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Dunnedin Defines Potential Diamond Source Target Area at Kahuna Project, Nunavut
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - Dunnedin Ventures Inc. (TSXV:...
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[{"type":"text","content":"Dunnedin Defines Potential Diamond Source Target Area at Kahuna Project, NunavutVancouver, British Columbia--(Newsfile Corp. - March 20, 2019) - Dunnedin Ventures Inc. (TSXV: DVI) (the \"Company\" or \"Dunnedin\") today announced results from 109 till samples collected in the Josephine Target Area (JTA) during the fall of 2018. Results have defined a discrete target area for potential diamond sources of 3 km2 at the head of the JTA, a trend of abundant high-quality diamond indicator minerals (DIM) for which no source is known yet. Although the focus of Dunnedin's near-term exploration plans will be on its recently expanded portfolio of large-scale copper porphyry projects in Canada and the USA (see news releases of November 29, 2018 and March 4, 2019), the Company's next diamond-focused exploration campaign will be aimed at the discovery of kimberlite pipes within this newly defined area.The Company collected approximately 750 till samples in the JTA in the fall of 2018, of which 109 priority samples have been analysed by CF Mineral Research Ltd. (\"CFM\") laboratory in Kelowna, BC. Superior DIM chemistry in these recent results confirms that the JTA is the most prospective area on the Kahuna property to host significantly diamondiferous kimberlite (see Figure 1). A summary of these select till results are as follows:Ranked results from 109 priority samples have constrained the source of DIMs to a 3 km2 area at the northwest up-ice end of the JTAThe discreet trend of abundant of high-quality DIMs in the JTA have led to a target area with no known diamond sources yetIndividual sites having unique DIM abundance and chemistry, but internal to the JTA trend, are also considered priority targetsGeophysical targeting will focus on pipe-like signatures and untested geophysical responses identified to datePriority targets will be tested with core drilling with program and budget to be determined in early 2019\"The Josephine Target Area is the most intriguing and prospective area on the Kahuna project,\" said Claudia Tornquist, President of Dunnedin. \"We believe it has exceptional potential for the discovery of one or several large diamond sources. With the help of our advisor, diamond expert Dr. Chuck Fipke, we have systematically analysed a large number of samples across our property over the course of four years to vector in on new d...