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Monday, 08/08/2011 12:15:10 PM

Monday, August 08, 2011 12:15:10 PM

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News Release - Monday, August 08, 2011 Diamonds North Begins Diamond and Gold Exploration at Amaruk======================================================================= VANCOUVER, Aug 8, 2011 - Diamonds North Resources Ltd. (TSX-V: DDN)announces that the 2011 exploration program has been initiated on theAmaruk Property in Nunavut. The program will focus on top priority goldprospects as well as follow-up of a new generation of kimberlitetargets identified from electro-magnetic (EM) airborne data. "We are excited to begin our exploration program this year on Amaruk.This prospecting and sampling program is intended to demonstrate highgold values as well as increase our confidence in targeting kimberliteusing EM prior to drilling" says Mark Kolebaba President and CEO ofDiamonds North. Diamond exploration on the property will primarily include detailedtill sampling in close proximity to high-priority targets identifiedfrom the EM data recently received (See news release July 19, 2011). The EM data is believed to penetrate through conductive overburdenwhich covers most of the Amaruk property. Several sizable prioritytargets, many of which exhibit an association with kimberlite indicatorminerals, have been identified and require follow-up sampling. EM data has been extremely important for discovering economickimberlites at the Ekati Diamond Mine, Diavik Diamond Mine as well ashigh value kimberlites at the Gahcho Kue Diamond Project. In addition, extensive prospecting and sampling around priority goldprospects such as Far East and DEL will be conducted with the intentionof extending the known prospects and increasing the sample grades. Rock samples collected from the 15 kilometre long DEL showing returnedgrab samples up to 4.16 g/T gold and chip samples up to 1.20 g/T goldover 3.0 metres (See news release October 25, 2010). Surface exposureis limited with less than 10% of the iron formation exposed; thereforea small, hand-held drill will be utilized to test sub-surface areasaround the DEL prospect. Initial prospecting at the Far East showing led to the identificationof an extensive area with anomalous gold and silver including rocksamples with 2.66 g/T gold and 1.19 g/T gold with 49.5 g/T silver.Within similar rocks 1500 metres to the south of the main Far Eastshowing, additional mineralization was identified where samplesreturned 24.9 g/T silver and 0.126 g/T gold (See news release November30, 2010). The Company is also actively exploring for gold in Southern Nunavut onthe Esker property. To view a video presentation of the Esker GoldProperty, visit our website www.diamondsnorth.com.