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Thursday, 06/02/2011 11:18:52 AM

Thursday, June 02, 2011 11:18:52 AM

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News Release - Thursday, June 02, 2011Diamonds North Stakes Claims with 11.2 g/T Gold over 3 Metres======================================================================= VANCOUVER, June 2, 2011 - Diamonds North Resources Ltd. (TSX-V: DDN)announces staking of the Yandle and River gold properties in SouthernNunavut. The Yandle claims cover several prospects one of which yielded11.2 g/T gold over 3 metres in a historical drill hole. Within theRiver claim block several prospects have also been reported including agrab sample that yielded 84.0 g/T gold. "The Yandle and River properties appear to be inadequately tested. Thehigh grade gold mineralization with favourable strike and widthcharacteristics suggest these properties have tonnage potentialproviding us with an opportunity to make a significant discovery" saysMark Kolebaba President and CEO of Diamonds North. Yandle PropertyIn addition to the showing where 11.2 g/T gold over 3 metres wasintercepted there are at least 4 other mineralized zones reported atYandle. Numerous grab samples from these showings returned assays above1.0 g/T gold with assays as high as 55.41 g/T gold. Gold mineralizationon the Yandle property is associated with quartz-pyrite veins hostedwithin gabbro formations. River PropertyAt the River Property gold occurs in iron formation and sedimentaryrocks. Grab samples from three showings on the property have yieldednumerous rock samples greater than 1.0 g/T gold and as high as 84.0 g/Tgold. There are no reports of drilling at the River Property. Diamonds North will immediately focus on the zones of high grade goldmineralization to delineate drill targets for future testing. Thisacquisition is a part of the Company's strategy to identify significantgold opportunities. The Yandle and River prospects are both within the Kaminak GreenstoneBelt, 15 kilometres apart and located near the Henik Lake air strip.The staked claims are subject to approval by the Nunavut MiningRecorder Office. The historical work is from assessment reports and has not beenverified by the Company, however, it appears to have been completedunder standard best practices consistent with the time and appears tobe of reasonable quality. Bruce Kienlen (P. Geol) and Graham Gill (P.Geo) are Diamonds North's qualified persons reviewing this project. About Diamonds NorthDiamonds North Resources is rapidly evolving and committed to buildinglong-term value for shareholders through ongoing discoveries andleveraging business opportunities from our vast land holding. Diamonds North will be Exhibiting (Booth # 505) at the World ResourcesInvestment Conference June 5-6th 2011 held at the Vancouver ConventionCentre East. For more information and to pre-register go towww.cambridgehouse.com On behalf of Diamonds North Resources Ltd. Mark KolebabaPresident & CEO