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Dominion Diamond Corp.

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Summary

Project:

Ekati

Deposit:Leslie
Location:Canada
Commodities:Diamonds
Date:5/18/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Active Mining & Production
Report details:18-5-2017: Dominion Diamond Corp. announces a Resource Estimation report for its Leslie deposit at the Ekati project. Initial mineral resource estimate for Leslie kimberlite pipe at Ekati mine. YELLOWKNIFE, NT (May 18, 2017) – Dominion Diamond Corporation
Resources:(Resource, Inf.): 50.8Mt @ 0.3c/t at Leslie
CP/QP:[Resources]: Peter Ravenscroft (Burgundy Mining Advisors Ltd)
ABSTRACT:YELLOWKNIFE, NT (May 18, 2017) – Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) today provided an update on its renewed strategic focus on greenfield exploration activities at the Ekati Diamond Mine (“Ekati mine”), Diavik Diamond Mine (“Diavik mine”) and other properties in the Lac de Gras region in the Northwest Territories in Canada. The Company also announced a maiden resource at the Leslie kimberlite pipe at the Ekati mine. “Our renewed focus on exploration is generating strong results along the entire project pipeline, reflecting near-, mid- and longer-term potential,” said Jim Gowans, Chairman of the Board. “We expect to complete pre-feasibility studies on Misery Deep and Fox Deep during the current fiscal year, and have identified high potential pipes in proximity to our existing infrastructure in the Lac de Gras region. The Leslie pipe is our highest-priority pipe amongst kimberlites that have been bulk sampled, as demonstrated by the announcement of its maiden resource.” “We are mining and exploring in what is still a relatively young mining district,” continued Gowans. “There has been no greenfield exploration at Ekati since 2007, and of the 150 known kimberlites, only about 40 have had follow-up bulk sampling. We believe there is strong potential for further exploration success at Ekati and Diavik, and throughout the highly-prospective Lac de Gras region.”

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