Diamond Discoveries International Corp.

Diamond Discoveries International Corp.

March 15, 2005 14:31 ET

eResearch Initiates Coverage on Diamond Discoveries


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DIAMOND DISCOVERIES INTERNATIONAL CORP.

OTC Bulletin Board SYMBOL: DMDD

MARCH 15, 2005 - 14:31 ET

eResearch Initiates Coverage on Diamond Discoveries

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 15, 2005) - Diamond
Discoveries International Corp., (OTCBB:DMDD) (the "Company") is pleased
to announce that Independent Equity Research Corp. (eResearch) has
posted to their website www.eresearch.ca a research report on the
Company with a target price prepared by analyst Christopher Thompson,
M.Sc., (Eng), P.Geo.

DMDD invites all shareholders and interested parties to visit our
website for a copy of the report in PDF format at
www.diamonddiscoveries.com

ON BEHALF OF THE BOARD

"John Kowalchuk"

John Kowalchuk P.Geo., President & CEO

About Diamond Discoveries International Corp.

Diamond Discoveries International Corp (OTCBB:DMDD) is a US exploration
company with executive offices in Vancouver, B.C. Through its wholly
owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain
mineral permits in the Torngat Mountains Peninsula, north-eastern
Quebec. The Company is focused on exploring for diamonds. The Company
has located more than 50 kimberlite dykes and several potential
kimberlite pipes. This spring, they plan on actively sampling the
targeted areas for diamonds both by bulk sampling and core drilling.

www.diamonddiscoveries.com

About Independent Equity Research Corp. (eResearch)

Diamond Discoveries International Corp. paid eResearch $18,190.00 to
cover analyst's cost. Independent Equity Research Corp., operating as
eResearch, is a leading source of continuous, independent research on
publicly traded companies. eResearch can be commissioned by anyone to
provide research. Clients include institutional and retail investors,
investment dealers, limited market dealers, and corporations. eResearch
does not trade in the securities of the companies covered or accept any
stock related compensation for research services. They conduct no
investment banking or investor relations services for the companies
covered. They provide investors with in-depth information to assist in
the investment decision process.

www.eresearch.ca

Forward-Looking Statement

This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that
involve risks and uncertainties. Although the company believes the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its expectations
will be achieved. Factors that could cause actual results to differ
materially from expectations include the effects of general economic
conditions, actions by government authorities, uncertainties associated
with contract negotiations, additional financing requirements, market
acceptance of the Company's products and competitive pressures. These
factors and others are more fully discussed in Company filings with U.S.
securities regulatory authorities.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Diamond Discoveries International Corp.
    Mr. John Kowalchuk B.Sc. P.Geo.
    CEO
    (604) 683-1368 or T.F: 1-866-400-1368
    (604) 685-6905 (FAX)
    jkowalchuk@diamonddiscoveries.com