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Diamonds North Resources Ltd

Diamonds North Resources Ltd (DDN)

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DDN Discussion

View Posts
EnergyGuy62 EnergyGuy62 13 years ago
Diamonds North Announces Exploration For Diamonds And Gold

Alas, no mention of any drilling. :(
With the Dow Jones losing more than 600 points on August 8th, I think Mark Kolebaba is just showing the company flag. Understandable but also very underwhelming.
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EnergyGuy62 EnergyGuy62 13 years ago
Flyover Of Diamonds North's Nickel Properties Completed
DDN's JV Partner MMG has finished its comprehensive electro magnetic airborne survey of the nickle prospects. This prepares the properties for eventual drilling.
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EnergyGuy62 EnergyGuy62 13 years ago
Preliminary Exploration Begins On Diamonds North's Fox Property In Nunuvut. Basically, the company wants to study both iron-hosted gold as well as non-iron intrusives and rocks which would also host gold mineralization. Diamonds North, of course, is trying to raise the price of its stock. So it prominently features high grade gold grab and chip samples in its news release to get the investor newbies excited. The facts are that Diamonds North has a somewhat limited budget and the only property to see any drilling at all is the Esker Property for this year. Furthermore, any drilling for diamonds most liely won't take place until next year.
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EnergyGuy62 EnergyGuy62 13 years ago
Diamonds North Issues News Release But Market Yawns At It Basically, the news release was a compilation/rehash of cetain parts of previous news releases. Specifically, DDN re-iterated that work would be done on their Esker Gold Property and that they are using a new technoogy to define diamond targets on the eastern side of Amaruk. People have either heard this before or they have discounted most of it or they are confused by the info about the "new" technology DDN will be using. As a result, the share price not only didn't go up...it actually went down. :(
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EnergyGuy62 EnergyGuy62 13 years ago
Diamonds North Announces Begining of Nickel Exploration. Basically, MMG (Diamonds North's JV Partner) is starting a 6000 line kilometer flyover of the optioned nickle lands in Amaruk.
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EnergyGuy62 EnergyGuy62 13 years ago
Diamonds North Raises $750K Via Equity Financing Yesterday.
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EnergyGuy62 EnergyGuy62 13 years ago
Diamonds Norh Completes $500K Financing

They shouldhave about $475K after expenses. That money will probably be used to work the Esker Gold Project this year.
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JimLahey JimLahey 13 years ago
Sorry I can't PM.

The video basically outlines the Esker property and goes in depth into the area and where they plan on stepping out and doing further drilling.


You need a new browser EnergyGuy! Videos are important!
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EnergyGuy62 EnergyGuy62 13 years ago
Gold exploration is tremendous right now. Thank the paper money politicians for printing way more money than any democracy ever needed. I will try to send you a private post tomorrow around 'Happy Hour' in the afternoon.
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JimLahey JimLahey 13 years ago
EnergyGuy,

It's a very interesting video: I think there are a lot of exciting things happening up in Canada's north for precious metals.

What do you think?
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EnergyGuy62 EnergyGuy62 13 years ago
Jim, did you see the video? If so, I would love to hear your comments on it. :)
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JimLahey JimLahey 13 years ago
DDN's CEO gives video update on the Esker property:




