Enlarge
Gold and diamonds

Diamonds North Resources' 2011 exploration program has been initiated on the Amaruk Property in Nunavut, Canada, the company announced Monday. The program will focus on top priority gold prospects as well as follow-up of a new generation of kimberlite targets identified from electro-magnetic (EM) airborne data.

 

EM data has been extremely important for discovering economic kimberlites at the Ekati Diamond Mine, Diavik Diamond Mine as well as high value kimberlites at the Gahcho Kue Diamond Project.

 

"We are excited to begin our exploration program this year on Amaruk. This prospecting and sampling program is intended to demonstrate high gold values as well as increase our confidence in targeting kimberlite using EM prior to drilling," said Diamonds North President and CEO Mark Kolebaba.

 

In addition, extensive prospecting and sampling around priority gold prospects such as Far East and DEL will be conducted with the intention of extending the known prospects and increasing the sample grades.