Dianor’s new diamond discovery in Quebec

Dianor Resources Inc. in conjunction with its joint venture partners Metalex Ventures Limited and Wemindji Exploration Inc. announces a new diamond discovery in Quebec. Diamonds have been recovered from surface rock samples on the Joint Venture’s Ekomiak V property and on the adjacent Dianor’s 100% owned PEM property in the James Bay region of Quebec. Eight hundred and fifty six (856) diamonds including sixteen (16) rare purple diamonds were recovered from twenty six (26) surface rock samples of conglomerates aged between 2.716 and 2.733 billion years. Natural fancy coloured diamonds are very rare and expensive. Purple is one of the rarest and most desirable colours. This makes the Quebec diamond discovery both unique and amongst the oldest diamond bearing occurrence in the world.

Results from thirty one (31) of the one hundred and forty two (142) outcrop samples from the PEM and Ekomiak V properties have been received and twenty six (26) of the conglomerate samples contained diamonds. Three (3) of the purple diamond samples were collected on the Ekomiak V property whilst the fourth was collected on the PEM property. All the purple diamond samples are associated with samples having high diamond counts (39 to 224 diamonds per sample).

During 2006, Dianor identified a number of areas of Quebec having similar geology as its advanced exploration diamond property, the Leadbetter Diamond project, near Wawa, Ontario. The PEM property was the location of the first diamond discovery in the James Bay region in 2001 when Dianor recovered diamonds in lamprophyre dykes and intrusive breccias in a geological situation similar to Wawa. Eight (8) different geographic areas of Quebec were map staked during late 2006 and early 2007 with the last map staking completed in February 2008. Seven hundred and seventy two (772) claims totaling 39,542 hectares were staked on behalf of the Joint Venture partners.

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