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EnergyGuy62 EnergyGuy62 13 years ago
There was news today from DDN.V. The company has staked more land in Nunuvut which it considers prospective for gold. We shall see. I wish them well but I have been dissapointed so many times before that I only hold a very few shares currently.
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EnergyGuy62 EnergyGuy62 13 years ago
VANCOUVER, March 22, 2011 - Diamonds North Resources Ltd. (TSX-V: DDN) and Indicator Minerals Inc. (TSX-V: IME) have entered into an option agreement whereby Diamonds North may earn a 60% interest in the diamond rights on the Barrow Property("the Property") by spending $2,000,000 over five years. The Barrow Property is contiguous to Diamonds North's Amaruk Property in the Pelly Bay Diamond Region in Nunavut, Canada.
"The high quality, reliable data collected by IME is complimentary to the data collected on Amaruk. This transaction provides access to a larger, prospective geological area to test a new generation of kimberlite targets," says Mark Kolebaba, President and CEO of Diamonds North.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Hundreds of untested anomalies and numerous kimberlite indicator mineral trains remain unresolved, offering high potential for additional kimberlite discoveries on the properties.
Diamonds North will serve as the operator on the Property during the earn-in period and will remain the operator in the joint venture provided it holds the largest single interest in the property.
Details of the material terms of the Option Agreement. Diamonds North may earn up to sixty percent (60%) interest in any diamond discovery on the Barrow Property by incurring $2,000,000 in expenditures on the Property over five years. To earn an initial 51% interest, Diamonds North must incur $1,000,000 in expenditures by December 31, 2015, of which $50,000 must be incurred before the end of the current year and a total of $200,000 must be incurred by December 31, 2013. To earn an additional 9% interest (for 60%), Diamonds North must incur an additional $1,000,000 in expenditures (for aggregate of $2,000,000) by December 31, 2016.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) will be Diamonds North's qualified persons 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
For additional information please contact: Troy Shultz
Manager, Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
👍️0
EnergyGuy62 EnergyGuy62 13 years ago
VANCOUVER, December 20, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) reports 82 diamonds on or above the 0.85 millimetre sieve were recovered from 19.0 tonnes of kimberlite (certified headfeed weight) collected from the Beluga-3 kimberlite on the Amaruk property in Nunavut. Compelling high interest indicator minerals recovered from till samples suggesting kimberlites with high diamond potential exist on the property and have not yet been discovered.
----------------------------------------------
Kimberlite Weight
??????????????????????(tonnes) ? TOTAL ? 0.85 mm 1.18 mm 1.70 mm ? total >0.85
----------------------------------------------
Beluga-3 ? 19.0 ? ? ? 82 ? ? ? 50 ? ? ? 27 ? ? ? 5 ? ? ? ? ? 82
----------------------------------------------
Diamonds recovered from the Beluga-3 2010 drilling campaign
The 5 largest stones recovered remain on the 1.70 millimetre mesh. Beluga-3 is the most subtle magnetic target we have tested to date. While Beluga-3 is not of high interest at this time, this data demonstrates that kimberlites with a subtle magnetic response contain the largest diamonds discovered on the property to date. These subtle magnetic targets will continue to be the focus of the Company's exploration strategy.
"We plan to implement an aggressive campaign to target the source of high interest indicator minerals associated with subtle geophysical features" says Mark Kolebaba President and CEO of Diamonds North. The Company is currently reviewing technological advances to apply to the Amaruk property to help identify new types of targets in this complex magnetic terrain.
The Beluga-3 samples were securely sealed at the drill site and shipped to the Geoanalytical Laboratories Diamond Services facility at the Saskatchewan Research Council. The GLDS operates in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration laboratories. 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 as defined by National Instrument 43-101, reviewing this project. They are responsible for the design and conduct of the exploration programs and the verification and quality assurance of analytical results.
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
For additional information please contact: Troy Shultz
Manager, Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
👍️0
EnergyGuy62 EnergyGuy62 13 years ago
VANCOUVER, December 20, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) reports 82 diamonds on or above the 0.85 millimetre sieve were recovered from 19.0 tonnes of kimberlite (certified headfeed weight) collected from the Beluga-3 kimberlite on the Amaruk property in Nunavut. Compelling high interest indicator minerals recovered from till samples suggesting kimberlites with high diamond potential exist on the property and have not yet been discovered.
----------------------------------------------
Kimberlite Weight
??????????????????????(tonnes) ? TOTAL ? 0.85 mm 1.18 mm 1.70 mm ? total >0.85
----------------------------------------------
Beluga-3 ? 19.0 ? ? ? 82 ? ? ? 50 ? ? ? 27 ? ? ? 5 ? ? ? ? ? 82
----------------------------------------------
Diamonds recovered from the Beluga-3 2010 drilling campaign
The 5 largest stones recovered remain on the 1.70 millimetre mesh. Beluga-3 is the most subtle magnetic target we have tested to date. While Beluga-3 is not of high interest at this time, this data demonstrates that kimberlites with a subtle magnetic response contain the largest diamonds discovered on the property to date. These subtle magnetic targets will continue to be the focus of the Company's exploration strategy.
"We plan to implement an aggressive campaign to target the source of high interest indicator minerals associated with subtle geophysical features" says Mark Kolebaba President and CEO of Diamonds North. The Company is currently reviewing technological advances to apply to the Amaruk property to help identify new types of targets in this complex magnetic terrain.
The Beluga-3 samples were securely sealed at the drill site and shipped to the Geoanalytical Laboratories Diamond Services facility at the Saskatchewan Research Council. The GLDS operates in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration laboratories. 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 as defined by National Instrument 43-101, reviewing this project. They are responsible for the design and conduct of the exploration programs and the verification and quality assurance of analytical results.
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
For additional information please contact: Troy Shultz
Manager, Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
👍️0
EnergyGuy62 EnergyGuy62 13 years ago
VANCOUVER, November 30, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces gold assays at the Far East showing on the Amaruk property in Nunavut. Prospecting around gold grains in till anomalies has lead to the identification of an extensive area with anomalous gold and silver including rock samples with 2.66 g/T gold and 1.19 g/T gold with 49.5 g/T silver.
Gold mineralization occurs in at least four structurally controlled zones within a 2 square kilometre central core area of felsic intrusive rock. The highest gold concentrations occur along the margins of an overburden covered valley which is open to the west. Elevated to high silver values also occur in two separate areas at the Far East showing.
Within similar rocks 1500 metres to the south of the main Far East showing, additional mineralization was identified where samples returned 24.9 g/T silver and 0.126 g/T gold. Silicified boulders with pyrite and chalcopyrite found 100 metres to the south of this second showing returned up to 0.573 g/T gold, 5.6 g/T silver, and 1% copper.
"This is another example of gold mineralization occurring over a large area discovered on the under-explored Amaruk property. The Far East showing is of particular interest because of the occurrence of silver with gold and follow-up work on this project will be a priority for the company" says Mark Kolebaba, President and CEO of Diamonds North.
A total of 83 rock samples were collected in 2010 at the Far East showing and 27 samples returned values greater than 0.1 g/T gold. The Far East showing was discovered in 2009 and was formerly referred to as the PB3 Showing (See news release 09-16, October 29, 2009).
The proposed work program for the Far East property includes immediate structural analysis prior to geological mapping, prospecting and ground geophysical surveying. Geochemical soil surveying will be conducted over overburden covered areas adjacent to anomalous rock samples identified in 2010.
Bruce Kienlen (P. Geol) is Diamonds North's qualified person as defined by National Instrument 43-101, reviewing this project. He is responsible for the design and conduct of the exploration programs and the verification and quality assurance of analytical results. All assay results are provided by ALS Chemex.
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
For additional information please contact:
Troy Shultz
Manager, Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
👍️0
EnergyGuy62 EnergyGuy62 13 years ago
VANCOUVER, November 18th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces the commencement of the processing of the 25 tonne bulk sample from the Beluga-3 kimberlite collected in 2010, located on the Company's 100% 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).
The Beluga-3 bulk sample was drilled using a low cost, light weight bulk sampling drill that utilizes flood reverse circulation without percussion to reduce and/or eliminate significant diamond breakage. A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Hundreds of untested anomalies and numerous kimberlite indicator mineral trains remain unresolved, offering high potential for additional kimberlite discoveries on the property. Diamonds North also tested a time domain electromagnetic airborne system on the property this season and will continue refining kimberlite targeting methods.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons, as defined by National Instrument 43-101, for reviewing this project. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
Appointment of Manager of Corporate Communications
Diamonds North is pleased to announce the appointment of Troy Shultz as Manager of Corporate Communications. Mr. Shultz is a graduate of the University of Saskatchewan's MBA program and brings to this position experience in marketing and corporate communications. Most recently he has been a key member of the corporate communications team at Diamonds North for the past five years and has been instrumental in the development and execution of communication strategies. Prior to this he has held positions with BHP Billiton and the Federal Government. Mr. Shultz fills the corporate communications position previously held by Nancy Curry. The Board of Directors thanks Ms. Curry for her years of service and wishes her well in her future endeavors. Also, the Board of Directors welcomes Mr. Shultz to this position and anticipates a smooth transition.
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
For additional information please contact:
Troy Shultz
Manager, Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
VANCOUVER, October 25th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces gold results for one of the Company's new gold projects on its 100% owned Amaruk Project located in Nunavut. Rock sampling from the DEL Showing returned grab samples up to 4.16 g/T Au and chip samples up to 1.20 g/T Au over 3.0 metres.
The approximately 15 kilometres long DEL Showing comprises an eastern and western zone which is separated by a younger felsic intrusive and bisected by a prominent regional fault. The eastern zone is approximately 9 kilometres long and contains at least two parallel shallow dipping sulfide-bearing iron formations. The western zone contains similar iron formation as well as gossanous metasediment with anomalous gold, silver and copper.
Surface exposure is limited with less than 10% of the iron formation exposed. A ground geophysical magnetic survey over a portion of the eastern zone indicates that the iron formation is continuous and can be traced under the shallow overburden.
"These are amazing results for a 10 day prospecting program over a 15 kilometre long gold bearing structure with limited exposure. More than 90% of the DEL showing has not yet been tested" says Mark Kolebaba, President & CEO of Diamonds North.
The western zone extends to the coast and a nearby all season road links the DEL showing to the Hamlet of Kugaaruk.
Future work plans include an immediate structural analysis to assist in identifying areas for possible manual stripping of the overburden to expose the iron formation for systematic grab and channel sampling, soil sampling in areas where the overburden is thicker, and ground geophysical surveys to help in delineating targets for drilling.
The DEL Showing was discovered in 2009 as part of Diamonds North's prospecting to follow-up Au in till anomalies on the Amaruk property. Initial grab samples from this showing returned between 115-692 ppb Au.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Submits Diamond Cores For Lab Analysis

VANCOUVER, October 13th, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces it has completed a 25 tonne bulk sample of the Beluga-3 kimberlite, located on its 100% owned Amaruk project in Nunavut.
Approximately 50% of the sample is at the Saskatchewan Research Council Laboratory awaiting processing. The remaining portion of the sample is in transport to the lab. Processing using a Dense Media separation plant is expected to start by the beginning of November.
The 2009 mini-bulk sample of Beluga-3 demonstrated larger diamond potential giving the Company confidence to proceed with this 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 between 0.2 to 0.25 carats (see News Release NR10-05, April 16th, 2010). Three percussion RC drill holes were drilled outwards from the known Beluga-3 magnetic high to test for the presence of a non-magnetic phase of kimberlite. All three holes intersected non-magnetic material surrounding the magnetic high that was the original Beluga-3 kimberlite expression. This increases the size of the Beluga-3 body to a minimum of 1.0 hectare. These percussion RC cuttings will be processed separately to compare the kimberlite indicator mineral chemistry and microdiamonds with that of previous RC cuttings and the new RC bulk sample material.
Further interest in the Beluga-3 area has developed as a result of a comparison of garnet chemistry from the Beluga-3 kimberlite and surrounding till samples. A high priority garnet population observed in the till was not recovered in the 2009 Beluga-3 kimberlite sample, suggesting an untested phase of kimberlite is present in Beluga-3 and/or additional undiscovered kimberlites in the immediate area.
The Beluga-3 bulk sample was drilled using a low cost, light weight bulk sampling drill that utilizes flood reverse circulation without percussion to reduce and/or eliminate significant diamond breakage.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Hundreds of untested anomalies remain and numerous kimberlite indicator mineral trains remain unresolved offering high potential for additional kimberlite discovery on the property. Diamonds North tested a time domain electromagnetic system on the property this season and will continue refining kimberlite targeting methods.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Extends Iron Target 800%

VANCOUVER, August 17th, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) has completed initial gold prospecting at the HI-2 iron formation on the 100% owned Halkett Inlet property located in Nunavut. The extent of iron formation and potential gold mineralization has now been traced for at least 55 kilometres, a significant increase from the 6.5 kilometres (see News Release NR10-01, January 17th, 2010). A total of 428 geochemical samples have been collected for analysis.
"The 2010 prospecting campaign has been very successful as it has moved this regional target quickly into what could be a very significant gold play" says Mark Kolebaba, President & CEO of Diamonds North.
The iron formation measures 1 to 3 metres wide and in some areas up to 20 metres wide. Preliminary grab samples from HI-2 collected in 2009 yielded assays between 0.7 and 1.2 g/T gold demonstrating that the iron formation is gold bearing. The HI-2 prospect is only 5 kilometres from the coast.
Graham Gill (P. Geo) is Diamonds North's qualified person as defined by National Instrument 43-101, reviewing this project. Mr. Gill is responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Begins Drilling Beluga-3 Mini Bulk Sample

