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Diamonds North Announces Qavvik-1 Kimberlite Results on Amaruk
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VANCOUVER, February 4th, 2008 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces diamond results for the Qavvik-1 kimberlite on its 100%
owned Amaruk property in the Pelly Bay Diamond District of Nunavut. The
Company has identified two main kimberlite lithologies from the
Qavvik-1 drill core; a macrocrystic kimberlite (MK) and a sparsely
macrocrystic kimberlite breccia (SMKB). The diamond results for each
type of kimberlite are shown in the table below.
Sample Weight 0.106 0.150 0.212 0.300 0.425 0.600 Total
(kg) mm mm mm mm mm mm Stones
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MK 332.15 130 86 34 21 6 0 277
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SMKB 644.60 102 60 29 8 5 2 206
Based on these results, Diamonds North downgrades the Qavvik-1
kimberlite. Tuktu-1 and Qavvik-4 kimberlites remain top priority
discoveries for the Company. The core sample from Qavvik-1 appears to
indicate that the tested portion of this body does not have a coarse
diamond population. Only a small portion of the Qavvik -1 kimberlite
has been tested with two vertical holes and one inclined hole (-65o)
along a 30 metre section of an interpreted long axis of 230 metres.
The Company believes that larger diamonds do exist on the property as
evidenced by larger diamond fragments measuring 1.02mm x 0.68mm x
0.54mm and 1.18 mm x 0.6 mm x 0.58 mm recovered from Qavvik-3 and
Qavvik-4 kimberlites. In addition, a 1.10 x 1.05 x 0.95 mm diamond was
recovered on the 0.85mm mesh at the WMC kimberlite float occurrence.
All 3 of these samples are smaller than 100kg.
Diamond results for 12 additional kimberlites are pending, including
eight more kimberlite discoveries in the Tuktu cluster (550 diamonds
were recovered in 81.75 kilogram sample from Tuktu-1; see News Release
NR08-01, January 8, 2008).
The 2006 percussion drill intersected the macrocrystic kimberlite phase
of Qavvik-1 and returned 431 stones greater than 0.105mm from 457.33kg
(0.942 stones/kg). Approximately 18% of these recovered diamonds are
fragments. It appears that there is not a significant difference in
diamond recovery between the percussion drill chips and drill core from
the Qavvik-1 kimberlite. However, comparison between surface samples
and percussion drill chip samples from the Umingmak kimberlite do
suggest significant diamond destruction, losses may have been as high
as 50%, mostly in the larger sizes. An explanation for the difference
in diamond destruction is that the Umingmak kimberlite is very hard,
whereas the Qavvik-1 kimberlite is highly altered and much softer.
Diamonds North has discovered 22 kimberlites to date on the Amaruk
property. Diamond results have been received for 11 kimberlites; more
than 80% of the kimberlites are diamondiferous of which 50% contain
significant diamond counts and there are still 500 compelling
geophysical targets that remain to be tested. The results to date,
plus compelling mineral chemistry indicate that the Amaruk project is
located over a significantly fertile diamond mantle.
The drill core was 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.
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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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