Diamonds North Resources Ltd.
TSX VENTURE : DDN

Diamonds North Resources Ltd.

November 10, 2005 10:48 ET

Diamonds North Resources Ltd.: Blue Ice 2005 Exploration Program Summary

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 10, 2005) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) reports that the 2005 field program on the Blue Ice project, located on Victoria Island, Nunavut and Northwest Territories, has been completed. Highlights of the year's exploration program include:

- Approximately 2.8 tonnes of kimberlite from the King Eider body obtained by drilling;

- An additional 1.3 tonnes of kimberlite collected from a trench on the King Eider body;

- 10 targets tested by core drilling (King Eider plus nine additional targets);

- 31 geophysical anomalies tested by reverse circulation drilling;

- 3 new kimberlite occurrences discovered;

- 11,700 line kilometres of new airborne magnetic surveying

- 200 till samples collected;

- Teck Cominco Limited is earning into the property and has informed Diamonds North that it has funded more than $4.5M of exploration in 2005.

King Eider Kimberlite Mini-Bulk Sampling

Approximately 4 tonnes of the King Eider kimberlite was collected for diamond analysis during the 2005 field season on the Blue Ice project. Approximately 2.8 tonnes of kimberlite was collected from 5 drill holes, of which 2.1 tonnes of split core has been submitted for diamond analysis via caustic fusion. The extraction of an additional 1.3 tonnes of King Eider kimberlite from a surface trench was funded by Diamonds North and will be retained for processing as a separate sample to be compared with the diamond content obtained from drill core.

The objective of the King Eider kimberlite mini-bulk sample is to gain more information about the geology, geometry, diamond content and stone/size distribution of the kimberlite body. The collection of the 2005 mini-bulk sample through drilling 5 holes and trenching was undertaken as follow-up to the encouraging results from the previously analyzed 680 kilogram composite sample taken in 2004. This composite sample yielded a 0.74 carat stone in a parcel of 434 diamonds, weighing a total of 1.32 carats. Using the measured weights of the 10 largest diamonds only, the coarse diamond content of this sample is 1.6 carats per tonne (see News Release NR05-13, April 21, 2005 for all details of this sample).

Drilling at the King Eider kimberlite to date indicates that the body is at least 180 metres long, is up to 50 metres in width and remains open to depth. One vertical hole completed this year (BI - 05 - 09) remained in kimberlite for its entire length before terminating at a depth of 253 metres. Two angled holes (BI - 05 - 10 and 11) drilled in opposing directions across the kimberlite in 2005 indicates that the body is widening with depth to at least the 130 metre level.

Additional Targets Drilled

An additional 9 targets were tested by core drilling resulting in the intersection of two new kimberlite occurrences. The first new occurrence (M3) is centrally located along the 20 kilometre long Galaxy trend and contained three intersections: 2.1 and 17.15 metres (true widths) of kimberlite and 5.3 metres (true width) of brecciated kimberlite. The second discovery, H18, located on the southeastern portion of the 25 kilometre long King Eider structure, consisted of multiple hypabyssal kimberlite dykes with true widths of less than one metre each. Seventy five reverse circulation drill holes also tested 31 discrete geophysical targets, many of which were located "off-trend" of the Galaxy and King Eider structures. The reverse circulation drilling resulted in the intersection of one new kimberlite (known as REF-2) located approximately 500 metres northwest of the King Eider kimberlite. The 2005 drill program has increased the number of known kimberlite occurrences on Victoria Island from 36 to 39.

New Data

The 2005 exploration program included more than 11,700 line kilometres of detailed airborne magnetic surveying and the collection of more than 200 till samples in under explored portions of the property. Upon receipt of the results from these surveys the data will be compiled to generate additional targets for drilling.

Graham Gill, P. Geo., is the qualified person reviewing project data for Diamonds North.

Diamonds North is a dynamic exploration team focused on strategically advancing diamond opportunities and is determined to discover Canada's next diamond mine.

ON BEHALF OF THE BOARD OF DIRECTORS

Mark Kolebaba, President

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information