VANCOUVER, August 12, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) has commenced drilling the 25 tonne bulk sample of the Beluga-3 kimberlite, located on its 100% owned Amaruk project in Nunavut.
The 2009 mini-bulk sample of Beluga-3 demonstrated larger diamond potential giving the Company confidence to proceed with this 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 between 0.2 to 0.25 carats (see News Release NR10-05, April 16th, 2010).
Further interest in the Beluga-3 area has developed as a result of a comparison of garnet chemistry from the Beluga-3 kimberlite and surrounding till samples. A high priority garnet population observed in the till was not recovered in the 2009 Beluga-3 kimberlite sample, suggesting an untested phase of kimberlite is present in Beluga-3 and or additional undiscovered kimberlites in the immediate area. Additional exploration drilling is planned around Beluga-3 to locate the source of this high priority garnet population.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Hundreds of untested anomalies remain and numerous kimberlite indicator mineral trains remain unresolved offering high potential for additional kimberlite discovery on the property. Diamonds North will continue refining kimberlite targeting methods.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Completes Financing

VANCOUVER, July 22, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) reports that the final portion of the non-brokered private placement announced on June 15, 2010 has closed for gross proceeds of $390,000. The Company has issued 1,950,000 flow-through common shares and paid finders' fees of $27,300.
All the securities issued hereunder are subject to a four month hold period and may not be traded until November 23, 2010.
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
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
👍️0
EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Extends HI-1 Along Strike and Identifies Abundance of Gossan Zones at HI-2
9:02 AM ET, July 22, 2010
VANCOUVER, BRITISH COLUMBIA, Jul 22, 2010 (MARKETWIRE via COMTEX) -- Diamonds North Resources Ltd. (DDN) has completed initial gold prospecting at HI-1 and has initiated prospecting at HI-2. The potential extent of the gold mineralization appears more significant than originally expected at both locations. HI-1 and HI-2 prospects are on the Halkett Inlet Property located in Nunavut.
"HI-1 and HI-2 are very good examples of why Diamonds North focuses on the underexplored North. At minimal cost, DDN has outlined two very prospective and large gold target areas that we own 100%. I look forward to receiving the sample results," says Mark Kolebaba, President & CEO of Diamonds North.
The 2010 prospecting has led to the discovery of additional gossan zones along strike extending HI-1 from 100 to 450 metres and is open to the northeast and southwest. In 2009, a continuous rock chip sample across the HI-1 Gold Prospect yielded 9.4 g/T Au over 3 metres and a grab sample of quartz feldspar dyke contained 24.3 g/T Au. Prospecting has demonstrated that quartz feldspar dykes are far more extensive laterally (100 metres) and along strike (450 metres). A total of 88 rock samples have been collected from HI-1 and submitted for assay. The assays are being rushed as the results will be used to determine drill hole locations for an anticipated drill program.
Initial grab samples from iron formation at HI-2 Gold Prospect collected during a helicopter flight in 2009 yielded assays from between 0.7 and 1.2 g/T Au. A preliminary reconnaissance flight over the area in 2010 identified an abundance of gossan zones that strongly correlate with an interpreted trace of the iron formation from airborne magnetic geophysical data. The expected iron formation stratigraphy and gossan zones have been observed for more than 30 kilometres along strike. The iron formations observed to date measure 1 to 5 metres wide and in areas of intense folding up to 25 metres wide. HI-2 is only 5 kilometres from tide water and 25 kilometres from HI-1. Intensive prospecting and sampling along HI-2 will be conducted to determine areas with strong gold mineralization.
The HI-1 and HI-2 prospects are within 8 to 5 kilometres of the coast respectively.
Graham Gill (P. Geo) is Diamonds North's qualified person as defined by National Instrument 43-101, reviewing this project. Mr. Gill is responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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.
Nancy Curry
VP Corporate Communications
(604) 689-2010
(604) 484-7143 (FAX)
info@diamondsnorth.com
www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Begins Exploring At Halkett Inlet Gold Property

VANCOUVER, July 16th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) has commenced its 2010 exploration program on the Halkett Inlet Property located in Nunavut. A phase 1 program designed to develop drill targets on and around the HI-1 gold prospect is underway. HI-1 yielded several significant gold values in 2009 including a grab sample up to 24.3 g/T gold (see News Release NR09-15, October 19th, 2009).
The program will focus on mapping, prospecting, and systematic chip and channel sampling over the area around HI-1 in preparation for an anticipated drill program in August. The program will also include similar work on the HI-2 gold occurrence a gold bearing iron formation that may extend for 10's of kilometres (see News Release NR10-01, January 17th, 2010).
Initial observation at HI-1 from the 2010 program supports a relationship between gold mineralization and younger granitic intrusives. In addition, a much higher concentration of quartz feldspar dykes have been observed at HI-1.
"In one year the Company has developed a brand new gold district where initial samples have returned high grade gold. This season's program has the potential to add a lot of value quickly", says Mark Kolebaba, President & CEO of Diamonds North.
Project Background
HI-1 Gold Prospect is located in the northwestern part of the Halkett Inlet permit block. A continuous rock chip sample across an oxidized sulfide zone in 2009 yielded 9.4 g/T gold over 3 metres. A nearby grab sample of un-oxidized altered quartz feldspar dyke devoid of sulfides contained 24.3 g/T gold.
The oxidized sulfide zone, has been observed over a length exceeding 100 metres and up to 3 to 8 metres wide, increasing up to 20 metres wide locally. The gold bearing quartz feldspar dyke is part of a larger dyke swarm that extends laterally tens of metres beyond the oxide zone. The discovery of gold in both the quartz feldspar dyke and the surrounding oxide zones significantly increases the potential strike, width and grade of the HI-1 Gold Prospect.
HI-2 Gold Prospect was identified by regional prospecting. Grab samples from an iron formation with highly anomalous gold content include 3 samples greater than 0.5g/T, including one sample with 1.2 g/T gold. The iron formation was traced by helicopter prospecting and sampling for more than 6.5 kilometres and based on interpretation of airborne magnetics may extend for 13 to 18 kilometres in strike length. The iron formation measures 1 to 5 metres, wide and in areas of intense folding up to 25 metres wide. HI-2 is only 5 kilometres from tide water and 25 kilometres from HI-1.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Begins 2010 Hunt For Diamonds And Gold On Amaruk

VANCOUVER, July 13, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) has commenced its 2010 exploration programs on the Amaruk property located in Nunavut. The diamond program will focus on the collection of a 25 tonne bulk sample from the Beluga-3 kimberlite to further test for commercial size diamonds. The gold program will focus on defining drill targets in areas where anomalous gold was discovered in 2009.
DIAMONDS
The sample collected from Beluga-3 in 2009 demonstrated larger diamond potential giving the Company confidence to proceed with this bulk sample (see News Release NR09-17, December 1st, 2009).
"A positive bulk sample from Beluga-3 would be a significant driver for the Amaruk diamond project and Diamonds North" says Mark Kolebaba, President & CEO of the Company.
Further interest in the Beluga-3 area has developed as a result of a comparison of garnet chemistry from the Beluga-3 kimberlite and surrounding till samples. A high priority garnet population observed in the till was not recovered in the Beluga-3 kimberlite, suggesting an untested phase of kimberlite is present in Beluga-3 and or additional undiscovered kimberlites in the immediate area. Additional exploration drilling is planned around Beluga-3 to locate the source of this high priority garnet population.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Hundreds of untested anomalies remain and numerous kimberlite indicator mineral trains remain unresolved offering high potential for additional kimberlite discovery on the property. Diamonds North will continue refining kimberlite targeting methods.
GOLD
On Amaruk several separate and discrete areas with highly anomalous gold recovered from bedrock will be targeted for prospecting, mapping and sampling in an effort to determine drill targets. Particular focus will be on areas where over 1g/T gold was indentified by a limited prospecting program in 2009. The 2010 program will focus on these areas to identify concentrated zones of high grade gold mineralization.
The Amaruk Gold project was identified by numerous gold in till anomalies over an area of 80 x 80 kilometres. A very successful limited first pass prospecting program in 2009 led to the discovery of 20 areas with anomalous gold ( 19 in bedrock and 1 in a boulder near a suspected contact), three of these anomalies yielded gold values 1 g/T or above (see News Release NR09-16, October 29th, 2009). Additional prospecting in areas with anomalous gold grains in till will be completed in an attempt to identify additional bedrock sources on Amaruk.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Increases Financing

