Undiscovered 4mn cts diamond sources!
Dunnedin
focuses on Kahuna, a
Resource
of 4 mn cts diamonds!
Dunnedin
Ventures said on the diamond exploration progress at its 100% owned Kahuna
Diamond Project in Nunavut, Canada and outlines its strategic plans. Dunnedin
expects results shortly for diamond recoveries from approximately 150 kilograms
of kimberlite from pipe KH10-11 which was newly discovered this summer.
In
the near future Dunnedin will also receive initial diamond indicator results
from the till sampling program completed in the Josephine Target Area this
autumn. These results will assist with the prioritization and selection of
drill targets in the JTA, which will be the main focus of the Company’s next
drill program.
The
JTA has been identified by Dunnedin’s advisor Dr. Charles Fipke as the most
prospective area of the Kahuna Project with an abundance of high-quality
diamond indicator minerals implying multiple undiscovered diamond-bearing
sources. Dunnedin has narrowed down the main target area at JTA to 10 square
kilometers and expects to continue testing for kimberlite pipes with core
drilling in the New Year.
Further evaluation is
planned to determine the best course for expanding and progressing the existing
inferred diamond resource of 4 million carats in two diamondiferous kimberlite
dikes, Kahuna and Notch. In its 2018 exploration program, the Company’s
drilling successfully extended the strike of two other diamondiferous dikes,
PST and 07KD-24.
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