Nordic Diamonds Ltd.
TSX VENTURE : NDL

Nordic Diamonds Ltd.

January 08, 2007 09:00 ET

Nordic Diamonds Ltd.: Drilling Program to Resume on Solvbacktjarn Uranium Project, Sweden

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 8, 2007) - Nordic Diamonds Ltd. (TSX VENTURE:NDL), (the "Company" or "Nordic") wishes to announce that the drilling program on the Company's 100% owned Solvbacktjarn Uranium Project in Sweden has resumed, after being shut-down for the Christmas break. The property is located in north central Sweden approximately 400 kilometers north northwest from Stockholm and the claim covers an area of 900 hectares.

The core drilling program commenced the week of December 4, 2006 (see News Release dated December 4, 2006) and called for the testing of twelve geophysical targets totaling approximately 960 meters. Prior to the Christmas break, four holes were completed and all holes intersected visible uranium and copper mineralization. Core samples will be submitted for multi-element analysis following the completion of the entire drill program.

Uranium bearing boulders were first found on this property in 1973, and subsequent prospecting found 49 boulders in total. The mineralized boulders are layered calcareous quartzitic rocks, and during the first phase of prospecting, the Swedish Geological Survey ("SGU") reported that one boulder contained a 4 cm wide quartz mylonite copper-uranium vein assaying 17% U and 5% Cu.

The SGU conducted geophysical and radon surveys and drill tested permissive zones in 1975. Drilling confirmed the presence of widespread erratic uranium mineralization coincident with calcareous quartzitic rocks. All drill holes were logged using pulse gamma methods and the most significant result recorded was 2.02% uranium over 1.55 meters.

The Company cautions that all radiometric readings stated are historical in nature. The Company's qualified person has tested drill core samples from the Solvbacktjarn claim and verified that anomalous radiation levels are present in SGU drill core samples; however absolute readings provided by the SGU could not be verified by the Company's qualified person and should not be relied upon.

Walter Melnyk, P.Eng., President of Nordic Diamonds Ltd., is a Qualified Person as identified by NI 43-101 and is responsible for the design, implementation and quality control of the Company's exploration programs.

ON BEHALF OF THE BOARD OF DIRECTORS

NORDIC DIAMONDS LTD.

Alvin Jackson, P. Geo., Chairman and CEO

For complete details of this news release and other projects, please visit the Company's website at www.nordicdiamonds.com.

Safe Harbour Statement: The Company relies upon litigation protection for "forward-looking statements".

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

Contact Information