June 11, 2008

Diamonds North increases kimberlites


by Jo Black

Canada’s Diamonds North Resources Ltd. has discovered 3 new kimberlites on its totally owned Amaruk property. The company has also commenced the phase-I exploration program.

Providing details of the new kimberlites, the company said that Tuktu-10 was discovered approximately 1 kilometre south of Tuktu-1, while Qavvik-7 and Qavvik-8 were discovered adjacent to Qavvik-5. Representative samples from the new kimberlites will be collected for diamond analysis.

With the discovery of 3 new kimberlites Diamonds North has increased the kimberlite tally to 25 on the Amaruk property, which is located in the Pelly Bay Diamond District of Nunavut.

Of the 22 analyzed kimberlites, more than 90% of the known kimberlites are diamondiferous and 50% exhibit diamond counts that require follow-up exploration. At least 500 compelling geophysical targets remain to be tested on the property.

Meanwhile, the miner has also begun taking larger samples with a core rig from the Tuktu cluster. To date, an estimated 2500 kilograms has been collected using HQ sized core. This larger sample is designed to test for the larger diamond potential of this cluster.

Source : http://www.diamondsnorthresources.com/

Story link: Diamonds North increases kimberlites




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