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а Thu Jun 17, 2004
Private Placement Closed

а News Release #04-17

VANCOUVER, June 17, 2004 - Diamonds North Resources Ltd. (DDN-TSX Venture) announces that the private placements announced on May 28, 2004 have closed. A total of 392,857 shares at $1.40 per share were issued on June 15, 2004.

The securities are subject to a hold period and may not be traded until October 16, 2004.

Diamonds North is a dynamic successful exploration team focused on strategically advancing diamond opportunities and is determined to discover Canada's next diamond mine.

On behalf of Diamonds North Resources Ltd


Janice Davies
Corporate Secretary

For further information, please contact:
Corporate Communications: Nancy Curry
Diamonds North Resources Ltd.
Telephone:
Facsimile:
Website: diamondsnorthresources.com
Email:

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