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а Mon Aug 9, 2004
Incentive Stock Options Granted

а Vancouver, August 9th, 2004 - Diamonds North Resources Ltd (DDN-TSX Venture) announces the grant of incentive stock options under the Company's stock option plan to directors, employees and consultants to purchase an aggregate of 645,000 treasury shares. The options are exercisable for a period of five years at a price of $1.10 per share and are subject to the policies of the TSX Venture Exchange.


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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