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dunnedin ventures inc (OCPFF) Snapshot

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dunnedin ventures inc (OCPFF) Details

Dunnedin Ventures Inc. engages in the exploration and development of base, precious metals, and diamonds in the Americas. It primarily holds an option to acquire a 100% interest in the Kahuna Diamond project, an advanced stage high grade diamond project located near Rankin Inlet, Nunavut, Canada. The company was formerly known as Ocean Park Ventures Corp. and changed its name to Dunnedin Ventures Inc. in August 2013. Dunnedin Ventures Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada.

Founded in 1987

dunnedin ventures inc (OCPFF) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: --
Chief Financial Officer, Director and Member ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

dunnedin ventures inc (OCPFF) Key Developments

Dunnedin Ventures Inc. Announces First Diamond Results 2015 Summer Field Investigation Program

Dunnedin Ventures Inc. announced the first diamond results from the company's 2015 summer field investigation program. A 0.82 tonne sample of the PST kimberlite has yielded 96 macrodiamonds (+0.85 mm) totaling 5.34 carats, for a sample grade of 6.50 carats per tonne. The sample grade is higher than the historically reported result of 2.18 carats per tonne, and recovered diamonds include an octahedral crystal weighing 0.77 carats and a polycrystalline diamond weighing 2.22 carats. A preliminary examination of the diamonds suggests approximately 50% to 60% are clear and colourless. Over the next several months, diamonds will continue to be recovered from kimberlites sampled this summer. The company will also process over 180 sieved till concentrates collected across the property that are expected to generate new targets; mapping and interpretive work have revealed an extensive network of kimberlite-intruded structures with many potential dike, dike blow and pipe targets on the property. The PST 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. The company did not opt to recover diamonds below a 0.425 mm cut-off as the large population of diamonds retrieved was already sufficient for sample characterization. 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 notes that the reported sample results do not constitute a deposit grade, and insufficient work has been completed to date to define a mineral resource at PST. The PST kimberlite was not included in the 4 million carat Inferred Resource based on shallow drilling along partial strike lengths of the Kahuna and Notch kimberlites that was released by Dunnedin earlier the year 2015.

Dunnedin Ventures Inc., Annual General Meeting, Jul 30, 2015

Dunnedin Ventures Inc., Annual General Meeting, Jul 30, 2015., at 10:00 Pacific Standard Time. Location: 2200 ­ 885 West Georgia Street. Agenda: To receive and consider the Audited Financial Statements for the financial year ending September 30, 2014, together with the Auditors' Report thereon; to appoint BDO Canada LLP, Chartered Accountants, as auditor of the company for the ensuing year, at a remuneration to be fixed by the directors; to set the number of directors for the ensuing year at five (5); to elect directors to hold office until the next annual general meeting of the company; to approve the company's amended stock option plan, as set out under the heading "Approval of Rolling Stock Option Plan" in the attached Information Circular; and to transact such other business as may properly come before the Meeting or at any adjournment thereof.

Dunnedin Ventures Inc. Receives Land Use Permits from the Kivalliq Inuit Association to Begin Field Investigations at the Kahuna Diamond Project, Located in Nunavut, Canada

Dunnedin Ventures Inc. reported that it has received land use permits from the Kivalliq Inuit Association to begin field investigations at the Kahuna diamond project, located in Nunavut, Canada. The company is also pleased to announce the addition of Ms. Claudia Tornquist as an Advisor to the company. The land use permits will allow the company to complete important preparatory field work during summer 2015 that will facilitate a bulk sampling program slated to begin this coming winter. The company plans to complete a minimum of 500 tonnes of bulk sampling in order to assemble a 500 to 1000 carat diamond parcel for economic valuation. Bulk sampling will require additional permitting and the company looks forward to building its relationship with the local residents of Rankin Inlet and members of the Kivalliq Inuit Association. This summer's field work will also enable the company to further evaluate the known diamondiferous kimberlites, explore additional highly prospective targets that have been identified using the extensive historic database, and evaluate drill sites to support expansion of the recently published NI 43-101 compliant Inferred Resource of approximately 4 million carats of macrodiamonds (+0.85 mm) at a grade of 1.01 carats per tonne at the Kahuna and Notch kimberlites.


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