Diamonds North Resources Ltd.

Diamonds North Resources Ltd.

March 20, 2007 06:00 ET

Diamonds North to Drill the Hepburn Project, Over 200 Kimberlite Targets Identified

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 20, 2007) - Diamonds North Resources (TSX VENTURE:DDN) announces a C$3 million exploration budget for its 100% owned Hepburn property located in the Northwest Territories and Nunavut. Over 200 kimberlite targets have been identified from airborne geophysics completed in 2006. The Hepburn camp has been mobilized and exploration work is to begin immediately.

The 200 geophysical targets were identified from an airborne survey covering only 30% of the property.

The C$3 million exploration budget for Hepburn in 2007 will include:

- Evaluating over 100 of the 200 targets with detailed geophysics;

- Drill testing at least 20 targets;

- Geophysical airborne surveying on the remaining 70% of the property.

The Hepburn targets range in size from about one to eight hectares and are associated with kimberlite indicator minerals recovered from the property including G10 and eclogitic garnets often found in highly diamondiferous kimberlite.

"The large targets, favourable mineral chemistry and geological location of the Hepburn property increases our confidence of discovering another Ekati or Diavik, Canada's largest and most profitable diamond mines," says Mark Kolebaba, President and CEO of Diamonds North Resources Ltd. "Our objective in 2007 is to confirm a new diamondiferous kimberlite field at Hepburn which we believe would add significant value for our shareholders."

The Hepburn project is approximately 200 kilometres northwest of the Ekati Diamond Mine and is located along the western margin of the Slave Craton. The Slave Craton is one of the most prolific diamond producing terrains in North and South America. The Company has diligently advanced Hepburn from grass-roots exploration to an extensive first drill program in 2007.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing these projects. They are responsible for the design and conduct of the 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.


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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