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Diamonds North Recovers Larger Diamonds from Beluga-3
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VANCOUVER, December 1st, 2009 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces the recovery of larger stones from the Beluga-3
kimberlite on its 100% owned Amaruk Property located in Nunavut,
Canada. A 6.7 tonne sample collected by reverse circulation drilling
and processed by dense media separation yielded a total of 126 diamonds
above the 0.5 mm mesh including 9 stones on the 1.18 mm mesh and 1
stone on the 1.70 mm mesh.
The
Diamond recovered from the 1.70 mm mesh measures 2.6 mm x 2.0 mm x
1.0 mm and is a fragment with an estimated 60% loss. In addition, 5 of
the 9 diamonds on the 1.18 mm screen are fragments with varying
characteristics (4 of the stones show an estimated 60% loss). A high
proportion of the diamonds recovered are white, clear octahedrons (see
photos at http://www.diamondsnorthresources.com/flickrgallery/ ).
"The recovery of a
Diamond fragment on the 1.70 mm screen from a small
sample is what we needed to see from Beluga-3. This result not only
validates our new targeting strategy of testing kimberlite with a
subtle magnetic signature but provides a new kimberlite body requiring
a larger bulk sample" says Mark Kolebaba, President & CEO of Diamonds
North.
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Kimberlite Weight(t) TOTAL 0.50mm 0.60mm 0.85mm 1.18mm 1.70mm
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Beluga 3 6.7 126 12 67 37 9 1
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The sample was designed to test Beluga-3 for larger stones before
committing to a more costly bulk sample. The collection cost using the
reverse circulation drill was less than $200,000 compared to the use of
a core drill which would have cost approximately $1,000,000. The
recovery of a
Diamond on the 1.70mm screen warrants the collection of a
larger sample.
The Company has successfully joint funded the development of a low
cost, light weight bulk sampling drill that utilizes reverse
circulation without percussion to reduce and or eliminate
Diamondbreakage. Plans to mobilize the drill to Amaruk are being considered.
Estimated collection cost with this drill rig is $10 per kilogram in
contrast with core drilling which is approximately $150 per kilogram.
An 851 kilogram Kanguq kimberlite sample was also processed by dense
media separation. No diamonds above the 0.5 mm mesh were recovered. It
is important to note that while Kanguq kimberlite does not warrant
further work, it represents a new kimberlite cluster on the property.
Drill chips were logged in secure facilities at the Amaruk field camp
by geoscientists. Samples were sealed with security tags and shipped to
Saskatchewan Research Council Laboratory (SRC) for processing by dense
media separation. SRC is accredited by the Standards Council of Canada
to the ISO/IEC Guide 25 standard for specific registered tests. As part
of an ongoing Quality Control & Quality Assurance program, Diamonds
North will conduct reviews and audits of results.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's
qualified persons reviewing these projects. They are responsible for
the design and conduct of the exploration programs and the verification
and quality assurance of analytical results.
About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President & 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) 2009 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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