Frank:
So here's the Dianor PR on Leadbetter. I don't know enough about diamond stocks to be able to interpret this. Your thoughts would be much appreciated.
TIA,
Howy
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Leadbetter Property Results
16:12 EST Thursday, February 03, 2005
VAL-D'OR, Feb. 3 /CNW Telbec/ - Dianor Resources Inc. (DOR: TSX Venture Exchange) is pleased to announce the results of caustic fusion of a single bedrock sample for diamonds, collected by Dianor personal on the Leadbetter property (press releases December 16, 2004 and January 11, 2005). A total of 102 diamonds, having a combined weight of 0.019115 carats were recovered from the 27.05 Kg of bedrock. The material was randomly sampled from a freshly excavated bedrock pit. Dr. Allen Miller, Ottawa is currently evaluating the petrographic and mineralogical characteristics of the diamond bearing bedrock in order to identify the rock type (as stated in the press release from January 11, 2005).
Diamond results are as follows:
Kg +106 +150 +212 +300 +425 +600 Diamants
microns microns microns microns microns microns
------------------------------------------------------------------------
(Pit
No.8) 27.05 51 23 13 8 5 2 102
------------------------------------------------------------------------
(1) Total diamond weight: 0.019115 carats
(2) The largest diamonds measured 1.12x0.92x0.4 mm (colorless, clear
fragment)
The majority of the diamonds are described as colorless clear crystals or fragments and a smaller portion are of various colors, yellow being the most frequent one.
The results give a more accurate diamond count versus the previously announced data obtained from the vendor and a third party (press releases December 16, 2004 and January 11, 2005). SRC (Saskatchewan Research Council) analyzed the sample by caustic dissolution, the standard method to analyze the accurate diamond content for small to medium seized samples.
This sample was taken for verification purposes in early fall 2004 during the negotiations concerning the acquisition of the Leadbetter property in Chabanel Township just 12 kilometres north of Wawa. Due to the small sample seize any statistical evaluation would be premature. Nevertheless the results are an indication that further exploration work is justified.
Mr. John Ryder, P.Geo. is the qualified person responsible for the technical information contained in this news release. The results from the due diligence sampling (press release January 11, 2005) conducted by Dr. Winfried Brack are expected shortly.
Dianor is an innovative exploration company focussed on diamond exploration. The Company has entered into option/joint ventures in Quebec with Alexis Minerals Corporation (AMC: TSX Venture Exchange) on the Queotish property; Murgor/Freewest (MUG/FWR: TSX Venture Exchange) on the La Treve properties; In Ontario with Eastmain Resources Inc. (ER: TSX Exchange) on the Abitibi Extension project; with Globex Mining Enterprises Inc. (GMX: TSX Exchange) on its Pacaud kimberlite property and with Hinterland Metals Inc. (HMI: TSX Venture Exchange) on its Teck property.
Dianor's common shares are listed on the TSX Venture Exchange under the symbol "DOR".
You can also visit our Web Site: www.dianor.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
/For further information: Mr. John Ryder, P.Geo., President, Dianor Resources Inc., (819) 825-7090, Fax: (819) 825-7545, E-Mail: info(at)dianor.com; Mr. Daniel Duval, Chairman of the Board, Dianor Resources Inc., (819) 825-7090, Fax: (819) 825-7545, E-Mail: info(at)dianor.com; Mr. Sylvain Laberge, slaberge(at)renmarkfinancial.com; Mr. John Boidman, jboidman(at)renmarkfinancial.com; Mrs. Cynthia Lane, clane(at)renmarkfinancial.com, Renmark Financial Communications, (514) 939-3989, Fax: (514) 939-3717/ |
