DDN NewsAt last count, Commander still owned a half million shares of DDN.
Diamonds North Recovers 550 Diamonds from 81.75 Kilograms of
Tuktu-1 Kimberlite
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News Release: 08-01
VANCOUVER, January 8th, 2008 - Diamonds North Resources Ltd. (TSX-V:
DDN) announces high diamond counts from the Tuktu-1 kimberlite located
on the Company's 100% owned Amaruk property in the Pelly Bay Diamond
District of Nunavut. A total of 550 diamonds have been recovered from
an 81.75 kilogram reverse circulation/percussion drill-hole sample from
the Tuktu-1 kimberlite. A bulk sample program is planned for this
kimberlite.
More than 90% of the diamonds recovered from the 0.30 mm mesh and above
are white with the majority being clear octahedral crystals forms.
Diamond results for 18 additional kimberlites are pending, including 8
more kimberlite discoveries in the Tuktu area. Diamonds North has
discovered 22 kimberlite to date on the Amaruk property and there are
500 compelling geophysical targets that remain to be tested.
Table 1. Diamond Sieve Data for the Tuktu-1 Kimberlite
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Weight Sieve Sizes (mm)
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(kg) 0.106 0.150 0.212 0.300 0.425 0.600 Total
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Tuktu-1 81.75 269 158 73 37 11 2 550
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The Company views these results as very significant because it is
generally considered highly positive to recover one diamond per
kilogram of kimberlite. Tuktu-1 has yielded nearly 7 diamonds per
kilogram which is comparable to initial results from some of the top
diamond producing kimberlites in Canada.
The high diamond content within the Tuktu-1 kimberlite sample is
consistent with the compelling mineral chemistry of kimberlite
indicator minerals recovered from till samples in the area. An
abundance of high quality G10 garnets and diamond inclusion chromites
were observed in the area. The Tuktu-1 kimberlite is located
approximately 15 kilometres from the Qavvik kimberlite where 515
diamonds where recovered from 397 kilograms of kimberlite (see News
release NR-07-07, March 29th, 2007). The Tuktu-1 discovery represents
the third highly diamondiferous region on the Amaruk property
The Tuktu-1 geophysical anomaly covers an area of about 1.2 hectares
and appears to be part of a larger overall complex confirmed by 2007
RC/percussion drilling covering approximately 5 hectares. Additional
adjacent targets that have not yet been drill tested expand the
geophysical target to approximately 8 hectares.
The drill cuttings were logged in secure facilities at the Amaruk field
camp by geoscientists. Samples were securely sealed in solid containers
and shipped to Saskatchewan Research Council (SRC) in Saskatoon for
processing. The results presented in this news release were obtained by
SRC using their standard caustic fusion diamond recovery method. 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.
Diamonds North Resources is focused on discovering Canada's next
diamond mine. The Company is rapidly evolving and committed to building
long-term value through ongoing diamond discoveries.
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) 2008 DIAMONDS NORTH RESOURCES LTD. (DDN) All rights
reserved. For more information visit our website at
https://www.diamondsnorth.com/ or send mailto:info@diamondsnorth.com
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