Company News Alert
Diamond Frank Exploration Has Begun its Drilling Campaign at Destorbelle (ccnm)
LAVAL, QUEBEC--(Marketwire - Jan. 25, 2011) -Diamond Frank Exploration Inc. (TSX VENTURE:DOD)announced today it has commenced its 2011 drilling campaign on the Destorbelle Project with Typhoon Exploration Inc. (TSX-V: TYP).
The drilling program will focus on north-west of the Fayolle Deposit to confirm the geological model defined during the geoscientific compilation conducted in 2009-2010 by Typhoon Exploration Inc.
The drilling strategy is oriented to intersect N-NW structural features that were developed by Diamond Frank Exploration Inc. and Typhoon Exploration Inc. This new drill pattern permits a better understanding of the relationship between intrusive dykes and mineralized zones, which are distributed within an E-W striking deformation corridor.
The Destorbelle Property, 50% owned by Diamond Frank and 50% owned by Typhoon Exploration, is located less than 8 kilometres west of the Fayolle Deposit, where Typhoon Exploration is currently conducting a 50,000 meter drilling campaign. It is also located in the heart of Abitibi's developing mining projects.
See location map below:
https://media3.marketwire.com/docs/diamond%20ENG.pdf
Mr. David Mc Donald, President and Chief Executive Officer of Diamond Frank Exploration Inc., stated: "The mineralized auriferous zone located northwest of the Fayolle Deposit represents a priority target that will be systematically explored. As demonstrated in the nearby mining camp, several economic deposits were found to extend as deep as 1,000 metres."
All exploration work is being carried out under the supervision of Ressources Lutsvisky Inc. acting as project manager.
QUALITY CONTROL
All drill cores are oriented using Fordia's "Corientr" toolin order to measure their geological structures. Cores are sawn in half, with one part kept as a control and the other being analysed. Assays are performed with standard fire assay procedures and atomic absorption finish. Certified reference material, duplicates and blanks are inserted in the sample sequence for quality control. Primary assaying are performed by ALS Chemex of Val d'Or. The rejects for all samples returning >10 g/t Au are completely pulverized and re-assayed.
QUALIFIED PERSON
Mr. Robert Gagnon, P. Geo. (OGQ), Technical Advisor, a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
ABOUT DIAMOND FRANK EXPLORATION INC.
Diamond Frank Exploration Inc. targets Quebec's excellent mineral potential and favourable investment climate for the development of potential new world-class gold deposits. Diamond Frank is currently focused on the Destorbelle Property which the company has a 50 % interest. The Destorbelle Property consists of 24 mining claims located in the Aiguebelle and Destor Townships, in the Rouyn-Noranda mining camp. Due to its strategic location, this property allows Diamond Frank Exploration and its partner Typhoon Exploration to control over 35 km of favourable ground along the Destor-Porcupine Fault, which has already produced over 80 million ounces of gold.
The common shares of Diamond Frank Exploration Inc are listed on the Venture Stock Exchange under the symbol "DOD".
Forward-looking statements
This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank's management at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
FOR FURTHER INFORMATION PLEASE CONTACT:
David Mc Donald, President and CEODiamond Exploration Inc. 450-622-4066Fax: 450-622-4337info@diamondfrank.comwww.diamondfrank.com
OR
819-637-2096Exploration Office (MontBrun)819-637-2076 (FAX)