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Feb 15, 2007 : New Diamond Discoveries on Amaruk more...
Jan 10, 2007 : Diamonds North and Majescor Identify High Priority Drill Targets on Ba... more...
Jan 08, 2007 : Amaruk Project Update Diamond Results Pending for Five Kimberlites - P... more...
Dec 04, 2006 : Uranium North Set To Close Financing And Commence To Trade more...
Nov 16, 2006 : Diamonds North Announces Closing of $7 Million Private Placement more...
Oct 26, 2006 : $6 Million "Bought Deal" Financing more...
Oct 12, 2006 : Diamonds North and Arctic Star to Explore in Canada's Newest Kimberlit... more...
Oct 05, 2006 : 19 New Kimberlite Float Occurrences on Amaruk Further Demonstrates the... more...
Sep 27, 2006 : Drill Targets Identified on the Ualliq property more...
Sep 20, 2006 : Diamonds North Increases Kimberlite Tally to Five Demonstrating Amaruk... more...
Aug 23, 2006 : Target Testing Underway at Amaruk -- New Kimberlite Discovered more...
Aug 15, 2006 : Shear Minerals and Diamonds North to Explore the Sakari property more...
Aug 02, 2006 : Diamonds North and International Samuel to Explore the Ualliq property more...
Aug 01, 2006 : Diamonds North Closes Plan of Arrangement for Shareholders to Receive ... more...
Jul 19, 2006 : Diamonds North sets Effective Date for Shareholders to Receive Uranium... more...
Jul 17, 2006 : Pathfinder Starts Major Airborne Geophysical Survey at Thelon Basin Ur... more...
Jul 14, 2006 : Diamonds North Grants Options more...
Jul 13, 2006 : Diamonds North To Drill The Amaruk Project more...
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2006 | 2005 | 2004 | 2003 | 2002
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Mon Jun 16, 2003
Drilling On Victoria Island Starts With Wellington Project
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#03-22
Vancouver, BC -- Diamonds North Resources Ltd. (DDN -- TSX Venture) and Majescor Resources Inc. (MAJ -- TSX Venture) announce that the exploration drill program has commenced on the Wellington Project, Victoria Island, Nunavut. The targets chosen are on trend and have similar geophysical signatures to the diamondiferous kimberlite found on Diamonds North's Blue Ice Project's Galaxy Structure. The Galaxy Structure is a 20 kilometre trend of semi continuous kimberlite that to date has 9 separate kimberlite bodies 4 of which have anomalously high diamond counts.
The program will consist of a 500 metre drill program to test 4 to 5 targets that have been verified using ground geophysics. The airborne geophysical surveys flown in 2002 identified six pipe-like and six dyke-like anomalies which have magnetic signatures similar to known kimberlites on Victoria Island. The Wellington Project is located on the eastern border of Diamond North's Blue Ice Project. Majescor can earn a 50% interest in the Wellington Project by spending $2.25 million over three years and has approved a budget of at least $450,000 for the 2003 exploration program.
Any kimberlite core recovered will be split and submitted for diamond analysis. In addition, a heavy mineral till sampling program is planned to follow up on a number of kimberlitic pyrope, ilmenite and chromite grains located by a previous reconnaissance survey on the property.
On behalf of the Boards of Diamonds North Resources Ltd. and Majescor Resources Inc.
"Mark Kolebaba"
Mark Kolebaba
President
DIAMONDS NORTH RESOURCES LTD.
"Jacques Letendre"
Jacques Letendre
President
MAJESCOR RESOURCES INC.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release |
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