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Re: News Release 2008 - Thursday, September 18, 2008
Diamonds North Begins Processing Tuktu and Qavvik Bulk Samples to
Test for Larger Diamonds
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News Release: 08-31
VANCOUVER, September 18th, 2008 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces that processing of bulk samples from the Tuktu-1, 2, 3
and Qavvik-4, 5 & 6 kimberlites, located on the Company's 100% owned
Amaruk property in the Pelly Bay Diamond District has begun.
An estimated 20 tonnes of kimberlite was collected from the Tuktu-1, 2
& 3 kimberlite and an additional estimated 15 tonnes of kimberlite was
collected from Qavvik-4, 5 and 6 kimberlites this summer.
The bulk samples were collected using a diamond drill rig equipped for
HQ size core recovery. This larger sample is designed to further
evaluate the larger diamond potential of this highly diamondiferous
kimberlite (see News Release NR08-17, May 27th, 2008, where 2850
diamonds were recovered from 412.15 kilograms from Tuktu-1B).
The bulk sample material will be sorted, weighed and crushed prior to
processing. A diamond concentrate will be produced using a 1 tonne per
hour Bateman Dense Media Separation plant with a 0.5mm screen size
cut-off at SGS Lakefield Laboratory.
The Company raised over $17 million in July (See News Release NR08-28,
July 10th 2008) and is in a strong financial position.
Diamonds North has discovered 25 kimberlites to date on the Amaruk
property. Of the 22 analyzed kimberlites, more than 90% of the known
kimberlites are diamondiferous and 50% exhibit diamond counts that
require follow-up exploration. Several hundred geophysical targets
remain to be tested on the property.
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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