VANCOUVER, July 5, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) reports the private placement announced on June 15, 2010 has increased. The Company intends to complete a non-brokered private placement to raise up to $1,600,000 through the sale of flow-through shares. The flow-through shares will comprise up to 8,000,000 shares at $0.20 per share (the "Offering"). The placement is to finance the Company's exploration programs. Finder's fees of 7% of the flow-through shares sold may be payable in cash or shares on a portion of the financing to finders who assist in the placement, as permitted under applicable securities laws. This private placement is subject to regulatory approval. 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 For additional information please contact: Troy Shultz Corporate Communications Diamonds North Resources Ltd. Telephone: (604) 689-2010 Facsimile: (604) 484-7143 Email: info@diamondsnorth.com Website: ? ? www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Announces Financing

VANCOUVER, June 15, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces that it intends to complete a non-brokered private placement to raise up to $1,000,000 through the sale of flow-through shares. The flow-through shares will comprise up to 5,000,000 shares at $0.20 per share (the "Offering"). The placement is to finance the Company's diamond and gold programs on the 100% owned Amaruk property in Nunavut.
Finders Warrants may be payable on a portion of the placement. The Finders Warrants will entitle the holder to purchase that number of non flow-through common shares which is equal to 7% of the number of Flow-Through Shares sold by the Finders. The Finders Warrants will expire twelve months after the closing of the Offering. The exercise price for the Finders Warrants will be $0.25 per common share.
This private placement is subject to regulatory approval.
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
For additional information please contact:
Troy Shultz
Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Exhibiting in Vancouver

The Company invites you to stop by booth #421 for an update on our Projects.
As part of our ongoing commitment to maximize value for our shareholders, Diamonds North will continue to assess the Company's portfolio for other commodity potential while maintaining our focus on advancing our diamond projects. Already the Company has announced Gold, Nickel, and Copper-Silver prospects discovered on its' vast land portfolio. The Company believes we are at the start of a new metals cycle and is positioning itself and its portfolio to capitalize on the opportunity.
If you have any questions please contact Troy Shultz at 604-689-2010 or email t.shultz@diamondsnorth.com
World Resource Investment Conference
Booth # 421
Vancouver Convention Centre, West
1055 Canada Place, Vancouver, BC
For more information about the conference and to register: http://www.cambridgehouse.ca
Promotion Code: Cambridge
Exhibit Hours:
Sunday, June 6th: 10:00 AM -- 5:00 PM
Monday, June 7th: 10:00 AM -- 5:00 PM
Troy Shultz
Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North On The Move At Amaruk!
VANCOUVER, May 11, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces that it has been granted 285,000 acres of prospecting permits on the northern part of the Amaruk property in Nunavut. These permits were acquired to expand and protect prospective unexplored land surrounding 2 significant gold prospects held by the Company.
With the addition of these new permits Diamonds North is separating Amaruk into two distinct regions with proven gold potential; 1) the Halkett Inlet Gold Project and 2) the Amaruk Gold Project (http://www.diamondsnorthresources.com/s/Halkett.asp). The Halkett Inlet permit block is located approximately 120 kilometres north of the Amaruk claim block.
The Halkett Inlet project includes the HI-1 (formerly PB-1) and the HI-2 (formerly PB-5) prospects. A gold exploration update on the Amaruk property, which includes the PB-2 to PB-4 and several other areas with anomalous gold, will be released. A summary of the HI-1 and HI-2 prospects is listed below.
"We have 100% ownership of two new unexplored large scale gold districts with numerous prospects. I am amazed by the number of discoveries with over a gram of gold considering we have only completed preliminary first pass prospecting. We expect with more detailed work we will find higher grade gold as we did at HI-1 where we now have up to 24 grams per tonne gold" Says Mark Kolebaba President and CEO of Diamonds North.
Plans to mobilize a drill to HI-1 are under way. Drilling to test the extent of the gold mineralization will be the main objective. Detailed sampling, mapping and geophysical surveying are planned for HI-1 and HI-2 to develop additional targets for drilling. Regional sampling and prospecting will also be conducted to identify other target areas within the unexplored Halkett Inlet permit block.
Halkett Inlet Project:
The HI-1 gold prospect is located in the northwestern part of the Halkett Inlet permit block. A continuous rock chip sample across an oxidized sulfide zone in 2009 yielded 9.4 g/T gold over 3 metres. A nearby grab sample of un-oxidized altered Quartz Feldspar Porphyry (QFP) dyke devoid of sulfides contained 24.3 g/T gold.
The oxidized sulfide zone, has been observed over a length exceeding 100 metres and up to 3 to 8 metres wide, increasing up to 20 metres wide locally. The gold bearing QFP dyke is part of a larger QFP dyke swarm that extends laterally tens of metres beyond the oxide zone. The discovery of gold in both the surrounding QFP and the oxide zone significantly increases the potential strike, width and grade of the HI-1 Gold prospect.
HI-2 Gold Prospect was identified by regional prospecting. Grab samples from an iron formation with highly anomalous gold content include 3 samples greater than 0.5g/T, including one sample with 1.2 g/T gold. The iron formation was traced by helicopter prospecting and sampling for more than 6.5 kilometres and based on interpretation of airborne magnetics may extend for 13 to 18 kilometres in strike length. The iron formation measures 1 to 5 metres, wide and in areas of intense folding up to 25 metres wide. HI-2 is only 5 kilometres from tide water and 25 kilometres from HI-1.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project.
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
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EnergyGuy62 EnergyGuy62 14 years ago
It will be interesting to learn how much money MMG will spend exploring Diamonds North nickel/copper/cobalt property at Amaruk in Nunuvut Canada. They were thinking about spending $2,000,000 the first year of their 3 year earn-in $6,000,000 total cost JV.
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Plans Mini Bulk Sample of Beluga-3 Kimberlite

VANCOUVER, April 16th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces plans to collect a bulk sample from the Beluga-3 kimberlite located on its 100% owned Amaruk property in the Pelly Bay Diamond District of Nunavut.
The collection of a 25 to 50 tonne bulk sample of Beluga-3 is planned to test for larger diamonds. The 2009 mini-bulk sample of Beluga-3 demonstrated larger diamond potential giving the Company confidence to proceed with this 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 between 0.2 to 0.25 carats.
A comparison of garnet chemistry from the Beluga-3 kimberlite and surrounding till samples suggests that a high chrome garnet population observed in the till was not recovered in the DMS concentrate in last years sample of the Beluga-3 kimberlite. This may suggest that other high priority kimberlites occur in the immediate area or there is another phase of kimberlite present in Beluga-3 that has not yet been sampled. Additional exploration drilling is planned around Beluga-3 to test for other nearby kimberlites or other phases of kimberlite within Beluga-3.
Diamonds North will be using a low cost, light weight bulk sampling drill that utilizes reverse circulation without percussion to reduce and or eliminate significant diamond breakage. Estimated collection cost with this drill, that the Company jointly owns, is $20 per kilogram in contrast with core drilling which is approximately $150 per kilogram.
In addition to the bulk sample the Company will continue to better define new kimberlite targets for drilling.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous.
Diamonds North continues to refine kimberlite targeting methods and hundreds of anomalies still require testing. A diamond stability field beneath Amaruk compares favourably with the diamond stability field beneath the Lac de Gras kimberlite field which hosts both the Ekati and Diavik Diamond Mines.
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. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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
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EnergyGuy62 EnergyGuy62 14 years ago
I found out today from I.R. man Troy that there is a drill at the Amaruk base camp ready to use. Also, the all-year tents have been dug out of the snow. Furhermore, Troy believes that in April DDN will announce their plans for the upcoming Summer drill campaigns involving 3 different targets...nickel, gold and diamonds.
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Signs Letter of Intent With MMG on Amaruk Nickel
7:01 AM ET, March 9, 2010
VANCOUVER, BRITISH COLUMBIA, Mar 09, 2010 (MARKETWIRE via COMTEX) -- Diamonds North Resources Ltd. (DDN) announces that it has signed a Letter of Intent with Minerals and Metals Group ("MMG") whereby MMG may earn 75% of the Nickel and other base metals on the Amaruk Property in Nunavut, Canada, by spending C$6,000,000 and completing a pre-feasibility study on any base metal deposit that might be identified on Amaruk.
The projected budget for 2010 is estimated between C$2 to $2.5 million. MMG and Diamonds North plan to mobilize crews into the Amaruk camp mid-March, 2010. Included in this year's exploration plan is:
--  A +40 kilometre Crone pulse EM survey over the Tunerq prospect
--  Up to 1500 metres of NQ core drilling
--  Regional prospecting to identify additional mafic and ultra-mafic bodies
--  Detailed mapping of other mafic and ultra-mafic bodies across the
    property
 
