Business
Dunnedin Expands Kahuna Project to 166,402 Hectares
(via TheNewswire) September 14, 2017 / TheNewswire / Vancouver, BC,...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Dunnedin Expands Kahuna Project to 166,402 Hectares(via TheNewswire)\n \n \nSeptember 14, 2017 / TheNewswire / Vancouver, BC, Canada. - Dunnedin Ventures Inc. (the \"Company\" or \"Dunnedin\") (TSX-V: DVI) today announced that it has expanded the Kahuna project through staking of an additional 36 claims totaling 42,128 Ha. The total area of the Kahuna project is now 166,402 Ha, or 1,664 square kilometres. The new claims are prospective for both gold and diamonds.\n\n \n \nThe summer field program has been extended to survey the newly staked ground and geological mapping, bedrock and till sampling are underway. The new claims cover extensions to greenstone belts containing banded iron formations that have been mapped by field crews, and are known from historical work to contain gold mineralization. Some of the new claims also cover probable up-ice sources of recently disclosed diamond indicator minerals found in tills, and geophysical targets consistent with kimberlite pipes. The new boundaries of the Kahuna project are shown below in Figure 1.\n\n \n \nFigure 1: Expanded boundaries of the Kahuna project, September 2017.\n\n\n \n\nClick Image To View Full Size\n\n \n \nThe Company further reports that is has begun mobilizing fuel and other materials for its planned winter drill program and is currently seeking drill bids. Furthermore, all outstanding diamond-focused till results from its 2016 sampling program have now been received, and results will be released as soon as analysis is completed.\n\n \n \nMr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.\n\n\n \nFor further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360.\n\n\n \nOn behalf of the Board of Directors\n\n \n \nDunnedin Ventures Inc.\n\n \n \nChris Taylor\n\n\n \nChief Executive Officer\n\n \n \nAbout the Kahuna Project\n\n \n \nDunnedin's primary asset is the Kahuna project, where it is completing final steps to earn a 100 percent interest. Kahuna is an advanced stage high grade diamond project located near Rankin Inlet, Nunavut. Dunnedin is now recovering diamonds and indicator minerals from a series of kimberlite and till samples collected from two seasons of field work. An Inferred Resource released by Dunnedin showed over 4 million carats of macrodiam...