Alkane Inc (ALKN)

[van_h3776]

OT: Been out since .099 but stop every now and then just to see. Remember these guys?
Business Editors

LAS VEGAS--(BUSINESS WIRE)--March 29, 2004--CMKM Diamonds, Inc.
(Pink Sheets:CMKX) is pleased to announce kimberlite ore discovery,
that joint efforts of CMKM Diamonds, Inc., being the primary operator
of the claims, United Carina Resources Corp. (UCA) CDNX, Consolidated
Pine Channel Gold Corp. (KPG) CDNX and U.S. Canadian Minerals, Inc.
(OTCBB:UCAD) have successfully intersected kimberlite ore at their
jointly owned Smeaton property located in Saskatchewan, Canada.
Kimberlite ore was intersected at a depth of 410-547 feet and was
still being recovered beyond 547 feet, with an anticipated target
depth of 1,000 feet at the Smeaton claims, held jointly by the four
companies previously mentioned. Senior geologist, Ralph Newson (who is
currently overseeing the project) was on-site Sunday afternoon and has
confirmed the presence of kimberlite ore through a preliminary
analysis of the diamond drill core. Although it is too early for
specifics on the mineral content and/or the possibility of diamonds,
the preliminary test was very encouraging. The kimberlite pipe is
consistent with other diamondiferous kimberlite bodies located in
close proximity on a northwest trend in the Smeaton area, located
north of Fort a la Corne, Saskatchewan. The new kimberlite discovery
will be named, "The Carolyn Pipe," after Urban Casavant's wife and all
additional kimberlite discoveries will be named after individuals
rather than given a number.
Urban Casavant, President, and Corey Klassen, Vice President, at a
tele-conference board of directors meeting, mutually and respectfully
announced they are pleased to be working with a dedicated team, such
as this joint venture, for the project, which we all have common goals
and interests. Mr. Casavant stated, "Without everyone involved from
our shareholders to United Carina, Consolidated Pine Channel, U.S.
Canadian Minerals, Mr. Ralph Newson, Dennis Miller and the drill crew
(which have the combined experience of over 100 years and have been
working around the clock) and all the others who made this happen, it
would have been nearly impossible to achieve such a great
accomplishment, such as this. We are looking forward to a long and
lasting relationship, to continue our progress forward, and are
aggressively pursuing additional drill permits for the next 14
priority drill targets already planned within the upcoming weeks for
just the Smeaton area. Thank you for your patience and support."
Updated video footage of the kimberlite ore will be available on
the Corporate website and/or additional information on kimberlite,
visit www.casavantmining.com.
There is no guarantee that further exploration or drilling will
produce any economic benefit to the Company or the shareholders of the
Company.

This Press Release contains "forward looking" statements as that
term is defined by Section 27A of the Securities Act of 1933, as
amended, (the "Securities Act") and Section 21E of the Securities
Exchange Act of 1934, as amended, (the "Exchange Act"). All statements
that are included in this Press Release other than statements of
historical fact are "forward looking" statements. Although Management
believes that the expectations reflecting in these forward looking
statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. Important factors could
cause actual results to differ materially from the expectations as
disclosed herein, including without limitation, in conjunction with
these forward looking statements contained in this Press Release.

--30--CER/se*

CONTACT: CMKM Diamonds Inc.
Diamonds Hotline: Melvin O'Neil, 306/752-3755
Toll free in U.S./Canada: 877/752-3755
Fax: [phone]
E-mail: [e-mail]

KEYWORD: NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS ENVIRONMENT PRODUCT
SOURCE: CMKM Diamonds Inc.

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Mar-29-2004 15:09 GMT
Symbols:
US;CMKX
Source BW Business Wire
Categories:
MST/I/MNG MST/I/POL MST/L/EN MST/R/CA MST/R/US/NV MST/S/PDT TGT/BWN