Owner
Post by Franko10 ™ on Sept 20, 2004 9:37:43 GMT -5
NSDM announces Phase 2 drill results
- PR Newswire
BELLINGHAM, WA, Jun 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announce results for Phase 2, Wekusko Lake drill program.
The drill program was a technical success despite adverse weather and equipment break down. The drill core is stored at the Manitoba Government core storage compound at Centennial Mine near the Bakers Narrows. Certain parts of the core have been taken for geochemical analysis. The core samples consist mostly of metamorphized gabbro with magnetite. Several mafic dykes were intersected which contained no garnet or diopsides. While the purpose of the program was to intersect ultramafic or lamprophite material, the results of this program lead us to believe that such formations exist in the area. Mr. Victor Sidic, the geologist familiar with the area, recommends at least two more follow up holes be drilled in Wekusko area. This is the area in which Kimberlite has been found previously.
More geochemical results will be released as they become available.
NSDM is presently working on Phase 3 of the drill program which is located in the Pelican Rapids area, which is 235 miles northwest of Winnipeg. Presently, work is in progress on compiling all relevant data on the kimberlite indicator minerals which exist in that area. Geophysical work will begin on the prospective geological structure based on the kimberlite indicator minerals.
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. is 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.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.
- PR Newswire
BELLINGHAM, WA, Jun 30, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM), announce results for Phase 2, Wekusko Lake drill program.
The drill program was a technical success despite adverse weather and equipment break down. The drill core is stored at the Manitoba Government core storage compound at Centennial Mine near the Bakers Narrows. Certain parts of the core have been taken for geochemical analysis. The core samples consist mostly of metamorphized gabbro with magnetite. Several mafic dykes were intersected which contained no garnet or diopsides. While the purpose of the program was to intersect ultramafic or lamprophite material, the results of this program lead us to believe that such formations exist in the area. Mr. Victor Sidic, the geologist familiar with the area, recommends at least two more follow up holes be drilled in Wekusko area. This is the area in which Kimberlite has been found previously.
More geochemical results will be released as they become available.
NSDM is presently working on Phase 3 of the drill program which is located in the Pelican Rapids area, which is 235 miles northwest of Winnipeg. Presently, work is in progress on compiling all relevant data on the kimberlite indicator minerals which exist in that area. Geophysical work will begin on the prospective geological structure based on the kimberlite indicator minerals.
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. is 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.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.
