Diamonds North Starts Copper-Silver-Bismuth Exploration Project at Hepburn
18 8월 2011 - 12:46AM
Marketwired
Diamonds North Resources Ltd. (TSX VENTURE: DDN) announces that the
2011 exploration program has begun on the Hepburn property in the
Northwest Territories. The program will focus on delineating areas
of concentrated mineralization for drilling using induced
polarization (IP) surveying and prospecting.
"The Hepburn property has already demonstrated high copper
silver potential along with bismuth, uranium and gold credit.
Successfully identifying drill targets on this property would be a
significant advancement," says Mark Kolebaba President and CEO of
Diamonds North.
Initial grab samples from the property returned values up to
19.8% copper, 123.0 grams per tonne silver, 0.20% uranium and 0.17%
bismuth. These showings appear to be associate with a 3.5 kilometre
by 1.5 kilometre magnetic high which is semi-coincident with a
radiometric anomaly detected by airborne surveying. Anomalous gold
values suggest the system is gold bearing (see news release March
4, 2010).
In addition to the Hepburn property the Company is actively
exploring for gold on Southern Nunavut properties including the
Esker Property. To view a video presentation of the Esker Gold
Property, visit our website www.diamondsnorth.com.
Bruce Kienlen (P. Geol) and Graham Gill (P. Geo) are Diamonds
North's qualified persons as defined by National Instrument 43-101,
reviewing this project.
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
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.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Diamonds North Resources Ltd. Troy Shultz Manager,
Corporate Communications (604) 689-2010 (604) 484-7143 (FAX)
info@diamondsnorth.com www.diamondsnorth.com
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