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Wednesday, April 07, 2004 9:23:00 AM
North Star Diamonds, Inc. Reports Positive Progress on Wekusko Lake Program
Wednesday April 7, 9:01 am ET
BELLINGHAM, WA, April 7 /PRNewswire-FirstCall/ - North Star Diamonds, Inc. (NQB Pink Sheets: NSDM - News) announces successful completion of the geophysical work on Phase 2 of the Company's comprehensive 4-Phase diamond exploration program being conducted this year in the Province of Manitoba, where NSDM controls a total of 104,523 acres of very promising land.
The experienced firm of J.B. Sigfrid & Associates performed the geophysical work and located three good anomalies with the use of computer assisted aeromagnetic surveys.
CEO Walter Stunder, commented, "We are very excited about these initial results and this particular area, as this is where the only known kimberlite dyke in Manitoba was previously discovered in 1992." The Wekusko Lake program (Phase 2) is located approximately 354 miles Northwest of Winnipeg.
A work permit for initial drilling was issued on April 5th The Company is now assembling its crew, and drilling is scheduled to commence on or about April 16th.
Future press releases will report on the drilling progress as well as the completion results of Phases 3 and 4.
Canada is now being recognized as one of the best areas in the world for diamond exploration, where extensive exploration activities are now being conducted by industry leaders. North Star Diamonds, Inc. is committed to a financially-rewarding, lucrative, long-range program of diamond exploration and commercialization.
For further information on NSDM, visit www.northstardiamonds.net
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: (877) 454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
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Source: North Star Diamonds, Inc.
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