Diamonds North Resources Ltd.

Diamonds North Resources Ltd.

November 30, 2007 10:30 ET

Diamonds North Resources Ltd.: Sakari Project Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 30, 2007) - Diamonds North Resources (TSX VENTURE:DDN) and Shear Minerals Ltd. (TSX VENTURE:SRM) 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.


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.


Mark Kolebaba, President & CEO

Diamonds North Resources Ltd.

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.

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