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Mon Dec 17, 2001
Kelsey Property Joint Venture Earn-In Obligation Completed
Diamondex Resources Ltd. (DSP-CDNX) (the "Company") is pleased to announce that it has completed its earn-in obligation on the Kelsey Property, NWT and is now vested with a 60% interest. Tyler Resources Inc. holds the remaining 40% and a joint venture has been formed to further explore the property.
The joint venture is considering an exploration program of ground geophysics and drilling to test several kimberlite targets during the first quarter of 2002. The Kelsey property is located 300 ki... (2 KB) |
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Mon Dec 10, 2001
Proposed Private Placement
Vancouver, BC - Randy C. Turner, President of Diamondex Resources Ltd. (CDNX - DSP) (the "Company"), announces a proposed private placement for a total of:
(a) up to 3,750,000 flow-through units (the "FT Units"), each FT Unit comprised of one flow-through common share (an "FT Share") and one-half non-flow-through non-transferable share purchase warrant (a "Class A Warrant"), in the capital stock of the Company at $0.80 per FT Unit. Two Class A Warrants will entitle the placees to purchase one... (3 KB) |
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Fri Dec 7, 2001
Peregrine Property Location Map
Diamondex Resources Ltd. (DSP-CDNX) is pleased to provide a location map of its newly acquired Peregrine property located in the Coronation diamond district of the north Slave Craton region of Nunavut. The Peregrine property is situated approximately 520 kilometers north of Yellowknife, NWT and adjoins immediately to the west of the Vic and Kim claims of Ashton Mining of Canada Inc. who recently reported encouraging diamond results from the Artemisia kimberlite pipe. The Peregrine property compr... (51 KB) |
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Wed Dec 5, 2001
Caustic Fusion Results From King Property
Vancouver, BC, Diamondex Resources Ltd. (DSP-CDNX) is pleased to report microdiamond results from caustic fusion analysis of kimberlite drill core intersections obtained during the 2001 spring and summer drill programs on the King property, NWT, and to provide an update on exploration carried out over the property to date.
The King property is situated approximately 220 kilometers northeast of Yellowknife, Northwest Territories and adjoins the Camsell property which hosts the Snap Lake diamon... (82 KB) |
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Mon Nov 19, 2001
Letter of Agreement Signed to Acquire 70% of Peregrine Property
Vancouver, B.C. -- Diamondex Resources Ltd. (DSP-CDNX) (the "Company") is pleased to announce the Company has signed a letter of agreement with 524520 B.C. Ltd., a private company controlled by Mr. Lawrence Barry, to acquire a 70% interest in the Peregrine Property (the "Property"). The Peregrine Property, comprised of 150,000 acres, is situated approximately 520 kilometres north of Yellowknife, NWT in the north Slave Craton region of Nunavut. The Property lies 22 kilometres immediately to the w... (3 KB) |
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Mon Oct 29, 2001
Drilling Commences at Aylmer Lake West, NWT
Shear Minerals Ltd. (SRM:CDNX) is pleased to announce that drilling has begun on the Aylmer Lake West property in the Northwest Territories. The Aylmer Lake West property is located 340 kilometres northeast of Yellowknife, and 95 kilometres southeast of the Ekati Diamond mine. Shear Minerals Ltd. is operator of the program and has now earned a 49% interest in this property from Diamondex Resources Ltd (DSP:CDNX).
Several kimberlite targets prioritized from past ground geophysical surveys have... (4 KB) |
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Wed Oct 24, 2001
King, Carat, Hilltop, Bear Head and Kelsey Property Exploration Updates
Diamondex Resources Ltd. (DSP-CDNX) is pleased to provide an update on the King, Carat, Hilltop, Bear Head and Kelsey projects, all located in the Northwest Territories.
King Property
A major exploration program consisting mainly of deep drilling, seismic, airborne geophysics, and till sampling has been completed on the King property to test for the down dip extension of the Snap Lake diamond deposit. The Snap Lake diamond deposit comprises a diamond-bearing kimberlite dyke averaging about... (9 KB) |
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Wed Oct 3, 2001
Appointment to the Board - Mr. James E. Eccott
Randy C. Turner, President and CEO of Diamondex Resources Ltd. (DSP - CDNX) is pleased to announce the appointment of Mr. James E. Eccott (formerly of Dia Met Minerals Ltd.) to its board of directors.
Mr. Eccott joined the board of directors of Dia Met Minerals Ltd. in 1986 and in 1992 he was appointed its President and Chief Executive Officer, which he remained, until his retirement in December 2000. During his executive role at Dia Met Minerals Ltd. James Eccott was involved in the discove... (2 KB) |
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Thu Sep 13, 2001
Carat Property Joint Venture Drilling Update
Diamondex Resources Ltd. (DSP-CDNX) ("Diamondex") is pleased to provide a drilling update on the previously reported CT 55 kimberlite discovered on the Carat property. This property, located 340 km NE of Yellowknife, NWT, comprises 94,300 acres and immediately adjoins the northern claim boundary of the Ekati Diamond Mine property. The Carat property is operated by Diamondex on behalf of a joint venture in which Diamondex has a 70% interest and Tyler Resources Inc. has the remaining 30%.
Th... (3 KB) |
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Fri Aug 31, 2001
Brokered Share Purchase Warrants Expiry Date Extended
John A. McDonald, Executive Vice-President of Diamondex Resources Ltd. (the "Company"), announces that the term of the brokered share purchase warrants issued on September 6, 2000 has been extended from its current expiry date of September 6, 2001 to December 31, 2001. A total of 2,000,000 non-transferable share purchase warrants (a "Warrant" or the "Warrants") were issued pursuant to a brokered private placement which closed on September 6, 2000. As originally issued, each Warrant entitled the ... (3 KB) |
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