Diamond Discoveries Intl (DMDD)

 

 

 

 

 

 

http://quebecdiscoveries.com/

 

 

Share Structure

Total Shares Issued --426,303,795.
 Float -- 83,000,000 
Approximately -- 400 shareholders. 


Transfer Agent

Direct Transfer LLC 
 e-mail ta@issuerdirect.com
 919.481.4000 
 

Contact:

 

 

 

 

Press Releases

http://quebecdiscoveries.com/investors/press-releases/

 

Financials 

http://www.otcmarkets.com/stock/DMDD/financials

 

DMDD ~ link to NI43-101

 

http://quebecdiscoveries.com/wp-content/uploads/2010/11/43-101-dmdd.pdf

 

Diamond Discoveries International Corp. Fact Sheet

 

http://quebecdiscoveries.com/wp-content/uploads/2010/11/T-Sheet-101.pdf

 

 

Property

 

The Caribou property is located approximately 200 kilometers NE of Montreal,  Quebec and at 5 kilometers south of the City of Thetford Mines, Quebec (Figures 1). The property lies within the NTS 21E/14 and 21L/03 map sheets and is centered on 324,000 mE and 5,099,000 mN (UTM Nad 83). The property consists of 143 mining claims totalling 6,236 hectares.

The property is easily accessible by road and secondary roads from Thetford Mines. A large swamp covers the central part of the property, while spruce forest and mixed deciduous and coniferous forest cover the northern and southern extremities. The relief rarely exceeds 50 meters, except where eskers and glacial deposits are found. The local climate is that of the Canadian Shield at this latitude, that is to say typically continental, with hard winters extending from October to April, snow which can reach several meters and of total precipitation of 80 centimeters per year. The summers are relatively hot and fairly wet.

Several explorations and exploitations works were completed on the property and in the area since 1835 today.

The area of the Caribou property is located within the Southern Québec Ophiolite Belt (J.H. Bédardand al, 2001), that comprises four major ophiolitic complexes: the Thetford Mines (TMOC),
Asbestos (AOC), Lac Brompton (LBOC), and Mont

Chauve/Mont Oxford (MOOC) complexes, and numerous smaller sliver (e.g. the Rivière des Plantes ophiolitic melange). The Caribou property is located within the Thetford Mines Ophiolitic Complexe (TMOC). The TMOC consists of a complete ophiolitic sequence showing a polarity towards south-east. Theoretically, such a sequence is composed, of the base to the top, a tectonite peridotite being able to contain dunite lenses, a zone of transition from dunitic composition, mafic cumulats, hypabyssal rocks containing layed dykes and a volcanic formation. The origin of the transition zone is prone to controversy. A school interpretes as the base of the sequence with cumulats while the other indicates that dunites forming this zone represent the result of the interactions, which occur when a basaltic magma crosses the peridotite. For holding of the first school, the limit between the mantle and the oceanic crust, also called "petrographic Moho", is located at the base of the transition zone, while for holding of the second school the "petrographic Moho", is located at its top.

On the property and In the area of this, several types of mineralization are presents (Hydrothermal Deposit (Serpentines-Listwaenites); Hydrothermal Deposit Magmatic Chromites Deposits of Planiferous Sedimentary); Exhalative volcanogenous NI 43-101 Technical Report on the Caribou Property - Diamond Discoveries International Corp. Geologica

Referred to as the "noble metals" in the periodic table of elements due to their rarity and unique properties, PGE's are extremely efficient and durable. In addition to jewellery, PGE's are at the centre of technological and environmental advances in the fields of autocatalysts, power generation, alternative fuel sources (fuel cells), transportation, electronics and healthcare. The largest PGE deposits are found primarily in South Africa and Russia, while North America accounts for a lesser proportion of PGE output.
Groupe - Conseil Inc. Deposit ("Cyprus" Type- Mafic Volcanism); Exhalative volcanogenous Deposit ("Kuroko" Type- Felsic Volcanism); Hydrothermal Deposit (sericite schistes) and Hydrothermal Deposit (ductile rocks).

Eleven (11) deposits and showings are presents on the Caribou property (Montréal Mine, Caribou Mine, American Chrome Deposit, American Chrome Jr., Finneth, César, Dumais, Vaillancourt, Gagné, Greenshields and Lambly-Nadeau/Victoria Mines). These deposits and showings show good potential for chromium and platinum mineralizations, Compiling and analyzing all previous work led to sensing a very close relationship between the cumulate sequence of the Thetford Mines Ophiolitic Complex, chromiferous mineralization, and Platinum Group Element (PGE) mineralization.More than eleven (11) known chromite deposits and showings on DMDD's property were recognized and defined until today. The results of the past work are very interesting and significant for DMDD since they not only confirm the presence of platinum and palladium on the Caribou Property, but also seem to show that PGE mineralization is preferentially associated with the contact between the ultramafic and mafic units of the Thetford Mines Ophiolitic Complex. The latter observation opens up very great exploration potential since more than 10 km of the contact is present on the Caribou Property. Large-scale mapping of the contact led to identifying new PGE showings.

 

 

Black Lake Mine - Thetford Mines, Quebec

Moreover, the recent sampling on the Starchrome showing by Amseco Exploration Ltd., immediately to the south of the Caribou property, has confirmed the possibility of finding economic grades of platinum and palladium. In fact, a grab sample (sample SC-1) has revealed 15.93 g/t Pt,Pd and 0.427 ppm Rh (Press Release dated March 06,2008). Previously a channel sampling carried out by Allican had revealed a total platinumpalladium value of 2.61 g/t, 3.83 g/t, and 4.66 g/t over widths of 4.7 m.v

 

 

Montréal Mine in 1913

A total of 34,000 tons of ore has been produced from the periods of 1894-1899, 1901-1903, 1907-1910, 1915-1918, and 1941-1949, with an average grade of 40.44% Cr203 (27.67 CR) were produced.

 

Montréal Mine - Present

 

Updated Drill Target Map Caribou Property

 

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