Patrician Diamonds Inc.

Patrician Diamonds Inc.

September 19, 2005 09:58 ET

Patrician Diamonds Inc.: Large Magnetic Targets Delineated; Sahtu Property, NWT

ORLEANS, ONTARIO--(CCNMatthews - Sept. 19, 2005) - Patrician Diamonds Inc. ("Patrician")(TSX VENTURE:PXC) announced today that preliminary results have been received from the airborne magnetic survey conducted by McPhar Geosurveys Ltd. over the wholly-owned Sahtu Property.

The survey delineated several attractive magnetic anomalies, possibly related to kimberlites. The magnetic anomalies appear to be caused by near-surface bedrock features that range in size from approximately two hectares to in excess of ten hectares and are both circular and dyke-like. The company is very encouraged by these results and field investigations comprising prospecting and sampling surveys will commence in mid-September to provide an initial assessment of the targets.

The Sahtu Property comprises approximately 350,000 acres located in the Northwest Territories, west of Great Bear Lake, and adjoins ground that is being explored by Pure Gold Resources under an option from De Beers. Diamondex Resources and Sanantana Diamonds are also active in the area. The region lies within the Interior Platform geologic province, a vast basin of sedimentary rocks almost 2,000 metres thick that is underlain by Precambrian crystalline and metasedimentary units. De Beers reported finding a population of peridotitic and eclogitic garnets having minor kelyphitic textures in stream sediments and tills on the ground that is now under option to Pure Gold. This area is located directly down-ice of Patrician's Sahtu Property.

Paul Pitman, P.Geo., B.Sc., is Vice President of Exploration for Patrician Diamonds Inc. and is a Qualified Person as defined by National Instrument 43-101.

For maps and additional information about property location and technical details, please visit Patrician's web site at

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