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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: VAUGHN who wrote (645)2/4/2003 8:52:22 AM
From: Rocket Red  Respond to of 16213
 
Lab tests were ready in September, 2002. A 186-kilogram sample from one outcrop was found to contain 228 diamonds. A 43-kilogram sample from another revealed 92 diamonds.

The test results were initially kept secret so the joint venture could secure an even larger land-exploration position. In December, it filed a claim for an extra 5.5 million acres of permitting rights. The Nunavut government only yesterday approved the permits.

"What is very unusual in the mining industry is for a company to be able to keep things quiet long enough for the companies to amass a large enough land position," Mr. Robins explained.



To: VAUGHN who wrote (645)2/5/2003 12:00:28 PM
From: Famularo  Read Replies (1) | Respond to of 16213
 
Majescor, Diamonds North to look for diamonds in summer

Diamonds North Resources Ltd DDN
Shares issued 13,047,885 Feb 4 close $0.85
Wed 5 Feb 2003 News Release
See (MAJ) News Release
Mr. Andre Audet of Majescor Resources reports
MAJESCOR AND DIAMONDS NORTH FORM SECOND DIAMOND ALLIANCE
Majescor Resources and Diamonds North Resources have formed a partnership
to jointly explore for diamonds in a northern region of Victoria Island,
Nunavut. The companies have been granted four prospecting permits totalling
218,674 acres of prospective diamond terrain. The permits were acquired to
cover an area with discrete kimberlite indicator mineral anomalies.
Majescor and Diamonds North are planning a systematic sampling program for
this new area during the summer of 2003.