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Diamonds North Increases Kimberlite Tally to 22 on Amaruk
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VANCOUVER, - Diamonds North Resources Ltd. (TSX-V: DDN) announces the
discovery of an additional six new kimberlites during a second phase of
drilling on its 100% owned Amaruk property in the Pelly Bay Diamond
District of Nunavut. This year, 17 new kimberlites have been discovered
on the property for a total of 22. Approximately 500 identified targets
remain untested in this diamondiferous field. Representative samples
from the new kimberlites have been collected for diamond analysis.
"A total of 17 new kimberlites discovered on a proven diamondiferous
property - I think our chances of discovering Canada's next large
diamond mine have increased dramatically. The microdiamond results from
these kimberlites, especially those from within the Tuktu cluster,
could be the catalyst event for Diamonds North," says Mark Kolebaba,
President and CEO.
Kimberlite Discoveries - 2007 Phase II Drilling Highlights:
- Five new kimberlites (Tuktu-5 through Tuktu-9) have been discovered
increasing the Tuktu kimberlite cluster to 9 this year. The Tuktu
cluster is 15-kilometres west of Qavvik-1. Abundant diamond indicator
minerals associated with these kimberlites suggest excellent diamond
potential.
- The discovery of Beluga-2, near the Beluga-1 kimberlite (drilled in
2006) confirms kimberlite clustering in the area.
Table 1 - 2007 Kimberlite Summary
Kimberlite Location Relative to
Drill Hole Sampled Qavvik-1
Kimberlite Inclination (Metres) (distance & direction)
Tuktu-5 Vertical 42.7 19 km W
Tuktu-6 Vertical 70.1 17 KM W
Tuktu-7 -85o 79.3 13 km W
Tuktu-8 Vertical 38.7 15 km W
Tuktu-9 Vertical 57.9 15 km W
Beluga-2 Vertical 30.5 17 km SE
Representative kimberlite samples will be obtained from the above
reverse circulation drill cutting intervals for microdiamond analysis.
Directions and distances are approximate. Size of kimberlite
occurrences have not yet been determined.
The diamond results for all 17 new kimberlites discovered in 2007 will
be used to prioritize further evaluation and bulk sampling.
Bruce Kienlen (P.Geol) and Graham Gill (P.Geo) are Diamonds North's
qualified persons reviewing this project and are responsible for the
design and conduct of the exploration program 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 and 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) 2007 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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