.
Results for the other Tuktu kimberlites have also been received;
Tuktu-6 yielded 52 diamonds from a 99.45 kilogram sample including 29
stones on the 0.106mm, 13 on the 0.150mm, 4 on the 0.212mm, 5 on 0.3mm
and 1 on the 0.425mm screens. Tuktu-7 yielded 33 diamonds from a 85.9
kilogram sample including 17 stones on the 0.106mm, 10 on the 0.150mm,
4 on the 0.212mm and 2 on the 0.3mm screens. Tuktu-5 yielded 21
diamonds from 111.65 kilogram with 11 stones on the 0.106mm, 3 on the
0.150mm, 4 on the 0.212mm and 3 on the 0.3mm screens; and Tuktu-8
yielded 9 diamonds from 109.6 kilograms of kimberlite with 6 stones on
the 0.106mm, 2 on the 0.150mm, and 1 on the 0.212mm screens. Tuktu-9
yielded 11 diamonds from a 97 kilogram sample including 8 stones on the
0.106mm, 2 on the 0.150mm and 1 on the 0.212mm screens.
Amaruk is one of Canada's most prospective
Diamond projects. To date,
22 kimberlites have been discovered, of which more than 90% are proven
diamondiferous and 50% exhibit
Diamond counts requiring advanced
exploration. More than 500 geophysical targets remain to be tested in
an area with an abundance of compelling
Diamond indicator minerals.
The drill cuttings were logged in secure facilities at the Amaruk field
camp by geoscientists. Samples were securely sealed in solid containers
and shipped to Saskatchewan Research Council (SRC) in Saskatoon for
processing. The results presented in this news release were obtained by
SRC using their standard caustic fusion
Diamond recovery method. SRC 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 will conduct
reviews and audits of 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.
Diamonds North Resources 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
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.
View News Release in PDF Format:
http://www.diamondsnorth.com/i/pdf/2008-03-13_NR.pdf
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Copyright (c) 2008 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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