Diamonds North Resources Ltd.

Diamonds North Resources Ltd.

May 11, 2009 08:00 ET

Diamonds North Reveals Gold on Amaruk

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2009) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces the identification of gold mineralization on its 100% owned Amaruk property in Nunavut. A single reconnaissance grab sample collected from a 3 to 5 metre wide oxidized sulfide zone exposed for 50 metres, yielded 5.8 grams per tonne gold. The prospect is located adjacent to a 2 to 3 kilometre diameter granitic intrusion that appears to have been emplaced along a major structure that extends for more than 40 kilometres on Diamonds North's property. The prospect is also less than 5 kilometres from tide water.

"Canada's north is one of the few places where surface prospecting can still result in the discovery of new mineral prospects with district scale potential. On Amaruk alone, we have discovered a new diamond district, the Tunerq nickel prospect and now a new gold prospect," says Mark Kolebaba, President & CEO of Diamonds North.

As a reconnaissance sample, a gold value of 5.8 grams per tonne is significant. In 2009, the Company plans to verify the sample and attempt to expand the extent of the gold mineralization by prospecting along the structure and the intrusive body. Exploration plans will be in conjunction with other metal opportunities on Amaruk.

Diamonds North will continue to focus on aggressively advancing the diamond potential of the Pelly Bay Diamond District. The addition of the gold prospect and the Tunerq Nickel prospect discovered earlier on the Amaruk property further demonstrates the Company's ongoing commitment to capturing other potential commodity value for its shareholders.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) will be Diamonds North's qualified persons reviewing this project. They will be responsible for the design and conduct of future exploration programs and the verification and quality assurance of analytical results.

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 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.

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

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