03:26 PM EST - Diamonds North Resources Ltd. : announced the discovery of a gold bearing iron formation on Amaruk property located in Nunavut. Initial regional prospecting returned grab samples with over 0.5-gram-per-tonne gold including a sample yielding 1.2-gram-per-tonne gold. The company stated that sub-vertical sulfide rich iron formation was traced over more than 6.5 kilometres and measures one to five metres, wide and in areas of intense folding up to 25 metres wide. Several of the samples collected also returned anomalous copper up to 0.26%, nickel up to 0.11%, zinc up to 0.14% and silver up to 3.3 gram per tonne. Diamonds North Resources Ltd.
shares V.DDN are trading even at $0.31.
