Mar 30 2004
Diamonds North Resources Ltd. has announced 2003 diamond results for the Blizzard and Jaeger kimberlites located along the King Eider kimberlite structure within the Hadley Bay project area. The Blizzard kimberlite was discovered in 2003 while the Jaeger kimberlite was outlined as a target during 2002 exploration. The following results are from the 2003 Hadley Bay exploration program that was funded solely by Diamonds North Resources Ltd. The Hadley Bay Project, along with the White Ice Project, has recently been optioned to Teck Cominco (see News Release March 24, 2004).
A large stone measuring 2.22mm x 2.17mm x 1.26mm, weighing 0.06273 carats, was recovered from a 120.22 kilogram sample from a trench at the newly discovered Blizzard 1 kimberlite. A total of thirteen diamonds were recovered from the sample, of which, 3 (23%) of the stones are macrodiamonds with at least one dimension measuring more than 0.5mm. A second smaller 66.32 kilogram sample from Blizzard 2, a trench located 1000 metres northwest of Blizzard 1, returned 3 diamonds including one stone that classifies as a macrodiamond.
At the Jaeger kimberlite, a total of 109 diamonds were recovered from a 174.74 kg composite sample of drill core collected from two holes (HB03-02 and HB03-03). Seven of the stones recovered (6%) are classified as macrodiamonds.