Diamonds North Resources Ltd.
TSX VENTURE : DDN

Diamonds North Resources Ltd.

March 12, 2007 10:35 ET

Diamonds North Resources Retains Genoa Management Limited for Investor Relations and Capital Market Council

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 12, 2007) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces it has retained Toronto-based Genoa Management Limited ("Genoa") to provide investor relations and independent capital market counsel. Genoa will expand Diamonds North's network of investors, analysts, and financial intermediaries.

"This appointment signals our continued commitment to increased shareholder communication as we advance our Amaruk, Hepburn and Banks Island diamond projects," says Mark Kolebaba, President and CEO of Diamonds North Resources Ltd.

Genoa Management Limited will be responsible for increasing Diamonds North Resource's contact with potential investors and helping maximize the effectiveness of marketing, investor relation and communication materials. Under the terms of the agreement, Genoa will receive a fixed fee of $6,500 per month for a term of six-months beginning on February 15, 2007.

ABOUT GENOA MANAGEMENT LIMITED

Genoa Management Limited provides Canadian listed companies with independent capital markets counsel as well as financial communications management and targeted investor outreach support.

ABOUT DIAMONDS NORTH RESOURCES

Diamonds North Resources 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

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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