Owner
Post by Franko10 ™ on Sept 20, 2004 9:27:50 GMT -5
North Star is pleased to announce that the drill results have proven positive
- PR Newswire
BELLINGHAM, WA, Feb 17, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) North Star Diamonds is pleased to announce that the drill results have proven positive.
A lamprophyre, believed to be the first in Manitoba has been discovered on the Shire 1 target. Lamprophyres are of the same geological formation as Kimberlite and Lamproites. Other diamondiferous lamprophyres have been discovered in other parts of Canada, mainly in the North West Territories and in the Wawa area of Ontario, which is also on the Superior Craton.
Further work will be done on the Shire 1 target with regard to geophysical work and further exploratory drilling. Further staking of land has been done to secure the area. Other geological anomalies in the area will be drilled as part of North Star's ongoing exploratory program.
Merry, Gimli, and Bree were found to be of no interest in diamond exploration. However; they are being tested for rare earth metals. Results will be announced as received.
Further information will be posted on our website to keep you informed as to our progress on finding diamonds in Manitoba.
North Star was also informed that the MEAP program (Mineral Exploration Assistance Program) has been approved. Under this program, up to 25% of expenditure will be reimbursed to North Star for exploration work done in Manitoba.
North Star Diamonds, Inc. is committed to a long-range plan for diamond exploration and feels that with the Superior Craton Project and the assets in Ukraine, North Star is focused on establishing the Company as a true world explorer in search for diamonds.
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 877-454-7872 or
Email: contact@northstardiamonds.net
Walter Stunder, President.
SOURCE North Star Diamonds, Inc.
Toll Free: 877-454-7872 or Email:
contact@northstardiamonds.net
(NSDM)
- PR Newswire
BELLINGHAM, WA, Feb 17, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) North Star Diamonds is pleased to announce that the drill results have proven positive.
A lamprophyre, believed to be the first in Manitoba has been discovered on the Shire 1 target. Lamprophyres are of the same geological formation as Kimberlite and Lamproites. Other diamondiferous lamprophyres have been discovered in other parts of Canada, mainly in the North West Territories and in the Wawa area of Ontario, which is also on the Superior Craton.
Further work will be done on the Shire 1 target with regard to geophysical work and further exploratory drilling. Further staking of land has been done to secure the area. Other geological anomalies in the area will be drilled as part of North Star's ongoing exploratory program.
Merry, Gimli, and Bree were found to be of no interest in diamond exploration. However; they are being tested for rare earth metals. Results will be announced as received.
Further information will be posted on our website to keep you informed as to our progress on finding diamonds in Manitoba.
North Star was also informed that the MEAP program (Mineral Exploration Assistance Program) has been approved. Under this program, up to 25% of expenditure will be reimbursed to North Star for exploration work done in Manitoba.
North Star Diamonds, Inc. is committed to a long-range plan for diamond exploration and feels that with the Superior Craton Project and the assets in Ukraine, North Star is focused on establishing the Company as a true world explorer in search for diamonds.
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 877-454-7872 or
Email: contact@northstardiamonds.net
Walter Stunder, President.
SOURCE North Star Diamonds, Inc.
Toll Free: 877-454-7872 or Email:
contact@northstardiamonds.net
(NSDM)
