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Dunnedin Ventures - Diamonds and Gold in Proven Belts with Blue Sky Potential

March 1, 2017
by
Investing News
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Dunnedin Ventures - Diamonds and Gold in Proven Belts with Blue Sky Potential

TL;DR

Dunedin Ventures is a diamond exploration and resource development company with a unique project that combines high-grade diamond bodies with gold mineralization in Canada.

Transcript

hi I'm Chris Taylor I'm the CEO of Dunedin ventures the trading symbol is DVI on the Toronto Venture Exchange Dunedin is primarily a diamond exploration and resource development company we have a project that we're earning a hundred percent interest in that's just outside of Rankin Inlet in nunavut canada Dunedin ventures is a diamond resource and ... Read More

Key Insights

  • ♦️ Dunedin Ventures is a diamond exploration and resource development company with a project in Nunavut, Canada.
  • ♦️ The project has a resource estimate of approximately 4 million carats of diamonds, with high-grade diamond bodies being discovered recently.
  • 🏅 Dunedin Ventures' project also contains gold mineralization, making it a unique combination of high-grade diamonds and gold.
  • 👻 The project's size allows for potential discovery opportunities and expansion.
  • 🌱 The company plans to separate the gold assets from the diamonds through a spin-out process.
  • 🏅 The project's historical data confirms the presence of gold mineralization in bedrock and till sampling.
  • 🏅 Dunedin Ventures' project interlocks with the Meliadine gold project, known for its significant gold resources.

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Questions & Answers

Q: What is Dunedin Ventures primarily focused on?

Dunedin Ventures is primarily focused on diamond exploration and resource development, with a project just outside of Rankin Inlet in Nunavut, Canada.

Q: What is the resource estimate for diamonds on Dunedin Ventures' project?

The resource estimate for diamonds on Dunedin Ventures' project is approximately 4 million carats, with recent high-grade diamond bodies ranging from 1 carat per tonne to 6.5 carats per tonne.

Q: What other mineral did Dunedin Ventures discover on their project?

Dunedin Ventures also discovered gold on their project, with the property interlocking with the Meliadine gold project, which has combined resources and reserves of over 10 million ounces of gold.

Q: Why is Dunedin Ventures' project unique compared to other locations in the world?

Dunedin Ventures' project is unique because it is the only known occurrence where high-grade diamond-bearing kimberlites have intruded gold mineralized greenstone belts.

Summary & Key Takeaways

  • Dunedin Ventures is earning a 100% interest in a project just outside of Rankin Inlet in Nunavut, Canada, focusing on diamond exploration and resource development.

  • The company has published a resource estimate of approximately 4 million carats of diamonds, with recent results showing high-grade diamond bodies ranging from 1 carat per tonne to 6.5 carats per tonne.

  • In addition to diamonds, Dunedin Ventures has also discovered gold on their project, making it the only occurrence known worldwide where high-grade diamond-bearing kimberlites have intruded gold mineralized greenstone belts.


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