"Nickel exploration by Diamonds North has demonstrated Amaruk as a significant early stage nickel discovery with district potential. We are very excited to continue advancing this extensive project in partnership with MMG as they bring nickel expertise, financial strength and a strong commitment to developing mining projects in Nunavut," says Mark Kolebaba President and CEO of Diamonds North.
MMG is an Australian headquartered major producer of zinc, copper, lead, gold and silver through its operations in Australia and South-East Asia. MMG has an international portfolio of exploration and development opportunities, including the High Lake and Izok Lake deposits in Nunavut, Canada. MMG has shown interest in the Amaruk nickel project since the announcement of Tunerq.
Drilling of the Tunerq nickel prospect by Diamonds North intersected Ni-Cu sulfides yielding 2.49% Ni, 0.56% Cu and 0.05% Co over a 9.1 metre zone within a 34.6 metre zone containing 1.05% Ni, 0.26% Cu and 0.02% Co (see News Release NR08-22, dated June 13th, 2008). In addition to Tunerq, more than 30 ultramafic and mafic targets have been identified on the property. The abundance of mafic and ultramafic intrusive bodies on Amaruk and the nickel grades of Tunerq demonstrate Amaruk as a prime target area for nickel exploration.
Details of the material terms of the Letter of Intent.
In order for MMG to earn a seventy-five (75%) per cent interest in the nickel and base metals on the Property, MMG must:
1.  incur C$6,000,000 in expenditures on the Property within 4 years of
    signing the formal agreement. MMG shall incur no less than C$750,000 per
    year until the C$6,000,000 threshold is reached. Exploration costs in
    excess of minimum obligations incurred in any year may be carried over
    to subsequent years.
2.  complete and deliver to DDN, a Scoping Study and a Pre-Feasibility Study
    on one project area within the Property within ten (10) years of
    execution of the Formal Agreement.
 
Until earn-in conditions are satisfied, MMG shall have exploration expense obligations of at least C$750,000 per year for years 5 through 8 and C$1,000,000 during years 9 and 10 on the Property to maintain its right to earn the MMG Mineral Interest:
At any time during years 5 through 8 MMG shall have the option, at its sole discretion, to suspend, on a one time basis only, exploration expenditures for a particular year as long as the minimum expenditures are met to maintain claims in good standing.
In the event that DDN dilutes to 10% or less, such interest shall convert to a 2% NSR where 1/2 of the NSR may be purchased for $500,000.
MMG and DDN have 45 days to complete a formal agreement.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project.
About Diamonds North
Diamonds North uniquely maximizes value through innovative & cost effective exploration methods, plus leveraging commodity and business opportunities derived from its vast land holdings in Canada's under explored north.
About MMG
MMG owns and operates a portfolio of base metal mining operations, development projects and exploration fields. The group is a substantial producer of zinc, copper, lead, gold and silver with mining operations located in Australia and Asia and a large portfolio of advanced and early stage exploration projects through Australia, Asia and North America. Current mining operations include the Century, Golden Grove and Rosebery mines in Australia and the Sepon mine in Laos, South-East Asia.
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.
Nancy Curry
VP Corporate Communications
(604) 689-2010
(604) 484-7143 (FAX)
info@diamondsnorth.com
www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
DIAMONDS NORTH Signs LOI With MMG On Amaruk Nickel___

