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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Post by madmannon Nov 18, 2010 10:12am
440 Views
Post# 17723734

News re Bulk

News re Bulk

Diamonds North starts processing Beluga-3 sample

2010-11-18 10:10 ET - News Release

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Mr. Troy Shultz reports

DIAMONDS NORTH BEGINS PROCESSING BELUGA-3 BULK SAMPLE TO TEST FOR LARGER DIAMONDS

Diamonds North Resources Ltd. has started processing of the 25-tonne bulk sample from the Beluga-3 kimberlite collected in 2010, located on the company's 100-per-cent-owned Amaruk property in Nunavut.

The sample, with a total lab weight of 24,613 kilograms is at the Saskatchewan Research Council Laboratory. A diamond concentrate will be produced using a 1 tonne per hour Bateman Dense Media Separation plant with a 0.5mm screen size cut-off. The sample is being separated into five batches for quality assurance and comparison of diamond content. Results will be reported upon receipt and final review and are anticipated mid to late December.

A mini-bulk sample of the Beluga-3 kimberlite completed in 2009 demonstrated larger diamond potential, giving the Company confidence to proceed with this larger bulk sample (see News Release NR09-17, December 1st, 2009). Based on rough reconstructive analysis provided by Saskatchewan Research Council Laboratory, the Company estimates the largest diamond fragment recovered in 2009 to have been a diamond weighing from 0.2 to 0.25 carats (see News Release NR10-05, April 16th, 2010).

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