King Eider Kimberlite Structure Increases To 25 Kilometres With New Kimberlite Discovery
VANCOUVER, September 5, 2003 -- Diamonds North Resources Ltd. announces that recent fieldwork along the King Eider kimberlite structure, on the 100% owned Hadley Bay Project, has extended the trend by 10 kilometres to total know length of 25 kilometres with the discovery of a new kimberlite dyke. In addition, several new pipe and dyke-like anomalies have been identified on this structure.
Helicopter magnetic surveying of the northwestern portion of this structure has identified a large magnetic anomaly measuring 1000 metres by 100 metres and two pipe-like anomalies measuring 150 to 200 metres in diameter. These anomalies are near the known Pintail and Jaeger kimberlites along the structure in this area.
Groundwork will commence immediately to detail the magnetic anomalies in preparation for drill testing before the end of the field season.
Airborne magnetic data collected in 2002 along the southeast extension of the diamondiferous King Eider kimberlite structure identified a 7-8 kilometre dyke-like magnetic anomaly. Prospecting along the magnetic anomaly has resulted in the discovery of two kimberlite exposures in two separate trenches one kilometre apart. Approximately 90 kg of disaggregated kimberlite was collected for diamond and indicator mineral analysis. Prospecting of this trend will continue.
The King Eider kimberlite structure on the Hadley Bay Project is located 20 kilometres north of the Blue Ice Project's Galaxy Structure on Victoria Island.
On behalf of Diamonds North Resources Ltd.
Mark Kolebaba
President
For further information, please contact:
Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone:
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Website: diamondsnorthresources.com
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