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Mar 12, 2008 : Diamonds North Receives Diamonds Results for Char Kimberlite more...
Mar 10, 2008 : Diamonds North Receives Diamond Results for Qavvik-5 & Qavvik-6 - Plan... more...
Feb 15, 2008 : Options Granted more...
Feb 04, 2008 : Diamonds North Announces Qavvik-1 Kimberlite Results on Amaruk more...
Jan 28, 2008 : 326 Targets Identified on Ualliq Property more...
Jan 17, 2008 : Higher Nickel Values from Diamonds North's Nickel Discovery more...
Jan 14, 2008 : Diamonds North Announces Two More Kimberlites With High Diamond Counts... more...
Jan 08, 2008 : Diamonds North Recovers 550 Diamonds from 81.75 Kilograms of Tuktu-1 K... more...
Dec 13, 2007 : Siku Project Update more...
Dec 05, 2007 : Ualliq Project Update more...
Nov 30, 2007 : Diamonds North Completes Flow-Through Financing more...
Nov 30, 2007 : Diamond Market Conditions and Sakari Update more...
Nov 23, 2007 : Diamonds North Announces Flow-Through Financing more...
Oct 31, 2007 : New Nunavut Nickel Discovery more...
Oct 10, 2007 : Diamonds North Increases Kimberlite Tally to 22 on Amaruk more...
Sep 11, 2007 : Diamonds North Discovers 11 New Kimberlites on Amaruk more...
Aug 24, 2007 : Diamonds North Completes Flow-Through Financing more...
Aug 15, 2007 : Diamonds North Announces Flow-Through Financing more...
Jul 20, 2007 : Diamonds North Completes Banks Island Acquisition more...
Jul 19, 2007 : Diamonds North Announces Flow-Through Financing more...
Jul 11, 2007 : Diamonds North Provides Update on Hepburn more...
Jul 05, 2007 : Diamonds North acquires 100% interest in the Banks Island Project more...
May 24, 2007 : Diamonds North Expands Amaruk Exploration Program Bulk Samples & Drill... more...
May 16, 2007 : Diamonds North Resources And Arctic Star Plan C$1,500,000 Exploration ... more...
May 10, 2007 : Options Granted more...
May 04, 2007 : Diamonds North Resources AGM Thursday May 10th, 2007 and Options Grant... more...
Apr 24, 2007 : Char Kimberlite Yields High Diamond Counts All Drilled Kimberlites Pro... more...
Apr 18, 2007 : Diamonds North Resources And International Samuel Approve C$1,000,000 ... more...
Apr 17, 2007 : Diamonds North Resources And Shear Minerals Ltd. Approve C$185,000 Exp... more...
Mar 29, 2007 : Diamonds North Resources Recovers 515 Diamonds From Qavvik Kimberlite more...
Mar 20, 2007 : Diamonds North To Drill The Hepburn Project, Over 200 Kimberlite Targe... more...
Mar 12, 2007 : Diamonds North Resources Retains Genoa Management Limited For Investor... more...
Feb 28, 2007 : Options Granted more...
Feb 15, 2007 : New Diamond Discoveries on Amaruk more...
Jan 10, 2007 : Diamonds North and Majescor Identify High Priority Drill Targets on Ba... more...
Jan 08, 2007 : Amaruk Project Update Diamond Results Pending for Five Kimberlites - P... more...
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Fri Nov 30, 2007
Diamond Market Conditions and Sakari Update
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Robert Gannicott, Chairman and CEO of Harry Winston recently commented on diamond market conditions:
"This is a good time to be looking at a diamond investment." Chairman and Chief Executive Robert Gannicott said in an interview, noting increased demand from consumers in emerging economies like China and India. "This is first time in the modern history of diamonds that they face a significant shortage of supply."
For the complete article please visit our website diamondsnorthresources.com/s/Cdn_Facts.asp
SAKARI PROJECT UPDATE
Vancouver, November 30th, 2007---Diamonds North Resources (DDN: TSX.V) and Shear Minerals Ltd. (SRM: TSX.V) today announced completion of the 2007 exploration program at the Sakari Project, Nunavut that has confirmed 10 priority geophysical kimberlite targets.
The partners completed 1,930 line kilometers of high resolution magnetic airborne surveying over the property in late August, 2007. Due to the late completion date of the survey, only 30% of the geophysical data has been reviewed in a cursory fashion. From this review, 10 targets have been selected for follow-up exploration in 2008. The airborne survey was flown at 100 metre line spacing by Universal Wing Geophysics Corp. Final interpretation and drill target selection of the entire dataset will be completed over the next few months in preparation for the 2008 season.
Prior to the end of the exploration season, one target selected from preliminary unleveled geophysical data was ground surveyed and subsequently drill tested using a lightweight reverse circulation drill. No kimberlite was intersected.
This program was part of an approved $185,000 exploration program for 2007. The Sakari project is located in the Franklin Kimberlite District of Nunavut adjacent to the Darby property where nine kimberlites have been discovered to date. Shear Minerals Ltd. has earned a 50% interest in the Sakari property and Diamonds North is the project operator.
G. Gill (P. Geo) and B. Kienlen (P. Geol) are Diamonds North's Qualified Persons as defined under NI 43-101 responsible for project design and data review on this project. Ms. Pamela Strand, P. Geol. is Shear Minerals Qualified Person as defined under NI 43-101 and will be responsible for data review by Shear Minerals on this project.
ABOUT DIAMONDS NORTH
Diamonds North Resources is the dominant explorer in the Pelly Bay region and is focused on discovering Canada's next diamond mine. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.
ON BEHALF OF THE BOARD OF DIRECTORS:
Mark Kolebaba
President & CEO
Diamonds North Resources Ltd.
Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone:
Facsimile:
Website: www.diamondsnorth.com
Email:
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
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