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Re: News Releases 2009 - Thursday, October 01, 2009
Diamonds North To Begin Processing Beluga-3 Bulk Sample
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VANCOUVER, October 1st, 2009 - Diamonds North Resources Ltd. (TSX-V:
DDN) provides an update on its 2009
Diamond exploration program on the
100% owned Amaruk property, located in the Pelly Bay
Diamond District
of Nunavut. The Company has collected 6780 kilograms of kimberlite
from the Beluga-3 kimberlite pipe by drilling.
Diamond processing of
this sample by dense media separation (DMS) is underway. Initial
Beluga-3 results returned coarse diamonds including coarse
Diamondfragments (see news release NR09-05, April 29th, 2009).
In addition, a total of eight geophysical targets were drill tested in
2009 resulting in the discovery of the Kanguq kimberlite. A total of
868 kilograms of Kanguq kimberlite was collected from one vertical
drill hole for DMS processing. The Kanguq kimberlite is located
approximately 10 kilometres north of Beluga--3 and appears to represent
a new kimberlite cluster on the Amaruk property.
The 2009 focus on Amaruk was to identify priority target areas on the
1.4 million acre property. Based on considerable review of mineral
chemistry and geophysical data, the Company has identified several new
areas of high priority that will be the future focus on the property.
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 how targets are
defined and to date, hundreds of anomalies still require testing. A
Diamond stability field more than 25 kilometres thick has been
estimated below Amaruk. This is based on a calculated minimum pressure
and estimated temperature of pyrope garnet grains recovered from till
samples across the property. This compares favourably with the
Diamondstability field beneath the Lac de Gras kimberlite field and reconfirms
the potential for Amaruk.
Reverse-circulation drill cuttings were logged in secure facilities at
the Amaruk field camp by geoscientists. Samples were securely sealed in
solid containers and have been received at Saskatchewan Research
Council (SRC) in Saskatoon for processing.
Gold and Nickel
As part of the company's strategy to attain value for other commodity
potential on its large land package, Diamonds North collected over 200
rock samples as a result of prospecting. Limited first pass prospecting
was conducted around a gold occurrence where a grab sample yielded 5.8
g/T gold and around more than 20 gold-in-till anomalies (see news
release NR09-11, July 14, 2009 & NR09-07, May 11th, 2009). In
addition, 10 mafic and ultramafic occurrences on Amaruk were visited to
test for additional nickel mineralization on the property. Complete
assays for the samples are pending.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's
qualified persons 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) 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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