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Bullboard - Stock Discussion Forum Diamonds North Resources Ltd V.DDN

TSXV:DDN - Post Discussion

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Post by madmann on Nov 18, 2010 10:12am

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).

Comment by romanko on Nov 18, 2010 10:34am
news that isn't news, what else is new.
Comment by romanko on Nov 18, 2010 10:42am
LOL! Nancy got the boot!Just read it at the bottom of the news release. That's what happens to VP of Investor Relations when they're the only insiders dumping shares!
Comment by mix1455 on Nov 18, 2010 12:01pm
Yep, I agree romanko...news that isn't news. As for Nancy leaving...no big loss there. She is the Queen of Repeat. " We are still waiting for results". " It will be soon". " Any day now" Blah Blah Blah....eom
Comment by cautious36 on Nov 18, 2010 12:18pm
I agree too. If Nancy could not find gold nickel or diamonds, she deserves to be gone.
Comment by romanko on Nov 18, 2010 12:49pm
She deserves to be gone because her job was to promote the company - but what did she do? She was the only insider to dump shares, on several occasions during the past two years.
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