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Friday, 06/03/2011 8:36:21 PM

Friday, June 03, 2011 8:36:21 PM

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News Release - Friday, June 03, 2011Diamonds North Acquires Property with High Gold Grades in Multiple Drill Holes

VANCOUVER, June 3, 2011 - Diamonds North Resources Ltd. (TSX-V: DDN)has acquired 100% interest in the Esker gold property in Nunavut. TheEsker claim covers several kilometres of gold bearing stratigraphy. Drill intercepts of gold mineralization are as high as 8.2 g/T goldover 13 metres, including 17.7 g/T gold over 5.7 metres; and, 2.4 g/Tgold over 71 metres which includes several high grade zones (see tablebelow). For a video presentation on this project visit our websitewww.diamondsnorth.com "This low cost staking puts us into a project with wide zones of highgrade gold mineralization and significant tonnage potential. As only asmall portion of the zone has been tested, our objective is to drillalong strike of the known mineralization along the host gabbro units toexpand the gold-bearing mineralized zone" says Mark Kolebaba Presidentand CEO of Diamonds North. Historical drilling on the property identified gold mineralized veinswith good grade and width characteristics. The veins are hosted bylinear gabbro units, and surrounded by volcanic and sedimentary rocks. Geology, structural observation and drill results suggest potential forcontinuity and significant tonnage over more than 5 kilometres offolded gabbro units within an area of 1300 x 600 metres.