Owner
Post by Franko10 ™ on Sept 20, 2004 9:34:04 GMT -5
NSDM completes Phase 2 drill program (Wekusko Lake)
- PR Newswire
BELLINGHAM, WA, May 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announces that Phase 2 diamond drill program near Wekusko Lake is now complete. The core from the three holes has been stored in the core storage facility in Snow Lake, Manitoba. Mr. Vic Sidic is preparing the geological report and logging the drill cores. Selected sections of the core will be sent to the SRC laboratory in Saskatoon for chemical and geological analysis, which should be ready in 2 to 3 weeks.
While drilling was in progress, two more potential drill targets were located and recommended for drilling at a later date. Geophysical work on these two sites will continue.
Wekusko Lake is the only area of Manitoba where a Kimberlite dyke has been located and NSDM is encouraged by this to conduct more exploration.
Also, preliminary work on Phase 3 is continuing. Kimberlite indicator minerals are being mapped and new information for the geophysical work is being prepared. Studies are being conducted in the selection of geophysical targets. Drilling will commence when this work is completed.
Canada is now being recognized as one of the best areas in the world for diamond exploration, where extensive exploration activities are now being conducted by industry leaders. President and CEO, Walter Stunder of North Star Diamonds, Inc. says we are committed to a financially-rewarding, lucrative, and long-range program of diamond exploration and commercialization.
For further information on NSDM, visit www.northstardiamonds.net
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: 1-877-454-7872,
or Email: contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds, Inc.
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved
- PR Newswire
BELLINGHAM, WA, May 27, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announces that Phase 2 diamond drill program near Wekusko Lake is now complete. The core from the three holes has been stored in the core storage facility in Snow Lake, Manitoba. Mr. Vic Sidic is preparing the geological report and logging the drill cores. Selected sections of the core will be sent to the SRC laboratory in Saskatoon for chemical and geological analysis, which should be ready in 2 to 3 weeks.
While drilling was in progress, two more potential drill targets were located and recommended for drilling at a later date. Geophysical work on these two sites will continue.
Wekusko Lake is the only area of Manitoba where a Kimberlite dyke has been located and NSDM is encouraged by this to conduct more exploration.
Also, preliminary work on Phase 3 is continuing. Kimberlite indicator minerals are being mapped and new information for the geophysical work is being prepared. Studies are being conducted in the selection of geophysical targets. Drilling will commence when this work is completed.
Canada is now being recognized as one of the best areas in the world for diamond exploration, where extensive exploration activities are now being conducted by industry leaders. President and CEO, Walter Stunder of North Star Diamonds, Inc. says we are committed to a financially-rewarding, lucrative, and long-range program of diamond exploration and commercialization.
For further information on NSDM, visit www.northstardiamonds.net
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: 1-877-454-7872,
or Email: contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds, Inc.
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved
