Field Assessment of Nickel Targets on Diamonds North's Amaruk Property
August 12 2011 - 10:20AM
Marketwired
Diamonds North Resources Ltd. (TSX VENTURE: DDN) reports that
Minerals and Metals Group (MMG) has informed the Company that they
have mobilized a field crew to conduct lake-bottom sediment
sampling to follow-up on preliminary EM anomalies identified from
the survey recently completed on the Amaruk nickel project in
Nunavut (see news release July 14, 2010). To view a presentation on
the nickel potential at Amaruk visit our website
www.diamondsnorth.com.
MMG is project operator and is fully funding the nickel
exploration program at Amaruk. Nickel potential of the property is
demonstrated by a drill hole that intersected 2.49% nickel over 9
metres 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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