VANCOUVER, March 9th, 2010 - Diamonds North Resources Ltd. (TSX-V: DDN) announces that it has signed a Letter of Intent with Minerals and Metals Group ("MMG") whereby MMG may earn 75% of the Nickel and other base metals on the Amaruk Property in Nunavut, Canada, by spending C$6,000,000 and completing a pre-feasibility study on any base metal deposit that might be identified on Amaruk.
The projected budget for 2010 is estimated between C$2 to $2.5 million. MMG and Diamonds North plan to mobilize crews into the Amaruk camp
mid-March, 2010. Included in this year's exploration plan is; "Nickel exploration by Diamonds North has demonstrated Amaruk as a significant early stage nickel discovery with district potential. We are very excited to continue advancing this extensive project in partnership with MMG as they bring nickel expertise, financial strength and a strong commitment to developing mining projects in Nunavut" says Mark Kolebaba President and CEO of Diamonds North.
MMG is an Australian headquartered major producer of zinc, copper, lead, gold and silver through its operations in Australia and South-East Asia. MMG has an international portfolio of exploration and development opportunities, including the High Lake and Izok Lake deposits in Nunavut, Canada. MMG has shown interest in the Amaruk nickel project since the announcement of Tunerq.
Drilling of the Tunerq nickel prospect by Diamonds North intersected Ni-Cu sulfides yielding 2.49% Ni, 0.56% Cu and 0.05% Co over a 9.1 metre zone within a 34.6 metre zone containing 1.05% Ni, 0.26% Cu and 0.02% Co (see News Release NR08-22, dated June 13th, 2008). In addition to Tunerq, more than 30 ultramafic and mafic targets have been identified on the property. The abundance of mafic and ultramafic intrusive bodies on Amaruk and the nickel grades of Tunerq demonstrate Amaruk as a prime target area for nickel exploration.
Details of the material terms of the Letter of Intent.
In order for MMG to earn a seventy-five (75%) per cent interest in the nickel and base metals on the Property, MMG must: Until earn-in conditions are satisfied, MMG shall have exploration expense obligations of at least C$750,000 per year for years 5 through 8 and C$1,000,000 during years 9 and 10 on the Property to maintain its right to earn the MMG Mineral Interest:
At any time during years 5 through 8 MMG shall have the option, at its sole discretion, to suspend, on a one time basis only, exploration expenditures for a particular year as long as the minimum expenditures are met to maintain claims in good standing.
In the event that DDN dilutes to 10% or less, such interest shall convert to a 2% NSR where half of the NSR may be purchased for $500,000.
MMG and DDN have 45 days to complete a formal agreement.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project.
About Diamonds North
Diamonds North uniquely maximizes value through innovative & cost effective exploration methods, plus leveraging commodity and business opportunities derived from its vast land holdings in Canada's under explored north.
About MMG
MMG owns and operates a portfolio of base metal mining operations, development projects and exploration fields. The group is a substantial producer of zinc, copper, lead, gold and silver with mining operations located in Australia and Asia and a large portfolio of advanced and early stage exploration projects through Australia, Asia and North America. Current mining operations include the Century, Golden Grove and Rosebery mines in Australia and the Sepon mine in Laos, South-East Asia.
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
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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Presenting at the 2010 PDAC on Innovative Exploration Approach
10:00 AM ET, March 5, 2010
VANCOUVER, BRITISH COLUMBIA, Mar 05, 2010 (MARKETWIRE via COMTEX) -- Diamonds North Resources Ltd. (DDN) announces that Mr. Mark Kolebaba, President & CEO of Diamonds North Resources Ltd., will be giving a corporate presentation at the Prospectors and Developers Association of Canada International Convention on Tuesday March 9th, 2010. The presentation will focus on Diamonds North's highly innovative exploration approach that enables the Company to explore faster & cost-effectively in challenging economic times.
The Conference is being held at the Metro Toronto Convention Centre, South Building on March 7th to the 10th and the Company will be exhibiting in Booth 2322. Mr. Kolebaba's presentation will take place at 3:00pm EST in Room 803AB. A copy of the presentation will be made available online at www.diamondsnorth.com.
About Diamonds North
Diamonds North uniquely maximizes value through innovative & cost effective exploration methods, plus leveraging commodity & business opportunities derived from its vast land holdings in Canada's under explored north.
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.
Nancy Curry
VP Corporate Communications
(604) 689-2010
(604) 484-7143 (FAX)
info@diamondsnorth.com
www.diamondsnorth.com
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EnergyGuy62 EnergyGuy62 14 years ago
VANCOUVER, March 4th, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces high grade copper, silver, and bismuth assays from recently discovered showings on its Hepburn copper-silver project located in the Northwest Territories. Grab samples have returned up to 19.8 % copper, 123.0 grams per tonne silver, 0.20% uranium and 0.17% bismuth.
These showings are located along the southern margin of a geophysical anomaly defined by a 3.5 kilometre by 1.5 kilometre magnetic high and semi-coincident radiometric anomaly (uranium, potassium and thorium) detected by airborne surveying. Grab samples from the area are shown in the table below. Anomalous gold values ranging from 72 ppb to 258 ppb suggest the system is gold bearing.
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Sample ? Copper ? Silver ? Bismuth ? U ? ? ? ? Au
??????????(%) ? ? (g/T) ? ? (%) ? ? (%) ? ? ? (ppb)
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1 ? ? ? ? 19.8 ? ? 72 ? ? ? 0.17 ? 0.003 ? ? ? 72
2 ? ? ? ? 7.6 ? ? 32.5 ? ? 0.124 ? n/a ? ? ? 216
3 ? ? ? ? 5.8 ? ? 31.1 ? ? 0.04 ? 0.009 ? ? 150
4 ? ? ? ? 4.12 ? ? 123 ? ? 0.03 ? ? 0.03 ? ? 258
5 ? ? ? ? 0.14 ? ? 4.2 ? ? n/a ? ? 0.2 ? ? ? 2
----------------------------------------------
"With minimal cost we have identified a large area with numerous high grade copper, silver and bismuth showings, suggesting a significant mineralized system exists on the Hepburn project. Now, our exploration objective is to delineate areas with potential for large deposits" says Mark Kolebaba, President & CEO of Diamonds North.
Trench sampling on the north flank of this geophysical anomaly returned values of up to 2.9% copper and 218.5 grams per tonne silver over three metres (News Release NR09-08, dated May 21st, 2009).
The mineralization occurs in breccias, vein stockworks and faults. Alteration minerals include potassium feldspar, hematite, magnetite, carbonate, actinolite, chlorite, epidote, quartz, sericite and albite. Important pathfinder elements for iron-oxide deposits such as cerium, lanthanum, flourite and barium are elevated in many rock samples collected by Diamonds North.
The next exploration program for the Hepburn copper-silver project will entail ground geophysics, soil sampling and detailed mapping designed to delineate areas of mineralization for drilling.
The Hepburn project is 100% owned by Diamonds North Resources with the exception of the uranium rights that are held by Uranium North Resources Corporation in accordance with a plan of arrangement agreement signed in 2006.
Graham Gill (P. Geo) is Diamonds North's qualified person reviewing this project. Mr. Gill is responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results. All assay results are provided by Saskatchewan Research Council Laboratory.
About Diamonds North
Diamonds North uniquely maximizes value through innovative & cost effective exploration methods, plus leveraging commodity & business opportunities derived from its vast land holdings in Canada's under explored north.
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
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EnergyGuy62 EnergyGuy62 14 years ago
I gave DDN'S President, Mark Kolebaba the name and phone number of a nickel exploration company...in regards to being a possible JV partner for DDN's Tunerq nickel discovery. He took down the info and then told me that he is still going after a major company to JV Tunerq. I hope he is successful with signing a major, but the company I gave him is a high quality Junior nickel company. Well, whatever...the Force be with us. :)
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EnergyGuy62 EnergyGuy62 14 years ago
I talked with Nancy C. today. She indicated that the company will have allocation-of-funds news by end of month. Meaning what % of funds will be used for gold and what % for diamonds. She said that gold will receive much more attention than in past and that PB1 gold target will definately be drilled. I'm very happy about that.
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EnergyGuy62 EnergyGuy62 14 years ago



Diamonds North Discovers New Source of Gold on Amaruk

VANCOUVER, January 17th, 2010 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces the discovery of a gold bearing iron formation on its 100% owned Amaruk property located in Nunavut. Initial regional prospecting returned grab samples with over 0.5 gram per tonne (g/T) gold including a sample yielding 1.2 g/T gold.
The sub-vertical sulfide rich iron formation was traced over more than 6.5 kilometres and measures 1 to 5 metres, wide and in areas of intense folding up to 25 metres wide. Pyrrhotite, pyrite and chalcopyrite occurs as disseminated and in semi-massive concentrations up to 50%. Several of the samples collected also returned anomalous copper up to 0.26%, nickel up to 0.11%, zinc up to 0.14% and silver up to 3.3 g/T.
"For a small investment of time and exploration funds, we have discovered a large number of gold prospects over a vast area. We have identified gold associated with shear zones, quartz feldspar porphyries and now iron formation. In 2010, we anticipate a considerable budget and program, which I believe will significantly advance several of the existing prospects and result in new discoveries" says Mark Kolebaba, President and CEO of the Company.
The iron formation is semi-coincident with three limbs of an apparent large regional fold that extends for more than 13 kilometres as interpreted from airborne magnetic data. Iron formation was reported on the third limb of this apparent fold by mapping and has not yet been prospected.
This new gold discovery, PB5, adds significant potential to the Amaruk project and further demonstrates this area as a new gold district. PB5 is 25 kilometres from the PB1 gold prospect that yielded up to 24.2 g/T gold and is in addition to the other 21 gold prospects already reported (see News Release NR 09-16, October 29th, 2009).
PB5 is only 5 kilometres from tide water which could provide future infrastructure benefits for the project area. Follow-up work is being planned for PB5 in 2010. Work will include geological mapping, detailed geophysics, prospecting and detailed channel sampling in preparation for drilling. The third limb of the large fold structure will be prospected to determine the extent of the iron formation.
Three of eleven grab samples collected from the iron formation returned gold values greater than 0.5 g/T; 6 returned gold values greater than 100 ppb.
Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results. All assay results are provided by ALS Chemex.
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
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




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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Exhibiting at 2010 Vancouver Resource Investment Conference....for more info, call Nancy Curry or Troy at (604)-689-2010.
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EnergyGuy62 EnergyGuy62 14 years ago
Whirly, I will send you a personal message on next Friday January 8th 2010 about my views about Arctic Star. Why a personal message? This is a Diamonds North Board NOT an Arctic Star Board. I'm a polite guy so I'm willing to do that for you in the interest of helping newbies...if you are a newbie.



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whirly whirly 14 years ago
Do any of you guys follow Arctic Star Diamon corp? I'm not much into diamon companies but I notice this one is getting some volume and I can't figure out why.
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EnergyGuy62 EnergyGuy62 14 years ago
January will be a busy month of planning for Diamonds North.

Thanks to the remarkable new drill they helped to develop, they have a lot more options. They could do a bigger bulk sample of Beluga 3 and several new kimberlites with a medium sized gold drilling program. Or just do a bigger bulk sampe on Beluga 3 and a bigger god drilling program. Or some other variation.

The prime factor is cost. Diamonds North has dramatically lowered its drilling costs switching from diamond drilling to RC percussion (water-powered) and now from RC percussion to RC air-powered non-pecussion.

I feel very excited about their gold prospects considering their chip samples were quite long and assayed a relatively high grade (9 grams per ton to 24 grams per ton) of gold.





