Diamond Frank Inc. Intersects Graphite on the Commandant Project
10.10.2012 | Marketwire
LAVAL, 10/10/12 - Diamond Frank Exploration Inc. (TSX VENTURE: DOD) announces the results of its 2012 drilling campaign on the Commandant Project of which one drillhole has intersected two (2) graphitic bands.The first drillhole (COM-12-01) initially planned for a depth of 500 meters, was extended to a depth of 648 meters. This drillhole has mainly intersected diorite units and highly to very highly sheared and deformed sediments (greywacke) and several tonalitic intrusions with centimetric to metric pegmatite dykes. Some pyroxenitic and grabbroic intrusions were also intersected. Some centimetric pyritic zones, with traces to 1% of chalcopyrite and pyrrhotite were intersected and well explain the targeted conductor.
The table below shows the best values obtained.
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# DDH TO LENGTH
SAMPLE FROM (m) (m) (m) Ag (ppm)
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COM-12-01 K363185 68.50 69.50 1.00 0.5
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K363186 69.50 70.50 1.00 0.2
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K363187 70.50 71.50 1.00 -0.2
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K363188 71.50 72.50 1.00 0.3
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K363197 80.00 81.00 1.00 0.2
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K363198 81.00 82.00 1.00 0.3
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K363199 82.00 83.00 1.00 0.2
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K363207 116.50 117.50 1.00 0.2
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K363208 117.50 118.50 1.00 0.2
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K363210 119.50 120.50 1.00 -0.2
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K363211 120.50 121.50 1.00 0.3
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K363212 121.50 122.50 1.00 -0.2
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K363213 122.50 123.50 1.00 -0.2
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K363214 123.50 124.50 1.00 -0.2
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K363219 128.50 129.50 1.00 0.2
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K363220 129.50 130.50 1.00 0.2
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K363221 130.50 131.50 1.00 -0.2
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K363222 131.50 132.50 1.00 -0.2
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# DDH Cr (ppm) Cu (ppm) Ni (ppm) Zn (ppm)
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COM-12-01 168 237 166 1425
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145 143 108 1085
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131 121 102 1315
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152 230 132 1330
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725 116 1095 90
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573 60 1395 33
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500 72 1310 40
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984 172 1250 32
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1115 43 1165 73
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135 198 93 1065
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201 175 134 1905
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405 337 249 386
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1215 111 752 71
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1440 189 608 166
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145 160 90 1025
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344 213 167 561
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203 297 145 881
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141 131 105 1200
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The second drillhole, (COM-12-02), planned for a depth of 800 meters, was extended to a depth of 946 meters. This drillhole has intersected lithological units similar to those of (COM-12-01). This drillhole targeted a geophysical anomaly (very strong conductor) which is explained by the presence of two (2) graphitic breccia zones within a strongly folded and deformed fine grained sedimentary sequence (greywacke). These graphitic zones show respectively relative thicknesses of 0.8 m and 0.3 m. Graphite is semi-massive to massive with medium grain size. Some centimetric sulphide-rich zones (pyrrhotite, pyrite and chalcopyrite) within a pyroxenitic unit were intersected and revealed some silver, chromium, copper, nickel and zinc anomalous values. (See table below)
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# DDH TO LENGTH
SAMPLE FROM (m) (m) (m) Ag (ppm)
------------------------------------------------------------------------
COM-12-02 K363468 43.00 44.00 1.00 -0.2
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K363476 51.00 52.00 1.00 -0.2
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K363498 130.00 131.00 1.00 0.2
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K363499 131.00 132.00 1.00 -0.2
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K362901 132.00 133.00 1.00 -0.2
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K363036 642.00 643.00 1.00 0.3
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K363037 643.00 644.00 1.00 0.8
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K363042 648.00 649.00 1.00 2.6
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K363043 649.00 650.00 1.00 0.3
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K363044 650.00 651.00 1.00 0.2
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K363045 651.00 652.00 1.00 -0.2
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K363046 652.00 653.00 1.00 0.6
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K363047 653.00 654.00 1.00 0.4
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K363110 711 712 1 -0.2
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# DDH Cr (ppm) Cu (ppm) Ni (ppm) Zn (ppm)
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COM-12-02 134 262 333 1790
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141 151 322 1080
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1120 5 745 56
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1000 169 1450 278
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1045 201 1515 62
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1520 110 875 46
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1990 13 665 165
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16 561 254 2890
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371 604 464 283
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677 157 495 410
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557 26 284 129
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139 719 450 433
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24 1200 238 280
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1020 37 1015 24
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Let's recall that the Commandant Property is located at the limit between the Superior and Grenville Geological Provinces. An article on graphite was published October 3rd 2012 in "La Presse" newspaper, on pages 2 and 3 of the "Affaires" section.
ABOUT DIAMOND FRANK EXPLORATION INC.
Diamond Frank Exploration Inc. is banking on its properties' excellent mineral potential for the development of new, world-class deposits.
For more information, visit SEDAR's website at www.sedar.com or the company's website at www.diamondfrank.com
The common shares of Diamond Frank Exploration Inc. are listed on the Venture Stock Exchange under the symbol "DOD".
QUALIFIED PERSON
Mr. Daniel Gaudreault, P. Eng., Geol. (OIQ), from Geologica Groupe-Conseil Inc., is the Qualified Person as defined by National Instrument 43-101, to supervise the preparation of this press release.
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 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
Contacts:
Diamond Frank Exploration Inc.
David Mc Donald, President and CEO
450.622.5785
450.622.4337 (FAX)
info@diamondfrank.com
www.diamondfrank.com