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DIA MET MINERALS ANNOUNCES UPDATE ON DIAMOND EXPLORATION IN NWT, CANADA

 DIA MET MINERALS ANNOUNCES UPDATE
 ON DIAMOND EXPLORATION IN NWT, CANADA
 VANCOUVER, British Columbia, Sept. 15 /PRNewswire/ -- BHP Minerals Canada has released the following information in regard to the diamond exploration joint venture with Dia Met Minerals (Vancouver: DMM), near Exeter Lake, District of Mackenzie, Canada.
 Since the beginning of the 1992 summer season joint venture operations have identified by drilling and mapping a total of nine new kimberlites in addition to the pipe at Point Lake, that was bulk sampled earlier this year. Core samples and small bulk samples from these kimberlites are now being tested for diamond content and the results of these tests are expected later in the year. At least 10 micro diamonds and one macro diamond were recovered from an initial 40 kg sample taken from one of the new kimberlites. Delineation of other probable kimberlites will continue using combined geology, geophysics and geochemistry.
 -0- 9/15/92
 /CONTACT: Chuck Fipke, geologist & director of Dia Met Minerals, 604-861-8660/
 (DMM.) CO: Dia Met Minerals ST: British Columbia IN: MNG SU:


KJ -- LA009 -- 9478 09/15/92 09:03 EDT
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Publication:PR Newswire
Date:Sep 15, 1992
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