Diamonds North Nickel Airborne Survey Completed on Amaruk
29 July 2011 - 12:25AM
Marketwired
Diamonds North Resources Ltd. (TSX VENTURE: DDN) reports that the
Geotem airborne electro-magnetic survey targeting nickel on the
Amaruk-Tunerq Property in Nunavut has been complete. Processing and
interpretation of the data will commence immediately. To view a
presentation on the nickel potential at Amaruk visit our website
www.diamondsnorth.com.
"Amaruk has the potential to host a significant nickel deposit.
We are excited to receive the results from this survey to advance
the project to target testing," says Mark Kolebaba, President and
CEO of Diamonds North.
The 5,000 line kilometre Geotem Survey operated by Fugro is
funded by the Mineral and Metals Group (See news release July 14,
2011). The survey focused on known mafic-ultramafic bodies and
geochemical anomalies previously identified including the Tunerq
prospect. At Tunerq a drill hole intersected 2.49% nickel over a 9
metre interval within a 35 metre zone assaying 1% nickel (See news
release May 22, 2008).
Bruce Kienlen (P. Geol) and Graham Gill (P. Geo) will review the
base metal data from this project for Diamonds North.
About Diamonds North
Diamonds North Resources Ltd. is rapidly evolving and committed
to building long-term value for shareholders through ongoing
discoveries and leveraging business opportunities from our vast
land holding.
About MMG
MMG is owned by Minmetals Resources Limited (HKSE: 1208), an
international upstream base metals company. It is one of the
world's largest producers of zinc as well as a substantial producer
of copper, lead, gold and silver. Minmetals Resources Limited
currently has mining operations located in Australia and Asia and a
large portfolio of exploration and development projects in
Australia, Asia and North America. Its operations include the
Century mine in Queensland, Sepon copper and gold operations in
Laos, Golden Grove underground base and precious metals mine in
Western Australia and the polymetallic Rosebery mine in
Tasmania.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba, President & CEO
Statements in this press release, other than purely historical
information, including statements relating to the Company's future
plans and objectives or expected results, may include
forward-looking statements. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and
uncertainties inherent in resource exploration and development. As
a result, actual results may vary materially from those described
in the forward-looking statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Diamonds North Resources Ltd. Troy Shultz Corporate
Communications (604) 689-2010 (604) 484-7143 (FAX)
info@diamondsnorth.com www.diamondsnorth.com
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