October 4, 2016 / TheNewswire / Vancouver, BC, Canada. –Dunnedin Ventures Inc. (TSXV:DVI) today announced the conclusion of its summer 2016 field investigation program at its Kahuna project, located near Rankin Inlet, Nunavut.
“Our 2016 field program collected 1,111 till samples across the Kahuna property, approximately ten times the number of samples collected during Dunnedin’s 2015 program,” said Chris Taylor, Dunnedin’s CEO. “Last year’s program effectively identified several new potentially diamond-bearing kimberlite pipe and dike targets. The much larger 2016 program was implemented to expand upon existing diamond indicator mineral trains, and to identify additional prospective diamond sources through testing the down-ice mineral signatures of geophysically interpreted kimberlite pipes and dikes across the property.”
Dunnedin’s 2016 program will employ till sampling and mineral ranking techniques pioneered by its advisor Dr. Charles Fipke and originally applied at Ekati, which can predict the potential of kimberlites to host diamonds with a high degree of confidence. The ranking employs proprietary mineral chemistry filters developed at CF Mineral Research Ltd. (“CFM”) under the direction of Dr. Fipke. Information on the sampling and ranking protocols are provided on Dunnedin’s web site atwww.dunnedinventures.com.
The Company is currently completing diamond recoveries from the PST and Kahuna kimberlites sampled in 2015, along with processing of the 2015 till samples for potential gold content. Results will be issued as received. It is anticipated that processing of the 2016 till samples will be completed in time to guide the upcoming winter program in 2016 – 2017.
The Company also announces that due to the strength of its 2015 results it has staked an additional 21 claims totaling approximately 25,000 hectares to control additional prospective geology at the Kahuna project. The Kahuna project now comprises approximately 60,000 hectares. Dunnedin’s claims now come to within approximately 10 kilometres of the Meliadine mine development site, which is currently under construction by Agnico Eagle Mines Ltd.