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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?

To: Miner who wrote (1678)	5/27/2002 12:51:47 PM
From: VAUGHN	Read Replies (1) \| Respond to of 1707

Hello Miner Off THE WIRE Canabrava and Diamonds North to drill Victoria Island kimberlites (On May 3, 2002, Commander Resources Ltd. completed a reorganization and transferred its diamond prospective properties to Diamonds North Resources Ltd. Commander will initially retain a 9.5% (approximate) equity position in the diamond company.) VANCOUVER, May 27 /CNW/ - In a joint statement by Canabrava Diamond Corporation and Diamonds North Resources Ltd., the companies announced an option agreement whereby Canabrava can earn a 50% interest in Diamonds North's Hadley Bay diamond prospect by spending $5 million and issuing 250,000 shares to Diamonds North over a four year period. The project area, located on Victoria Island, Nunavut, covers 11,970 square kilometers and is known to contain five kimberlite pipes which, in initial exploration, all yielded microdiamonds. The first stage of the four-year program will commence in mid-July with the drill testing of ten high priority targets. The program, with Diamonds North as operator, will include further exploration on more than 50 magnetic anomalies. The agreement is subject to approval of regulatory authorities. In addition to the Canabrava optioned claims, Diamonds North has holdings of approximately 1.3 million acres on Victoria Island and 71,000 acres at Misty Lake, NWT, adjacent to DeBeers/Mountain Province Kennady Lake project. Shares in Diamonds North are expected to trade in mid-June on the TSX Venture Exchange. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. -30- For further information: please contact: Mark Kolebaba, President, Bernard Kahlert, VP, Exploration, Diamonds North Resources Ltd., 1550 - 409 Granville Street, Vancouver, BC, V6C 1T2, Tel (604) 689-2010, Fax (604) 685-2814, www.diamondsnorthresources.com, info@diamondsnorthresources.com; George H. Read, VP, Exploration, Thomas Beattie, VP, Corporate Dev., Canabrava Diamond Corporation, 1650 - 701 W. Georgia Street, Vancouver, BC, V7Y 1C6, Tel (604) 669-2525, Fax (604) 688-6175 www.canabrava.ca, info@canabrava.ca Regards Vaughn

To: Miner who wrote (1678)	7/15/2002 11:20:52 AM
From: VAUGHN	Read Replies (2) \| Respond to of 1707

Hello Miner *OFF THE WIRE* Diamonds North listed on TSX Tier 1 as DDN Exploration Advances on Victoria Island and Northwest Territories Projects TSX Venture Exchange: DDN Shares Issued: 10,001,033 VANCOUVER, July 15 /CNW/ - Mark Kolebaba, president of Diamonds North Resources Ltd., announced today that the company's shares have begun trading on the TSX Venture Exchange. Diamonds North will trade as a Tier 1 company under the symbol DDN. Diamonds North evolved from the restructuring of Commander Resources Ltd. (formerly Major General Resources) and was created to concentrate exclusively on diamond exploration. As part of the corporate restructuring that led to the formation of Diamonds North, Commander will own 950,000 shares of Diamonds North and will have the right to increase this interest by an additional 840,000 shares. "We're focused on high-quality projects with the potential for economic diamond deposits," said Kolebaba, who, prior to his Diamonds North appointment, was senior geologist with BHP Billiton's global diamond exploration team. To date, sixteen kimberlite pipes and dykes have been discovered on Victoria Island, fourteen of them contain diamonds. "And," Kolebaba continued, "we have an aggressive growth program to expand our portfolio, with an ongoing search for new properties in Canada." Since its launching as a public non-trading company May 3, 2002 Diamonds North has raised $2 million: $500,000 through private placement with U.S. Global Investment Funds and $1.5 million through a prospectus offering by Haywood Securities. Following financing, 10.3 million shares are issued and outstanding. Sixteen per cent of the shares are held by institutions, and sixteen per cent by insiders, promoters and consultants. The company's holdings in Nunavut and in the Northwest Territories comprise more than one million acres and forty targets. Eight projects are in place, with programs in progress or planned for 2002. Programs and partners on Victoria Island include: - Blue Ice (100% Diamonds North) - Drilling underway on eight high- priority targets. - Hadley Bay (Canabrava Diamond Corporation) - Drilling of eight to ten high-priority targets scheduled to begin in July; - Yankee (Hawkeye Gold International) - Additional surveying planned following drill program; - Washburn (Patrician Diamonds Inc.) - Six diamondiferous kimberlites identified; six anomalies ready for drill testing; - Wellington (Patrician Diamonds Inc.) - Fifteen new kimberlite targets marked for further exploration; - Holman (Serengeti Resources Inc.) - Exploration of forty geophysical anomalies to begin in August; In the South Slave, Northwest Territories: - Misty Lake (Southern Era and International Diamond Syndicate) - Four drill targets sited immediately south of the Mountain Province/De Beers Kennady Lake project, at least three to be drilled in August; - Gten (Snowfield Development Corporation) - Immediate plans include helicopter borne magnetic geophysical survey, till sampling and diamond drilling. "We're very enthusiastic about our 2002 programs," said Kolebaba. "We have committed partners, the resources and the experience to advance these projects rapidly. Close to $3 million will be spent on the Company's properties this season. There's a strong corporate commitment to making Diamonds North a leader in Canadian diamond exploration." Besides Kolebaba, the Diamonds North senior management group includes Bernard Kahlert, vice-president, exploration and director; Yale Simpson, director; Maynard Brown, director; and William Coulter, senior corporate advisor. Bernard H. Kahlert Vice President, Director Regards Vaughn