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EnergyGuy62 EnergyGuy62 14 years ago
Diamonds North Discovers Bigger Stones from Beluga-3

VANCOUVER, December 1st, 2009 - Diamonds North Resources Ltd. (TSX-V: DDN) announces the recovery of larger stones from the Beluga-3 kimberlite on its 100% owned Amaruk Property located in Nunavut, Canada. A 6.7 tonne sample collected by reverse circulation drilling and processed by dense media separation yielded a total of 126 diamonds above the 0.5 mm mesh including 9 stones on the 1.18 mm mesh and 1 stone on the 1.70 mm mesh.
The diamond recovered from the 1.70 mm mesh measures 2.6 mm x 2.0 mm x 1.0 mm and is a fragment with an estimated 60% loss. In addition, 5 of the 9 diamonds on the 1.18 mm screen are fragments with varying characteristics (4 of the stones show an estimated 60% loss). A high proportion of the diamonds recovered are white, clear octahedrons (see photos at http://www.diamondsnorthresources.com/flickrgallery/ ).

"The recovery of a diamond fragment on the 1.70 mm screen from a small sample is what we needed to see from Beluga-3. This result not only validates our new targeting strategy of testing kimberlite with a subtle magnetic signature but provides a new kimberlite body requiring a larger bulk sample" says Mark Kolebaba, President & CEO of Diamonds North.
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Kimberlite ? Weight(t) ? TOTAL ? 0.50mm ? 0.60mm ? 0.85mm ? 1.18mm ? 1.70mm
----------------------------------------------
Beluga 3 ? ? 6.7 ? ? ? ? 126 ? ? 12 ? ? ? 67 ? ? ? 37 ? ? ? 9 ? ? ? 1
----------------------------------------------

The sample was designed to test Beluga-3 for larger stones before committing to a more costly bulk sample.

The collection cost using the reverse circulation drill was less than $200,000 compared to the use of a core drill which would have cost approximately $1,000,000. The recovery of a diamond on the 1.70mm screen warrants the collection of a larger sample.

The Company has successfully joint funded the development of a low cost, light weight bulk sampling drill that utilizes reverse circulation without percussion to reduce and or eliminate diamond breakage. Plans to mobilize the drill to Amaruk are being considered. Estimated collection cost with this drill rig is $10 per kilogram in contrast with core drilling which is approximately $150 per kilogram.

An 851 kilogram Kanguq kimberlite sample was also processed by dense media separation. No diamonds above the 0.5 mm mesh were recovered. It is important to note that while Kanguq kimberlite does not warrant further work, it represents a new kimberlite cluster on the property.

Drill chips were logged in secure facilities at the Amaruk field camp by geoscientists. Samples were sealed with security tags and shipped to Saskatchewan Research Council Laboratory (SRC) for processing by dense media separation. 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.

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

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
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kiwisteve kiwisteve 14 years ago
Chart - Getting some nice attention:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43829281 - thanks to RedStick



kiwi
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EnergyGuy62 EnergyGuy62 15 years ago
Diamonds North Expands Gold Targets On Amaruk

VANCOUVER, October 29th, 2009 - Diamonds North Resources Ltd. (TSX-V: DDN) announces the discovery of 21 additional gold target areas on its 100% owned Amaruk property in Nunavut. These areas are in addition to the recently announced PB1 gold prospect where a continuous rock chip sample yielded 9.4 g/T gold over 3 metres and a nearby grab sample contained 24 g/T gold (see news release NR09-15, October 19th, 2009).

First pass regional prospecting of an 80 x 80 kilometre area on Amaruk has identified numerous gold occurrences predominantly in the central part of the Amaruk property:
1. 3 regions with assays greater than 1.0 g/T gold

2. 7 regions with samples yielding 100 ppb to 1.0 g/T gold
3. 11 regions with elevated gold between 20 and 100 ppb

Each of these gold target areas are discrete and represent an exploration target area in the order of about 5 x 5 kilometres. All regions are within 50 kilometres of the coast.

"These are extraordinary results for first pass prospecting in such a large region never previously explored for gold. Based on the abundance of gold grains in till samples, the gold results at the PB1 prospect and the extent of areas with gold mineralization, I believe that we have just scratched the surface of a new gold district.

The Company has begun planning for an extensive gold exploration program on Amaruk to coincide with our diamond program" says Mark Kolebaba, President & CEO of Diamonds North.

Prospecting was conducted in areas with abundant gold grains in till samples (see news release NR09-11, July 14th, 2009). A total of 207 rock samples were collected. These initial results outline 21 areas requiring immediate follow up prospecting and sampling prior to drilling.

This is encouraging due to the fact that in most cases, only one day of prospecting along a single traverse by a two person prospecting team was conducted at each site with the objective of identifying bedrock sources. Bedrock gold sources have not yet been identified at some of the most significant gold in till anomalies on the property.

The Company has also identified additional regions with anomalous gold in till samples that have not yet been prospected.

As part of the prospecting program, previous holes drilled by the Company on the property that intersected sulfide bearing rocks rather than kimberlite have been analyzed. Drill hole GA-5 (now named PB2) which contained gold is described below. Fifteen additional drill holes with sulfides will be reviewed for gold potential.

Geological site descriptions for regions with samples yielding greater than 1.0 g/T gold are provided below.

PB2

Rock samples with sulfides from a reverse circulation drill hole targeting kimberlite yielded 1.4 g/T and 1.0 g/T gold over 2 separate 1.5 metre intervals. Ten additional 1.5 metre samples from the drill hole have been submitted for assay. All samples contain sulfide minerals.
A small gold in till anomaly occurs down-ice of the drill hole, however, a much larger gold in till anomaly occurs 2 kilometres up-ice.

Based on the glacial ice flow direction and the location of the drill hole in relation to the main till anomaly, much more gold mineralization is expected immediately up-ice of PB2.

PB3

At PB3, four grab samples were collected from rusty gossan zones in probable metasedimentary rocks. Sulfides including pyrite and chalcopyrite were observed. The best assays contain 1.2 g/T and 0.6 g/T gold and up to 49.5 g/T silver. Base metal values are elevated (0.14% Cu, 0.57% Pb and 0.29% Zn). Similar gossan zones were observed over an area spanning about 1 kilometre.

PB4

At PB4, abundant sulfide bearing angular boulders were identified over an area spanning approximately 1 kilometre. The source of the boulders appears to be the contact of a quartz diorite pluton intruding metasedimentary rocks. A total of five samples were collected for assay. Sample 24236 which is the closest sample to the quartz diorite contact yielded 1.0 g/T gold.

Planning is underway for an extensive gold exploration program to begin in the first quarter of 2010. The PB1 Gold prospect is considered high priority for drilling and plans for the other 21 gold prospects include detailed mapping and prospecting in preparation for drilling. Plus additional prospecting will be conducted on other unexplored till anomalies.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results. All assay results are provided by ALS Chemex.

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

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

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EnergyGuy62 EnergyGuy62 15 years ago

      Diamonds North reports 9.4g/T and 24 g/T Gold on Amaruk
==============================================
VANCOUVER, October 19th, 2009 -- Diamonds North Resources Ltd. (TSX-V: DDN) announces high grade gold assay results from its PB1 Gold prospect on its 100% owned Amaruk property in Nunavut. A continuous rock chip sample across an oxidized sulfide zone yielded 9.4 g/T gold over 3 metres.

A nearby grab sample of un-oxidized altered Quartz Feldspar Porphyry (QFP) devoid of sulfides contained 24 g/T gold. These samples are follow-up to a 5.8 g/T gold grab sample from the oxide zone reported on May 11, 2009.

The oxidized sulfide zone, which was the target for gold exploration has been observed over a length exceeding 100 metres and 3 to 8 metres wide, increasing up to 20 metres wide locally. The gold bearing QFP, which was not the original target, extends laterally tens of metres beyond the oxide zone. The full extent of the QFP is not yet known. The discovery of gold in both the surrounding QFP and the oxide zone significantly increases the potential strike, width and grade of the PB1 Gold prospect.

"In addition to our diamond discoveries, shareholders now own 100% of this gold prospect. Our 2009 program has demonstrated grade and size potential of the PB1 Gold prospect. This is a significant drill target to kick-off a major gold exploration campaign at Amaruk" says Mark Kolebaba, president and CEO of the Company.

The PB1 Gold prospect is considered high priority for drilling. Planning is underway for an exploration program to begin in the first quarter of 2010.

The PB1 Gold prospect is located along a 40 kilometre long structure and is less than 10 kilometres from the coast.

