Diamond Discoveries International: Petrographic Report confirms Kimberlite on Torngat Property
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> VANCOUVER, British Columbia, June 28, 2004 (PRIMEZONE) -- Further to the press release dated April 19, 2004, which related to indicator mineral evaluation of dyke samples identifying the St. Pierre Dyke and Ned's Dyke as kimberlites, Diamond Discoveries International Corp. (OTCBB MDD) has recently received a petrographic report from Al Millar, consulting petrologist for Millar and Associates, Ottawa, Ontario with respect to three selected samples, each from a different dyke located on the Torngat Property. This report definitively confirms the presence of kimberlite rock in the samples from Ned's Dyke and St. Pierre Dyke. Petrography is the microscopic description and identification of rocks and minerals. Several suspected pipes along Ned's Dyke and St. Pierre Dyke will be drilled during the 2004 field program in order to confirm the existence of kimberlite pipes and test for diamond content. Robert Dillman, B.Sc., DMDD's consulting geologist states, "Al Millar's report is of great importance since it confirms the presence of kimberlite and establishes the Torngat region as one of only a handful of kimberlite fields in North America. In all the fields founds so far, there is one or more kimberlites with diamonds and each of the fields has at least one kimberlite with economic or near-economic diamond grades. Until now, the diamond exploration community is under the impression that the Torngat region has only aillikite (lamprophyre) dykes. Lamprophyre is hard to sell! Millar's report also suggests that the mantle nodules contained in the kimberlite are trending towards hartzburgite which is the preferred trend for diamond." DMDD is pleased about the confirmation of kimberlite occurrences on the property and will be focusing on these kimberlite dykes and associated suspected pipes. The Company will begin its 2004 exploration season which will commence in mid July. ON BEHALF OF THE BOARD "John Kowalchuk" ------------------ John Kowalchuk P.Geo., President & CEO About Diamond Discoveries International Corp. Diamond Discoveries International Corp. is an US exploration company with executive offices in Vancouver, B.C. Through its wholly owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain mineral permits in the Torngat Mountains Peninsula, north-eastern Quebec. The Company is focused on exploring for diamonds. The Company has located more than 50 kimberlite dykes and several kimberlite pipes. This summer, they plan on actively sampling the targeted areas for diamonds both by bulk sampling and core drilling. About Millar & Associates Millar & Associates is a group of geologists who specialize in microscopic description of rocks and minerals. The group has an excellent reputation and is used by diamond exploration firms such as De Beers and Ashton Mining. Forward-Looking Statement This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve 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 Mr. John Kowalchuk B.Sc. P.Geo., CEO 604-683-1368 Fax: 604-685-6905 T.F: 866-400-1368 jkowalchuk@shawcable.com
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MDD) has recently received a petrographic report from Al Millar, consulting petrologist for Millar and Associates, Ottawa, Ontario with respect to three selected samples, each from a different dyke located on the Torngat Property. This report definitively confirms the presence of kimberlite rock in the samples from Ned's Dyke and St. Pierre Dyke. Petrography is the microscopic description and identification of rocks and minerals. Several suspected pipes along Ned's Dyke and St. Pierre Dyke will be drilled during the 2004 field program in order to confirm the existence of kimberlite pipes and test for diamond content. Robert Dillman, B.Sc., DMDD's consulting geologist states, "Al Millar's report is of great importance since it confirms the presence of kimberlite and establishes the Torngat region as one of only a handful of kimberlite fields in North America. In all the fields founds so far, there is one or more kimberlites with diamonds and each of the fields has at least one kimberlite with economic or near-economic diamond grades. Until now, the diamond exploration community is under the impression that the Torngat region has only aillikite (lamprophyre) dykes. Lamprophyre is hard to sell! Millar's report also suggests that the mantle nodules contained in the kimberlite are trending towards hartzburgite which is the preferred trend for diamond." DMDD is pleased about the confirmation of kimberlite occurrences on the property and will be focusing on these kimberlite dykes and associated suspected pipes. The Company will begin its 2004 exploration season which will commence in mid July. ON BEHALF OF THE BOARD "John Kowalchuk" ------------------ John Kowalchuk P.Geo., President & CEO About Diamond Discoveries International Corp. Diamond Discoveries International Corp. is an US exploration company with executive offices in Vancouver, B.C. Through its wholly owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain mineral permits in the Torngat Mountains Peninsula, north-eastern Quebec. The Company is focused on exploring for diamonds. The Company has located more than 50 kimberlite dykes and several kimberlite pipes. This summer, they plan on actively sampling the targeted areas for diamonds both by bulk sampling and core drilling. About Millar & Associates Millar & Associates is a group of geologists who specialize in microscopic description of rocks and minerals. The group has an excellent reputation and is used by diamond exploration firms such as De Beers and Ashton Mining. Forward-Looking Statement This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve 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 Mr. John Kowalchuk B.Sc. P.Geo., CEO 604-683-1368 Fax: 604-685-6905 T.F: 866-400-1368 jkowalchuk@shawcable.com
