March 17, 2008

Diamonds North updates Tuktu Cluster


by Jo Black

Diamonds North Resources Ltd. announces a total of 607 diamonds recovered from a 107 kilograms sample of the Tuktu-2 kimberlite and 219 diamonds recovered from a 37.85 kilogram sample of the Tuktu-3 kimberlite. The Tuktu-2 and 3 kimberlites are located immediately adjacent to the Tuktu-1 kimberlite on the 100% owned Amaruk property, Pelly Bay Diamond District, Nunavut. Samples were collected using a reverse circulation/percussion drill.

Tuktu-1, 2, 3 and 4 appear to form a kimberlite complex with a geophysical expression of approximately 5 hectares. Other adjoining targets, not yet drill tested; expand the geophysical target to approximately 8 to 12 hectares in size. A mini bulk sample program is being planned to further evaluate the economic potential of these bodies.

Tuktu-2 and Tuktu-3 have yielded nearly 6 diamonds per kilogram of kimberlite which is comparable to initial results from some of the top producing kimberlites in Canada.

In Tuktu-2, 98% of these diamonds are white. More than 80% of the diamonds from Tuktu-3 are white. The majority of diamonds from both samples are clear octahedral forms. Broken diamonds or fragments comprise about 27% of the diamonds in Tuktu-2 and about 10% in Tuktu-3. Only diamonds on or above the 0.3mm screen have been described.

Very high diamond counts, large tonnage potential and untested targets in the cluster establish the Tuktu cluster as Diamonds North’s top priority for 2008, states President and CEO Mark Kolebaba.

Story link: Diamonds North updates Tuktu Cluster



Add to Bookmarks:

ADD TO NETSCAPE     ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL



No Comments

No comments yet.

Sorry, the comment form is closed at this time.


Previous: « Harry’s estimate for Diavik mine
Next: Harry completes private placement »

Visited 241 times, 1 so far today since July 6th 2007