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2007

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 November 30, 2007
Diamonds North Completes Flow-Through Financing

 VANCOUVER, November 30, 2007 -- Diamonds North Resources Ltd. (TSX-V: DDN) reports the closing of the non-brokered flow-through private placement announced on November 23, 2007 which was over subscribed. A total of 1,285,000 flow-through shares at a purchase price of $1.00 per share have been issued.

All the securities issued hereunder are subject to a four month hold period and may not be traded until April 1, 2008.


Diamonds North Resources is focused on discovering Canada's next diamond mine. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.

On behalf of Diamonds North Resources Ltd.


Mark Kolebaba
President & CEO

For additional information please contact:
Nancy Curry
VP Corporate Communications
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.com


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
 
 

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