Diamond Frank Exploration Inc. Increases its Commandant Property and Continues its Exploration Campaign
(firmenpresse) - LAVAL, QUEBEC -- (Marketwire) -- 01/10/12 -- Diamond Frank Exploration Inc. ("Diamond Frank") (TSX VENTURE: DOD) announces that it has received confirmation from the Quebec Department of Natural Resources and Wildlife that it holds 102 additional claims to the north and west of its Commandant property. The property "Commandant Extension" covers 5,920 hectares, bringing the total area controlled at 100 % by Diamond Frank Exploration Inc. in this region to more than 9,637 hectares.
This acquisition follows the results of prospecting, soil geochemistry and airborne geophysics conducted on the property and indicating that the Commandant favorable areas (gold, base metals) could extend to the northwest. Diamond Frank Exploration Inc. have completed an aerial geophysical survey (VTEM and MAG) on Commandant Extension property.
Regarding the Commandant property, Diamond Frank Exploration Inc. has commissioned the firm Abitibi Geophysics to conduct an INFINITEM survey with the aim to localize the ground signature of the different anomalies detected during the aerial survey conducted earlier. Preliminary results of this survey have recently been received by Diamond Frank and indicate the presence of several conductive anomalies that surrounds the ultramafic intrusion already discovered. The main INFINITEM conductors discoveved on the property are continuous over 500 metre. The geophysical interpretation concludes that these conductors are high quality ones. Note that some airborne and INFINITEM anomalies have been surveyed on the ground with a Beep Mat. A strong conductor on the edge of the ultramafic intrusion responded well and allowed the discovery a whole new copper, silver and palladium mineralized showing. Results from samples have returned: 0.7% Cu, 5 g / t Ag and 55 ppb Pd. The discovery of this new mineralized area associated with a favorable and unexplored geological setting, shows that the strategy put forward by Diamond Frank Exploration Inc. to generate new exploration target works.
The Commandant property was acquired for its gold and base metals potential. It is located 70 km south of the city of Val-d'Or, at the boundary of the Superior and Grenville geologic provinces. For more information on this property and the works done, visit our new website at
QUALIFIED PERSON
Mr. Robert Gagnon, P. Geo. (OGQ), a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.
The common shares of Diamond Frank Exploration Inc. are listed on the Venture Stock Exchange under the symbol "DOD".
Forward-looking statements
This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank's management at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
A map is available at the following address:
Contacts:
David Mc Donald
President and CEO
450.622.5785
Toll free: 1.877.622.4004
450.622.4337 (FAX)
Exploration Office (MontBrun)
819.637.2096
819.637.2076 (FAX)
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Unternehmensinformation / Kurzprofil:
Datum: 10.01.2012 - 15:43 Uhr
Sprache: Deutsch
News-ID 102789
Anzahl Zeichen: 0
contact information:
Town:
LAVAL, QUEBEC
Kategorie:
Mining & Metals
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