Diamond Discoveries International Corp.
OTC Bulletin Board : DMDD

Diamond Discoveries International Corp.

May 16, 2006 09:30 ET

Diamond Discoveries Provides eResearch Analyst Commentary

TORONTO, ONTARIO--(CCNMatthews - May 16, 2006) - Diamond Discoveries International Corp. (OTCBB:DMDD), would like to provide an Analyst Commentary by analysts,Stephen Mussart,B.A.,MBA,and Bob Weir,B.Sc.,B.Comm.,CFA of the firm Independent Equity Research Corp, based in Toronto,Canada.

The commentary was created as a result of the company's news release of May 8th, titled "Diamond Discoveries Enters into Agreement with Tres-Or Ltd."

The report states;

"The Notre Dame du Nord properties are significant in that they are the site of 3 known kimberlite pipes and where 2 kimberlite bodies were discovered by recent drilling. The initial exploration work will focus on the 2 new discovery areas from work programs completed by Tres-Or.Further evaluation of the known kimberlite pipes are planned,with the objective of locating possible adjacent pipes.

Kimberlite structures, such as dykes and pipes, have the potential to yield significant amounts of diamonds.This has been the focus of Diamond Discoveries' work in the Torngat mountain properties in the northeastern Quebec".

A complete copy of commentary can be obtained at the mining section of www.eresearch.ca

About Diamond Discoveries International Corp.

Diamond Discoveries International Corp. (OTCBB: DMDD) is a U.S. exploration company with executive offices in Toronto, Ontario. Through its wholly-owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain mineral permits in the Torngat Mountains Peninsula, northeastern Quebec, and is jointly exploring Tres-Or's Notre Dame du Nord properties in the Timiskaming region of northwestern Quebec. The company is focused on exploring for diamonds. www.diamonddiscoveries.com

Forward-Looking Statements

This news release contains discussion of items that may constitute forward-looking statements within the meaning of the securities laws that involves the risks and uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by the government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in the Company filings with the securities regulatory authorities.



"Edward C Williams"

Edward C Williams


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