Business
Dunnedin Updates on Kahuna Project & Copper-Gold Strategy, Appoints Director
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Dunnedin Ventures Inc. (TS...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"Dunnedin Updates on Kahuna Project & Copper-Gold Strategy, Appoints DirectorDunnedin to Host a Webinar on Friday November 30th @ 11:00am PST/2:00pm ESTVancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Dunnedin Ventures Inc. (TSXV: DVI) (the \"Company\" or \"Dunnedin\") provides an update on the diamond exploration progress at its 100% owned Kahuna Diamond Project in Nunavut, Canada (\"Kahuna\"), and outlines its strategic plans for both its diamond and copper-gold assets.Kimberlite Pipe Exploration UpdateDunnedin expects results shortly for diamond recoveries from approximately 150 kilograms of kimberlite from pipe KH10-11 which was newly discovered this summerIn the near future Dunnedin will also receive initial diamond indicator results from the till sampling program completed in the Josephine Target Area (\"JTA\") 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 programThe 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 (\"DIM\") implying multiple undiscovered diamond-bearing sourcesDunnedin has narrowed down the main target area at JTA to 10 square kilometres and expects to continue testing for kimberlite pipes with core drilling in the new yearHigh Grade Kimberlite Dike Resource UpdateFurther 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 (see news releases dated May 10 and July 11, 2018). PST and 07KD-24 are not in the current inferred resource and demonstrate the opportunity to add additional resources on the projectThe Company is currently processing geophysical results from test surveys covering kimberlite dike targets that were completed during the winter and summer 2018 drill campaigns, and will provide an update when this work is completeAs Dunnedin reviews its dike resources, the Company also plans to study development conceptsClaudia Tornquist, President of Dunnedin, said, \...