Diamond Fields International has released results from the 2003 fieldwork conducted on its nickel project located on Ammassalik Island off the southeast coast of Greenland. Mapping and sampling have extended the strike length of the most prospective horizon to over 40 kilometres in four structurally repeated slices. Fieldwork has recovered locally derived boulders with anomalous (0.2 per cent to 1 per cent) nickel emanating from three of the four horizons. Similarity to the Raglan and Thompson nickel mineralization and supracrustal host rock lithology has been confirmed by this season’s field mapping and subsequent geochemical and petrographic analysis.
Fieldwork conducted in 2003 included regional mapping and sampling, along and across strike from the original discovery outcrop. A 17-kilometre-long continuation of the gossanous volcanic horizon that hosts the original discovery outcrop was mapped, and prospecting across strike has established that the same rusty horizon has been repeated four times by folding and/or faulting during the trans-Hudson orogenic event. The individual exposures of the supracrustal package vary in strike length from six kilometres to over 20 kilometres within the Ammassalik property.
Diamond Fields’ geologists are greatly encouraged by these results and plan to conduct an airborne magnetic/electromagnetic geophysical survey as soon as weather permits. This survey will identify areas of massive sulphide concentration within the generally rusty weathered host horizon. Geophysical anomalies identified from this survey will be followed up with mapping and sampling of the target areas in outcrop exposures to delineate high-grade mineralization. If time allows, the prospective targets will be drill tested at the end of the field season.
The Ammassalik nickel project is centred on a discovery situated on the south coast of Ammassalik Island, six kilometres southwest of Tasiilaq, east Greenland. The property is centred on a nickel-copper-platinum-group-element-gold showing hosted by serpentinized ultramafics of potentially komatiitic affinity. The initial nickel discovery was evaluated with 52 metres of systematic chip sampling of the deeply weathered surface at the discovery outcrop yielding an average 1 per cent nickel, 0.3 per cent copper, 0.012 gram per tonne platinum, 0.239 gram per tonne palladium, 0.155 gram per tonne gold, 553 grams per tonne cobalt and 2.4 grams per tonne silver.
Infrastructure in the area is centred around the town of Tasiilaq, which has a population of approximately 1,500. The community is fully serviced by public amenities such as harbour, power plant, hospital, airport/heliport, schools and shopping facilities.
The Greenland nickel project was acquired from Jean-Raymond Boulle, DFI’s controlling shareholder who was the founder, chairman and chief executive officer of DFI’s predecessor Diamond Fields Resources. Inco purchased DFR for $4.3-billion in 1996 after the discovery of the massive Voisey’s Bay nickel deposit in Newfoundland.
Randal Cullen, chief geologist for Diamond Fields International, is a qualified person as defined by National Instrument 43-101, and is responsible for program design and quality control of exploration undertaken by Diamond Fields.
WARNING: The company relies upon litigation protection for “forward-looking” statements.
