DIAMOND EXPLORATION NEWS Nunavut, NWT Attract Spending

SUDBURY CONTACT MINES, a subsidiary of Toronto's AGNICO-EAGLE, has entered into an option agreement covering the RAM property in the Northwest Territories. Sudbury Contact can earn up to a 65% in the property controlled by TRIGON EXPLORATION. The RAM property covers 197,420 hectares in the southeastern Slave Craton. The claim block is centred 85 km southwest of the Snap Lake diamond deposit. Trigon discovered kimberlite indicator minerals in many of the 211 till samples taken. Location maps can be found on Sudbury Contact's web site www.sudburycontact.com.

Vancouver-based DUNSMUIR VENTURES has made public the first results from till samples collected this summer at its Nanuq project in the Western Churchill Province of Nunavut. Kimberlite indicator minerals were found in samples from the head of the main Nanuq indicator mineral train. Results from the 12,000-line-km airborne magnetic survey suggest magnetic anomalies are present in the same area. Dunsmuir's web site, www.dunsmuirventures.com, contains excellent links to sites with more information on diamonds and their geology in North America.