Dunnedin Ventures today provided an update on diamond exploration and permitting progress. The Company has focused on a priority region of high quality Diamond Indicator Minerals correlated to a number of geophysical targets consistent with kimberlite pipes, as shown on Figure 1. Three of these targets have been "boxed" by till sampling and are [...]
Dunnedin Ventures today reported final diamond recovery results from the PST kimberlite. A total of 8.17 carats of commercial-sized diamonds (+0.85 mm) were recovered from 2.03 tonnes of PST, for a final aggregate sample grade of 4.02 carats per tonne. Results are provided in the table below. Diamond Recoveries from PST Kimberlite Table 1: Diamonds [...]
Dunnedin Ventures today announced that it has completed an over-subscribed non-brokered private placement of flow-through and non-flow through units for gross proceeds of $4,546,250. In connection with closing of the placement, the Company issued 1,325,000 FT Units at a price of $0.32, and 16,489,000 NFT Units at a price of $0.25. The Company has [...]
unnedin Ventures announces that it will conduct a non-brokered private placement of flow-through and non-flow through units for gross proceeds of up to $4,000,000. In order to accommodate the private placement, the date of record for a plan of arrangement to spin out rights to gold mineralization at the Company's Kahuna project, Nunavut, will be [...]
Dunnedin Ventures 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. Figure 1: Kimberlite pipe targets with diamond indicator minerals in [...]
Dunnedin Ventures today reported that the date of record for a Plan of Arrangement to spin out rights to gold mineralization at its Kahuna project, Nunavut, will be June 30, 2017. The Company also announces its exploration plans to define drill targets across its Kannuqa gold belt, an approximately 300 square kilometre folded greenstone belt that [...]
Dunnedin Ventures today reported it has entered into a Letter Agreement whereby it will accelerate its Option Agreement payments and receive a 100% undivided interest in the Kahuna project. Under the terms of the Agreement, Dunnedin will earn a 100% interest in the Kahuna project and in return pay the Kahuna project vendors Gary R. Thompson and [...]
Dunnedin Ventures today announced results from exploration undertaken in October of 2016 designed to find additional gold zones at its 100% owned Trapper property. Trapper is a copper-gold porphyry project in northern British Columbia with results that include high grade visible gold flanking copper-mineralized porphyry in drill core, and gold [...]
Dunnedin Ventures is pleased to report that the Nunavut Impact Review Board (NIRB) has recommended acceptance of the Company's proposed drilling and bulk sampling program at the Kahuna project, Nunavut, to the Honourable Carolyn Bennett, the Minister of Indigenous and Northern Affairs Canada. The proposed work will allow for drilling of a number of [...]
Dunnedin Ventures today reported the Company's first diamond recovery results from the Kahuna kimberlite. The 144.44 kg sample of Kahuna returned 13 commercial-sized stones totalling 0.334 carats, for a sample grade of 2.32 carats per tonne. The largest recovered diamond was a 0.12 carat clear and colourless twinned octahedral stone. Results are [...]
Dunnedin Ventures is pleased to report the identification of a large gold-bearing greenstone belt at the Kahuna project. High gold-in-till counts including pristine gold grains suggesting local bedrock sources of gold are present along a sampled length of over 40 kilometres immediately adjacent to Agnico Eagle Mines Ltd.'s (TSE: AEM, "Agnico [...]
Dunnedin Ventures is pleased to report additional diamond recoveries from the Notch kimberlite. A third, 43.78 kg sample of Notch returned 4 commercial-sized stones (+0.85 mm) totalling 0.43 carats, for a sample grade of 9.72 carats per tonne. The largest recovered diamond was a 0.16 carat clear and colourless elongated octahedron. Results are [...]
