Dunnedin Resumes Drilling at Kahuna Diamond Project, Nunavut
DUNNEDIN VENTURES INC.
Suite 1020, 800 West Pender Street
Vancouver, British Columbia, V6C 2V6
Tel: 604.646.8351 / Fax: 604.646.4526
For Immediate Release TSX‐V: DVI
Dunnedin Resumes Drilling at Kahuna Diamond Project, Nunavut
June 20, 2018 – Vancouver, British Columbia – Dunnedin Ventures Inc. (the "Company") (TSX-V: DVI)
today announced drilling has recommenced at its 1 00% owned Kahuna diamond pr oject, Nunavut. Drill
crews and equipment have been mobilized and drilling of high–priority kimberlite targets is underway.
The Company will be drilling approxima tely 30 targets in June and July 2018. These are mainly located on
the northern half of the property, which was not drilled during the first phase of drilling in April 2018.
Chris Taylor, Dunnedin’s CEO said, “The northern proj ect area hosts a dense concentration of kimberlite
occurrences and has the most abundant high-quality di amond indicator mineral (DIM) chemistry recovered
from our till sampling programs to date. Over 30 histor ic drill-confirmed kimberlites are known in this area,
including approximately 12 kimberlite pipes and a numbe r of kimberlite dikes, the largest of which is the
highly diamondiferous Kahuna dike. We have excellent DIM results in the northern project area that
correlate to kimberlite pipe-style geophysical targ ets and will drill as many as possible between now and
mid-July.”
Figure 1: Commercial-sized rough diamonds collected by Dunnedin from the Kahuna kimberlite in the
northern project area as reported on February 8, 2017.
In addition to a large number of pipe targets the northern project area hosts the Kahuna kimberlite dike which
contains a significant diamond resource that remains open to expansion along strike and at depth. It has been
drilled to shallow depths of genera lly less than 80 metres across approxi mately 4 kilometres of strike, and
contains an Inferred Resource of 3,189,000 carats of diamonds (+0.85 mm) from 3,066,000 tonnes of rock,
with a bulk sample grade of 1.04 carats per tonne (news release of January 26, 2015).
Figure 2: Drill targets to be tested during June and July 2018
Details of the Drill Program
The Company is using the same Rotary Air Blast (RAB) drill rig employed during the April drill program to
test the maximum number of targets. RAB drilling is faster and less expensive than comparable drill
techniques, and will allow the Company to rapidly confirm:
1) Whether kimberlite is present at each target,
2) The size of each kimberlite occurrence, and
3) In conjunction with lab results, whether the kimberlite is diamond-bearing.
While many of the identified kimberlite targets are expected to be at or nearly exposed at surface, several of
the targets to be tested in June and July are cove red by 10–20-metre-thick glacial sediment and are thus not
directly exposed. In addition to directly testing kimb erlite targets, the RAB drill will also collect DIMs from
these sediments. The concentration of DIMs at each drill site will inform the Company regarding proximity
to nearby diamond-bearing kimberlite sources, thereb y enhancing the Company’s surface-based till sampling
results. This information will be used during follow-up drill programs to vector into covered diamondiferous
kimberlites that remain undrilled during the current phase of work.
The current RAB drilling is expected to reach depths of 50 to 100 metres, with th e goal of collecting up to
250 kilograms of material from each new kimberlite. The material will be analyzed for microdiamond
content and results are expected to be received fr om the lab approximately 8-10 weeks after the drill
campaign concludes.
Kimberlites that prove to be significantly diamondiferous will be further drill-tested to determine geometry
and to obtain mini-bulk samples that will allow the Company to construct diamond curves characterizing the
grades and size distributions of diamonds from each target.
The Company is currently awaiting diamond results from kimberlitic material collected during the first phase
of drilling in April.
Jeff Ward, P.Geo, Vice President Exploration and a Qualified Person under Nationa l Instrument 43-101, has
reviewed and approved the technical information contained in this release.
For further information please contact Mr. Knox Henderson, Investor Rela tions, at 604-551-2360 or
On behalf of the Board of Directors
Dunnedin Ventures Inc.
Chris Taylor
Chief Executive Officer
About the Kahuna Project
Dunnedin Ventures Inc. (TSX-V: DV I) is a Vancouver-based company whose primary asset is the 100%
owned, advanced-stage Kahuna Diamond Project in Nunavut which hosts a high-grade, near surface inferred
diamond resource and numerous kimberlite pipe targets. The Company holds diamond interest in 1,664
km2 of mineral tenure located 26 kilometers northeast of Rankin Inlet and adjacent to Agnico Eagle’s
Meliadine gold mine. To define and prioritize kimber lite pipe targets Dunnedin has evaluated an extensive
historic data set and recovered diamonds and indicator minerals from a series of kimberlite and till samples
over three seasons of field work. Working with adviso r and shareholder Dr. Chuck Fipke, the Company has
used the same till sampling and mineral screening prot ocols employed during Dr. Fipke’s discovery of
Canada’s first diamond mine at Ekati, N.W.T., but improved by over 20 years of additional diamond data
and experience. The Kahuna Diamond Project has an Inferred Resource Estimate of 3,987,000 tonnes at an
average grade of 1.01 carats per tonne, totalling over 4 million carats of diamonds (+0.85 mm) (see news
release dated March 31, 2015). The largest diamond recovered from the property to date is a 5.43 carat stone
from the Kahuna dike which was a piece of a larger diamond that had been broken during the sample
preparation process and was reconstructed as having an or iginal size of 13.42 carats. Dunnedin is backed by
a world-renown team of diamond experts with decades of combined experience in Arctic exploration and
capital market strength.
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.