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а Wed Jul 28, 2004
$180,000 Non-Brokered Private Placement Completed

а Vancouver, July 28, 2004 -- Diamonds North Resources Ltd. (DDN -- TSX Venture) announces the private placement announced on July 14, 2004 has been completed. A total of 144,000 flow-through common shares were issued to Teck Cominco Limited on July 22, 2004 at a price of $1.25 per share. The shares may not be traded until November 23, 2004.

The proceeds will be used for exploration on the Company's projects in Canada.

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


ON BEHALF OF THE BOARD OF DIRECTORS

Mark Kolebaba
President


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



The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release
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You can view the Next News Releases 2004 item: Mon Aug 9, 2004, Incentive Stock Options Granted

You can view the Previous News Releases 2004 item: Tue Jul 20, 2004, Diamonds North's Summary of Exploration Activities for 2004

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