Two additional chip samples within the oxidized zones collected 15 metres east and 30 metres west of the 9.4 g/T sample returned 2.7 g/T over 3 metres and 1.3 g/T over 6 metres respectively. All assays have been rechecked by a second laboratory and all variances fall within acceptable levels.

Coarse gold is suspected as gravimetric assay methods on the grab sample returned 24.3 g/T against 18.1 g/T using normal fire assay techniques.

Gold mineralization occurs in highly deformed metasedimetary rocks intruded by a stockwork of QFP dykes. Detailed examination of the QFP sample shows epidote, potassic and silica alteration. QFP's are associated with gold deposits in many settings. The extent of the QFP stockwork, a possible primary source for the gold, is not yet known.

Based on the abundance of gold grains recovered from glacial till samples spanning an area more than 100 kilometres long, numerous bedrock sources are expected at Amaruk.

This is the first confirmed bedrock gold source discovered in an area never previously explored for gold. Additional rock assay results from other areas with anomalous gold in till across Amaruk are pending.

Diamond Update

The Company has collected a 6780 kilograms bulk sample of kimberlite from the Beluga-3 pipe by drilling on its 100% owned Amaruk property, located in the Pelly Bay Diamond District of Nunavut (see news release NR09-14, October 1st, 2009). Diamond processing of this sample by dense media separation (DMS) is underway. Initial Beluga-3 results returned coarse diamonds including coarse diamond fragments (see news release NR09-05, April 29th, 2009).

In addition, a total of 868 kilograms of the newly discovered Kanguq kimberlite was collected from one vertical drill hole for DMS processing. The Kanguq kimberlite is located approximately 10 kilometres north of Beluga--3 and appears to represent a new kimberlite cluster on the Amaruk property.

A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Diamonds North continues to refine how targets are defined and to date, hundreds of anomalies still require testing.

Graham Gill (P. Geo) is Diamonds North's qualified person reviewing the PB1 Gold prospect. He is responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.

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

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





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EnergyGuy62 EnergyGuy62 15 years ago
Re:   News Release 2009 - Monday, October 19, 2009
      Diamonds North reports 9.4g/T and 24 g/T Gold on Amaruk
==============================================
VANCOUVER, October 19th, 2009 -- Diamonds North Resources Ltd.

(TSX-V: DDN) announces high grade gold assay results from its PB1 Gold prospect on its 100% owned Amaruk property in Nunavut. A continuous rock chip sample across an oxidized sulfide zone yielded 9.4 g/T gold over 3 metres. A nearby grab sample of un-oxidized altered Quartz Feldspar Porphyry (QFP) devoid of sulfides contained 24 g/T gold.

These samples are follow-up to a 5.8 g/T gold grab sample from the oxide zone reported on May 11, 2009.

The oxidized sulfide zone, which was the target for gold exploration has been observed over a length exceeding 100 metres and 3 to 8 metres wide, increasing up to 20 metres wide locally.

The gold bearing QFP, which was not the original target, extends laterally tens of metres beyond the oxide zone. The full extent of the QFP is not yet known. The discovery of gold in both the surrounding QFP and the oxide zone significantly increases the potential strike, width and grade of the PB1 Gold prospect.

"In addition to our diamond discoveries, shareholders now own 100% of this gold prospect. Our 2009 program has demonstrated grade and size potential of the PB1 Gold prospect. This is a significant drill target to kick-off a major gold exploration campaign at Amaruk" says Mark Kolebaba, president and CEO of the Company.

The PB1 Gold prospect is considered high priority for drilling. Planning is underway for an exploration program to begin in the first quarter of 2010.

The PB1 Gold prospect is located along a 40 kilometre long structure and is less than 10 kilometres from the coast.

Two additional chip samples within the oxidized zones collected 15 metres east and 30 metres west of the 9.4 g/T sample returned 2.7 g/T over 3 metres and 1.3 g/T over 6 metres respectively.

All assays have been rechecked by a second laboratory and all variances fall within acceptable levels. Coarse gold is suspected as gravimetric assay methods on the grab sample returned 24.3 g/T against 18.1 g/T using normal fire assay techniques.

Gold mineralization occurs in highly deformed metasedimetary rocks intruded by a stockwork of QFP dykes. Detailed examination of the QFP sample shows epidote, potassic and silica alteration. QFP's are associated with gold deposits in many settings. The extent of the QFP stockwork, a possible primary source for the gold, is not yet known.

Based on the abundance of gold grains recovered from glacial till samples spanning an area more than 100 kilometres long, numerous bedrock sources are expected at Amaruk. This is the first confirmed bedrock gold source discovered in an area never previously explored for gold. Additional rock assay results from other areas with anomalous gold in till across Amaruk are pending.

Diamond Update

The Company has collected a 6780 kilograms bulk sample of kimberlite from the Beluga-3 pipe by drilling on its 100% owned Amaruk property, located in the Pelly Bay Diamond District of Nunavut (see news release NR09-14, October 1st, 2009).
Diamond processing of this sample by dense media separation (DMS) is underway. Initial Beluga-3 results returned coarse diamonds including coarse diamond fragments (see news release NR09-05, April 29th, 2009).

In addition, a total of 868 kilograms of the newly discovered Kanguq kimberlite was collected from one vertical drill hole for DMS processing. The Kanguq kimberlite is located approximately 10 kilometres north of Beluga--3 and appears to represent a new kimberlite cluster on the Amaruk property.

A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous. Diamonds North continues to refine how targets are defined and to date, hundreds of anomalies still require testing.

Graham Gill (P. Geo) is Diamonds North's qualified person reviewing the PB1 Gold prospect. He is responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.
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

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






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EnergyGuy62 EnergyGuy62 15 years ago
DDN Update on Drilling for Diamonds and Gold/Nickel Prospecting

VANCOUVER, October 1st, 2009 - Diamonds North Resources Ltd. (TSX-V: DDN) provides an update on its 2009 diamond exploration program on the 100% owned Amaruk property, located in the Pelly Bay Diamond District of Nunavut. The Company has collected 6780 kilograms of kimberlite from the Beluga-3 kimberlite pipe by drilling. Diamond processing of this sample by dense media separation (DMS) is underway. Initial Beluga-3 results returned coarse diamonds including coarse diamond fragments (see news release NR09-05, April 29th, 2009).

In addition, a total of eight geophysical targets were drill tested in 2009 resulting in the discovery of the Kanguq kimberlite. A total of 868 kilograms of Kanguq kimberlite was collected from one vertical drill hole for DMS processing. The Kanguq kimberlite is located approximately 10 kilometres north of Beluga--3 and appears to represent a new kimberlite cluster on the Amaruk property.

The 2009 focus on Amaruk was to identify priority target areas on the 1.4 million acre property. Based on considerable review of mineral chemistry and geophysical data, the Company has identified several new areas of high priority that will be the future focus on the property.
A total of 25 kimberlites have been discovered on the Amaruk property and 90% of the kimberlites processed for diamonds are proven to be diamondiferous.

Diamonds North continues to refine how targets are defined and to date, hundreds of anomalies still require testing. A diamond stability field more than 25 kilometres thick has been estimated below Amaruk. This is based on a calculated minimum pressure and estimated temperature of pyrope garnet grains recovered from till samples across the property.

This compares favourably with the diamond stability field beneath the Lac de Gras kimberlite field and reconfirms the potential for Amaruk.
Reverse-circulation drill cuttings were logged in secure facilities at the Amaruk field camp by geoscientists. Samples were securely sealed in solid containers and have been received at Saskatchewan Research Council (SRC) in Saskatoon for processing.

Gold and Nickel

As part of the company's strategy to attain value for other commodity potential on its large land package, Diamonds North collected over 200 rock samples as a result of prospecting. Limited first pass prospecting was conducted around a gold occurrence where a grab sample yielded 5.8 g/T gold and around more than 20 gold-in-till anomalies (see news release NR09-11, July 14, 2009 & NR09-07, May 11th, 2009).

In addition, 10 mafic and ultramafic occurrences on Amaruk were visited to test for additional nickel mineralization on the property. Complete assays for the samples are pending.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing this project. They are responsible for the design and conduct of exploration programs and the verification and quality assurance of analytical results.

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

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





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