DDN Diamonds North Resources Ltd

Diamonds North Resources Ltd. (TSX VENTURE:DDN) has acquired 100% interest in
the Esker gold property in Nunavut. The Esker claim covers several kilometres of
gold bearing stratigraphy. Drill intercepts of gold mineralization are as high
as 8.2 g/T gold over 13 metres, including 17.7 g/T gold over 5.7 metres; and,
2.4 g/T gold over 71 metres which includes several high grade zones (see table
below). For a video presentation on this project visit our website
www.diamondsnorth.com.


"This low cost staking puts us into a project with wide zones of high grade gold
mineralization and significant tonnage potential. As only a small portion of the
zone has been tested, our objective is to drill along strike of the known
mineralization along the host gabbro units to expand the gold-bearing
mineralized zone," says Mark Kolebaba President and CEO of Diamonds North.


Historical drilling on the property identified gold mineralized veins with good
grade and width characteristics. The veins are hosted by linear gabbro units,
and surrounded by volcanic and sedimentary rocks.


Geology, structural observation and drill results suggest potential for
continuity and significant tonnage over more than 5 kilometres of folded gabbro
units within an area of 1300 x 600 metres.




Drill Intercept Highlights                    
-----------------------------------------------
Hole         Interval (m)  Length (m) Gold (g/T)
-----------------------------------------------
13    10.2 - 81.15             70.95       2.35
-----------------------------------------------
       Inc. 10.20 - 15.00       4.80      14.77
-----------------------------------------------
       Inc. 10.20 - 23.10      12.90       6.43
-----------------------------------------------
       Inc. 66.60 - 73.10       6.50       6.41
-----------------------------------------------
       Inc. 70.60 - 73.10       2.50      12.22
-----------------------------------------------
       Inc. 77.35 - 81.15       3.80       4.38
-----------------------------------------------
13    121.2 - 126.4             5.20       3.91
-----------------------------------------------
       Inc. 121.2 - 123.2       2.00       6.11
-----------------------------------------------
15    36.04 - 49.31            13.27       8.18
-----------------------------------------------
       Inc. 37.02 - 42.73       5.71      17.73
-----------------------------------------------
15    55.4 - 60.3               4.90       3.63
-----------------------------------------------
16    46.05 - 51.62             5.57       4.00
-----------------------------------------------
17    22.5 - 25.5               3.00       6.19
-----------------------------------------------
17    67.7 - 72.05              4.35       4.29
-----------------------------------------------
23    105.9 - 107.0             1.10       9.88
-----------------------------------------------
23    139.1 - 144.1             5.00       7.24
-----------------------------------------------
       Inc. 142.1 - 144.1       2.00      12.97
-----------------------------------------------
23    150.72 - 154.22           3.50       3.69
-----------------------------------------------
23    214.0- 215.0              1.00       6.79
-----------------------------------------------



Substantial gold was intersected in 13 of 18 drill holes. A full listing of the
historical drill results, a drill hole location map and an interpreted cross
section are posted on the Diamonds North website
www.diamondsnorthresources.com/s/esker.asp.


The key exploration objective will be to drill the known gold mineralization and
extend this significant gold vein system. The available drill core will be
re-logged and the area of interest will be mapped to determine structural
control of the gold mineralization in preparation for the drill program.


The Esker property is located less than 10 kilometres from the Henik Lake
airstrip. This property was staked by the Company as part of the overall
strategy to identify significant underexplored gold opportunities.


The historical work is from assessment reports and has not been verified by the
Company, however, it appears to have been completed under standard best
practices consistent with the time and appears to be of reasonable quality.
Bruce Kienlen (P. Geol) and Graham Gill (P. Geo) are Diamonds North's qualified
persons reviewing this project.


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.


Diamonds North will be Exhibiting (Booth # 505) at the World Resources
Investment Conference June 5-6th 2011 held at the Vancouver Convention Centre
East. For more information and to pre-register go to www.cambridgehouse.com.


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.

Grafico Azioni Diamonds North Resources Ltd (TSXV:DDN)
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Da Mag 2024 a Giu 2024

Grafico Azioni Diamonds North Resources Ltd (TSXV:DDN)
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Da Giu 2023 a Giu 2024