Diamond Discoveries, Quebec Properties, Exploration Update
Diamond Discoveries International Corp. (OTCBB:DMDD) would like to provide an update of the activities on the work program for the Quebec properties regarding which DMDD signed an option agreement with project operator Tres-Or Resources Ltd (see news April 2006) .
New York, NY (PRWEB) November 9, 2007 -- Diamond Discoveries International Corp. (OTCBB:DMDD) would like to provide an update of the activities on the work program for the Quebec properties regarding which DMDD signed an option agreement with project operator Tres-Or Resources Ltd (see news April 2006).
A two phase exploration program for 2007 and 2008 has commenced with an estimated budget $1,500,000 million as approved by DMDD's board of directors. The program comprises of Phase 1 which commenced in June 2007 and Phase 2 which will follow as warranted by the test results of Phase 1. The work program includes staking, surface exploration, mapping, prospecting sampling both airborne and ground geophysical surveys (initial surveys completed) drilling, assays and/or caustic fusion testing and further work recommendations. Three drill holes totaling 351.5 meters has been completed on one of the Quebec property targets testing a prospective geophysical target identified from proprietary high resolution aeromagnetic survey. Drill core samples have been submitted to ACME Analytical Laboratories in Vancouver B.C. for a multi-element analysis and fire assay for precious metals. Results are pending.
DMDD is also pleased to report that they have received a go-forward work recommendation on the gold and base metal Notre Dame du Nord claims which form part of the option agreement. The recommended work includes follow-up mapping and prospecting leading to drilling of prospective targets. Proprietary airborne geophysical data identified a previous untested conductor extending a buried volcanic belt of over 10 km in strike length which has yielded reported gold, copper, and zinc mineralization in the past.
Harrison Cookenboo, Ph.D., P.Geo., prepared the recommended work program for the Quebec properties and is a Qualified Person by the standards of National Instrument 43-101, has reviewed the contents of this news release. Dr. Cookenboo is responsible for the design and implementation of the field programs.
About Diamond Discoveries International Corp.
Diamond Discoveries International Corp is a U.S exploration company with executive offices in New York, NY and Toronto, Ontario. Since inception through it's wholly owned subsidiary Diamond Discoveries (Canada) Inc. it is focused on diamonds, gold and base metal exploration in the province of Quebec. www.diamonddiscoveries.com
Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involves risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in company filings with U.S. securities regulatory authorities.
Contact:
Diamond Discoveries International Corp.
Dominic Spedaliere
Investor Relations
(416)671-6546
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