Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

Nordic Diamonds Ltd

Publié le 15 novembre 2007

Exploration & Corporate Update

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Mali |

Re:       News Release - Tuesday, November 13, 2007
Title:     Exploration & Corporate Update

Nordic Diamonds Ltd. (the "Company" or "Nordic"), wishes to provide an update on the Company's exploration activities on its key properties:

Boutounguissi Gold Project, Mali

The Company has commenced a 5,000 metre percussion drill program. The drilling will test both the West and East anomalies. Results will be released upon the completion of whole drill program.

Historic exploration work on the property dates back to 1989 when regional geological mapping was undertaken followed by episodes of soil and litho-geochemical sampling, geophysics and trenching. The result of this work was the discovery of two large gold soil geochemical anomalies near the north boundary of the Boutounguissi Sud claim. In the month of June, the Company completed an in-fill geochem survey. The survey resulted in the extension of the West anomaly to the south. The West anomaly now measures approximately 800m by 1500m with values up to 875 ppb gold.

The adjoining Boutounguissi Sud and Aourou claims are located in western Mali, approximately 450 km northwest of the capital Bamako. The Company is earning into a 70% undivided interest in the two claims. The total area represented by these two claims is 242.7 km².

The Boutounguissi Sud and Aourou claims are underlain by Proterozoic Birimian series greenstone belt rocks comprising volcanic and sedimentary rocks. The Birimian greenstone belts of Mali host some of the largest gold deposits in the world including Sadiola, Yatela, Morila, and Syama that combined contain approximately 35 to 40 million ounces of gold. The Sadiola deposit is located 120 kilometers to the south and the Loulo deposit is located 190 kilometers to the south of the Company's concessions.

Walter Melnyk, P.Eng., President of Nordic Diamonds Ltd., is a Qualified Person as identified by NI 43-101 and is responsible for the design, implementation and quality control of the Company's exploration programs.


Kuopio-Kaavi Diamond Project

Sunrise Diamonds Plc. ("Sunrise Diamonds") has now completed drilling on three priority kimberlites in the Company's Joint Venture claim areas in the Kaavi-Kuopio region of central Finland where Sunrise Diamonds is earning up to a 75% interest from Nordic.

Samples of approximately 200kg have been collected from each kimberlite body and have now been sent to SGS Laboratories in South Africa for micro-diamond extraction by caustic dissolution. Dissolution concentrates from these samples will then be sent to Mineral Services Laboratories in South Africa for micro-diamond picking, diamond weighing and characterization and, where possible, grade modeling.

The drill programme successfully sampled Kimberlites 10, 14 and 17 which were selected following encouraging mineral chemistry results, a reinterpretation of historic exploration results and based on the recommendations of Mineral Services Canada Inc, consultants to Sunrise Diamonds.

The Company is also pleased to advise that its drilling has demonstrated a substantial increase in size of Kimberlite 14 as well as the potential for further increases. Although historic drilling did not define the limits of this kimberlite, it has been previously thought to be small as the associated ground magnetic anomaly covered an area of only 0.35ha.

However, a step out drill hole completed by Sunrise Diamonds as part of the recently completed programme shows that Kimberlite 14 extends to the north beyond the limits of the associated ground magnetic anomaly. Here the kimberlite has a lower ground magnetic response, appears to be wider and remains open along strike to the north. It also remains open to the south and at depth from historic drilling and is now estimated to have a minimum surface area of 0.65ha.

The shape of Kimberlite 14 is consistent with that of a thick dyke suggesting it might have a significant strike length and tonnage potential. If diamond sampling results from this kimberlite are favorable, further drilling will be carried out to fully delineate the body.

The results of diamond picking are expected within 2-3 months.

Corporate Update

Nordic has completed a non-brokered private placement of up to 3,750,000 Units ("Units") at a price of $0.20 per Unit for total gross proceeds of $750,000 .

Each Unit will consist of one common share and one share purchase warrant exercisable into an additional common share at a price of $0.35 for 24 months from closing of the private placement. If the closing price for the Company's shares is $0.60 or greater for a period of 10 consecutive trading days, then the holder of the warrants will have 30 days to exercise their warrants, otherwise their warrants will expire. The 30 day period will commence seven (7) calendar days after the 10th premium trading day.

The proceeds of the private placement will be used for continuing exploration programs on the Company's mineral exploration projects and for general working capital. A finder's fee of $60,000 was paid with respect to this placement.

After the completion of the financing, the Company now has 51,463,318 Issued and Outstanding Shares.

Nordic Diamonds Ltd is a Canadian exploration company actively involved in the exploration and development of diamond and metals projects in Northern Canada, Scandinavia and West Africa.

For complete details of this news release and other projects, please visit the Company's website at www.nordicdiamonds.com or call the Company's representatives at:

Telephone: 604-718-5454
Facsimile: 604-646-2054
Email: info@nordicdiamonds.com

Investor Relations:
First Canadian Capital Corp.
Tele: 416-742-5600
1-866-580-8891

ON BEHALF OF THE BOARD OF DIRECTORS
NORDIC DIAMONDS LTD.

Alvin Jackson, P.Geo
Chairman and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.


Certain information presented in this release may constitute "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements.

Copyright © 2007 NORDIC DIAMONDS LTD. (NDL) All rights reserved. For more information visit our website at http://www.nordicdiamonds.com/ or send email to info@nordicdiamonds.com ..

Données et statistiques pour les pays mentionnés : Canada | Mali | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Mali | Tous

Nordic Diamonds Ltd

CODE : NDL.V
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Nordic est une société d’exploration minière de diamants basée au Canada.

Nordic détient divers projets d'exploration au Canada et en Suede.

Ses principaux projets en exploration sont MACKAY LAKE au Canada et SOLVBACKTJARN et BOTTENBACKEN en Suede.

Nordic est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 519 630 CA$ (517 915 US$, 369 015 €).

La valeur de son action a atteint son plus haut niveau récent le 30 décembre 2004 à 0,85 CA$, et son plus bas niveau récent le 10 juin 2009 à 0,01 CA$.

Nordic possède 51 963 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Nordic Diamonds Ltd
21/08/2009Private Placement
Communiqués de Presse de Nordic Diamonds Ltd
21/02/2011IGE: Forslag om nytt styre i IGE Nordic i forkant av s=F8kna...
21/02/2011IGE:=A0New board proposed for IGE Nordic AB in preparation f...
19/06/2009 company update
28/07/2008Completes Drilling Program on Nyborg VMS Property
07/07/2008Announces Option of Potash Permits on Saskatchewan-Alberta B...
09/05/2008Exploration Program Update
14/04/2008 Starts Drilling Program on Nyborg VMS Project
02/04/2008BRSC/WM Diamond Project Commencement Of Drill Program
15/11/2007Exploration & Corporate Update
01/08/2007Retains First Canadian Corp
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (NDL.V)Other OTC (NDLFF)
0,010+0.00%0,006+200.00%
TSX-V
CA$ 0,010
10/06 16:50 -
0%
Cours préc. Ouverture
0,010 0,010
Bas haut
0,010 0,010
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,010 -%
Volume var. 1 mois
150 000 -%
24hGold TrendPower© : -30
Produit
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,70 AU$+0,52%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
11,46 US$-6,22%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,54 GBX+2,68%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,65 CA$+0,38%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,72 CA$-4,61%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,26 CA$+4,08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,23 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,74 CA$-8,42%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
51,18 US$-3,58%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :