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DDN Diamonds North Resources Ltd

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Share Name Share Symbol Market Type
Diamonds North Resources Ltd TSXV:DDN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
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Diamonds North Starts Copper-Silver-Bismuth Exploration Project at Hepburn

17/08/2011 4:46pm

Marketwired Canada


Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces that the 2011
exploration program has begun on the Hepburn property in the Northwest
Territories. The program will focus on delineating areas of concentrated
mineralization for drilling using induced polarization (IP) surveying and
prospecting.


"The Hepburn property has already demonstrated high copper silver potential
along with bismuth, uranium and gold credit. Successfully identifying drill
targets on this property would be a significant advancement," says Mark Kolebaba
President and CEO of Diamonds North.


Initial grab samples from the property returned values up to 19.8% copper, 123.0
grams per tonne silver, 0.20% uranium and 0.17% bismuth. These showings appear
to be associate with a 3.5 kilometre by 1.5 kilometre magnetic high which is
semi-coincident with a radiometric anomaly detected by airborne surveying.
Anomalous gold values suggest the system is gold bearing (see news release March
4, 2010).


In addition to the Hepburn property the Company is actively exploring for gold
on Southern Nunavut properties including the Esker Property. To view a video
presentation of the Esker Gold Property, visit our website
www.diamondsnorth.com.


Bruce Kienlen (P. Geol) and Graham Gill (P. Geo) are Diamonds North's qualified
persons as defined by National Instrument 43-101, reviewing this project.


About Diamonds North

Diamonds North Resources is rapidly evolving and committed to building long-term
value for shareholders through ongoing discoveries and leveraging business
opportunities from our vast land holding.


On behalf of Diamonds North Resources Ltd.

Mark Kolebaba, President & CEO

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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