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Gold/Mining/Energy : Diamonds North Resources Ltd
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To: Rocket Red who wrote (113)3/4/2003 10:03:37 AM
From: kidl  Read Replies (1) of 334
 
Diamonds North to begin exploration on Misty Lake

Diamonds North Resources Ltd DDN
Shares issued 13,047,885 Mar 3 close $0.85
Tue 4 Mar 2003 News Release
Mr. Mark Kolebaba reports
DIAMONDS NORTH TO LEAD THE 2003 EXPLORATION PROGRAMS WITH MISTY LAKE Diamonds North Resources has planned an exploration program to begin by mid-March on the Misty Lake project in the Northwest Territories. The exploration program consists of testing four drill-ready targets, some of which have down-ice kimberlite indicator mineral support. In addition, plans include conducting ground geophysics over eight to 10 airborne anomalies in preparation for drilling. The project operator is SouthernEra Resources Ltd. The Misty Lake project comprises 71,000 acres of land located adjacent to the southwest border of the De Beers/Mountain Province Diamonds' advanced stage Kennady Lake project in the Northwest Territories. In addition to the Misty Lake project, exploration plans are being finalized and will be released shortly on Diamonds North's Gten project and the seven projects on Victoria Island, including the wholly owned Blue Ice
project, where several highly diamondiferous kimberlites have been
identified along a 20-kilometre semi-continuous trend named the Galaxy structure.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com
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