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New Kimberlite Pipe Targets with Diamond Potential Identified at Kahuna
(via TheNewswire) June 5, 2017 / TheNewswire / Vancouver, BC, Canad...
About this update from Kodiak Copper Corp.
[{"type":"text","content":"New Kimberlite Pipe Targets with Diamond Potential Identified at Kahuna(via TheNewswire)\n \n \nJune 5, 2017 / TheNewswire / Vancouver, BC, Canada - Dunnedin Ventures Inc. (the \"Company\" or \"Dunnedin\") (TSX-V: DVI) today reported the identification of new kimberlite pipe targets with down-ice till chemistry matching known diamond-bearing kimberlite dikes at the Kahuna project. These are priority drill targets for 2017 that the Company believes have strong diamond potential.\n\n \n \nFigure 1: Kimberlite pipe targets with diamond indicator minerals (\"DIMs\") in down-ice tills. Individual targets shown in insets. Magnetic total field geophysics shown. Results are from 208 of 1,111 samples received to date.\n\n\n \n\nClick Image To View Full Size\n\n \n \nThe Company processed kimberlite from the highly diamondiferous Kahuna, PST and Notch kimberlite dikes and also from the KEM dike, a barren body, to compare the indicator mineral signatures of diamondiferous versus barren kimberlites. All three of the Kahuna, PST and Notch had certain indicator mineral chemistries in common that were absent in the barren body. These diamond-associated mineral chemistries have now been recovered from till samples down-ice from new kimberlite pipe targets in several areas.\n\n \n \n\"The Kahuna project covers one of the largest, mostly under tested kimberlite pipe fields in Canada,\" said Chris Taylor, CEO of Dunnedin. \"While we remain positive on the potential of our diamond-bearing kimberlite dikes such as Kahuna, Notch and PST, the opportunity to additionally benefit our shareholders through a new discovery drives us to also test the pipes. With these new results in hand, we aim to make 2017 a year of discovery, diamond valuation and resource growth.\"\n\n\n \nSummary of Results \n\n \n \n\n\n- Results received for 208 of 1,111 (19%) till samples collected in summer 2016, with results from the remaining 903 samples expected to be received through June.\n\n\n\n \n \n\n\n- To-date, up to seven potentially diamond-bearing kimberlite pipe targets have been identified with associated DIM dispersions in down-ice tills. Targets will be ranked for follow up exploration and drilling once all results are received. The total number of targets, and their relative strengths based on DIM content, will be provided at that time.\n\n\n\n \n \n\n\n- Field cr...