Alkane Inc (ALKN)

[Dutchbanker]

NSDM UPDATE



BELLINGHAM, WA, September 29, 2005/PRNewswire-FirstCall via COMTEX/-- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) reports on frequently asked questions.



Work is almost complete on the pre-audit portion of the bookkeeping. Mr. George Wilson-Tagoe is reporting steady progress with regard to the finalization of the consolidation of the two years of records. This is a process which takes time as all contracts, opening balances, land acquisitions, and financings must be thoroughly reviewed for legal and accounting accuracy.



Walter Stunder and Rendal Williams visited the drill site on Phases 4 and 6. The farmers are very co-operative as the prospect of finding diamonds would assist the local economy which has been adversely affected by a near record year of rainfall. John Friesen, of Friesen Drillers, demonstrated the drilling equipment which will be used on the project. Drilling will begin when the geophysical data is processed and drill sites are established. NSDM is also negotiating with other potential joint venture partners.

Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.



DIAMOND DISCOUNTS

NSDM offers a wide selection of diamonds and diamond jewellery at the best price. Please call us at 877-454-7872 or email us at [e-mail] for further information. Marina Chakharian, NSDM’s diamond consultant, will be happy to assist you with your purchase.