Notch Kimberlite Yields Additional High Quality Commerical-Sized Diamonds
DUNNEDIN VENTURES INC.
Suite 1110, 1111 West Georgia Street
Vancouver, BC V6E 4M3
Tel: 778.327.5799 / Fax: 778.327.6675
For Immediate Release TSX-V: DVI
NOTCH KIMBERLITE YIELDS ADDITIONAL HIGH QUALITY COMMERICAL-SIZED DIAMONDS
January 18, 2017 – Vancouver, BC, Canada. – Dunnedin Ventures Inc. (the "Company" or "Dunnedin")
(TSX-V: DVI) is pleased to report additional diamond recoveries from the Notch kimberlite. A third, 43.78
kg sample of Notch returned 4 commercial -sized stones (+0.85 mm) tot alling 0.43 carats, for a sample
grade of 9.72 carats per tonne. The largest recovered diamond was a 0.16 carat clear and colourless
elongated octahedron. Results are provided in the table below along with Dunnedin’s previous results, and
an image of the largest diamond.
Table 1: Diamonds recovered from the Notch kimberlite
Sample
Weight
in Dry
Tonnes
Total
Number of
Diamonds
Recovered
(+0.425
mm)
Total
Carat
Weight
(+0.85
mm)
Endecott Sieve Size (mm)
0.425 0.60 0.85 1.18 1.70 2.36
Sample
Grade
(cpt)
Largest
Diamonds
(carats)
Notch
1 1.02 278 0.66 175 67 26 8 2 0 0.65 0.10, 0.08,
0.05
Notch
2 1.30 318 1.29 179 90 33 11 3 2 0.99 0.23, 0.17,
0.09
Notch
3 0.04 9 0.43 5 0 2 0 2 0 9.72 0.16, 0.08,
0.01
TOTAL 2.36 605 2.38 359 157 61 19 7 2 1.01 -
Figure 1: Image of the largest diamond recovered from the third Notch sample.
Chris Taylor, Dunnedin’s CEO, said, “Dunnedin has three main diamond exploration goals for 2017. First,
we aim to define 10 million carats of Inferred Resource at an average grade of more than 1.0 carat per tonne
through additional drilling of the Kahuna and Notch kimberlites. Second, we plan to bulk sample the
Kahuna, Notch and PST kimberlites to assemble a package of commer cial sized diamonds for valuation
purposes. Third, we plan to drill a number of new diamond indicator mineral sources that have been
identified through till analysis which may represent new diamond-bearing kimberlite pipes and dikes.”
Current Notch results are from a sample randomly partitioned for additional geochemical study, which was
visually similar to other samples of Notch, despite the very high sample grade. Most of the Notch diamonds
recovered by Dunnedin are clear and colourless variants of octa hedra. The Notch sample was treated
through an autogenous mill -fusion circuit located at CF Mineral Research Ltd. of Kelowna, British
Columbia, using a lower size cut-off of 0.425 mm. Unlike standard DMS recovery methods, the circuit can
recover nearly all diamonds present in a kimberlite to the predetermined cut-off size, along with associated
indicator minerals.
The Company has also granted an aggregate of 1,260,000 stock options to directors, advisors and
consultants of the Company, exercisable at $0.21 per share for a period of five years.
Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content
of this news release.
For further information please contact Mr. Knox Henderson, Investor Relations, at 604-551-2360.
On behalf of the Board of Directors
Dunnedin Ventures Inc.
Chris Taylor
Chief Executive Officer
About the Kahuna Project
Kahuna is an advanced stage high grade diamond project located near Rankin Inlet, Nunavut. Dunnedin is
now recovering diamonds and indicator minerals from a series of kimberlite and till samples collected
during two seasons of field work. An Inferred Resource released by Dunnedin showed over 4 million carats
of macrodiamonds (+0.85 mm) at a grade of 1.01 carats per tonne had been defined along the partial strike
length of the Kahuna and Notch kimberlite dikes through shallow drilling. The largest diamond recovered
was 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 original size of 13.42 carats.
Recent results include a 0.82 tonne sample of the PST kimberlite dike which returned 96 macrodiamonds
totalling 5.34 carats (+0 .85 mm) and a 2.36 tonne sample of the Notch kimberlite which returned 89
macrodiamonds totalling 2.38 carats (+0.85 mm). The Kahuna project is located adjacent to the
development-stage Meliadine gold project of Agnico Eagle Mines Ltd and also hosts gold mineralization
in metasedimentary units.
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.
Statements included in this announcement, including statements concerning our plans, intentions and
expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-
looking statements". Forward -looking statements may be identified by words including "anticipates",
"believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that
forward-looking statements, including without limitation those relating to the Company's future operations
and business prospects, are subject to certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward-looking statements.