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Gold/Mining/Energy : Diamondex: Winspear Restructured Exploration Offshoot -- Ignore unavailable to you. Want to Upgrade?

To: wayne cath who wrote (1143)	1/15/2003 10:15:39 PM
From: wayne cath	Read Replies (1) \| Respond to of 1283

Diamondex's landholdings crowned with King and Kingfish Diamondex Resources Ltd DSP Shares issued 27,939,289 Jan 15 close $0.95 Wed 15 Jan 2003 News Release Mr. Randy Turner reports ACQUISITION OF THE KING EAST AND KINGFISH PROPERTIES Diamondex Resources has recently acquired through staking an additional 153,213 acres in the southern Slave province of the Northwest Territories. Two significant blocks have been acquired and are as follows: Kingfish property, Northwest Territories The Kingfish property comprises 64 mineral claims totalling 140,300 acres. This property is situated between the Camsell Lake claim block, which hosts the Snap Lake diamond deposit, of De Beers Canada Mining Inc. and the AK property, which hosts the Kennady Lake diamondiferous kimberlites (including 5054, Hearne and Tuzo pipes) held by De Beers Canada Exploration Inc., Mountain Province Diamonds Inc. and Camphor Ventures. King east property, Northwest Territories The King east property comprises five claims totalling 12,913 acres and adjoins immediately to the southeast corner of the King property held by the company. This property also adjoins the northeast corner of the Camsell Lake property, which hosts the Snap Lake diamond deposit. Previous drilling by the company on the King property has confirmed the down-dip extension of the Snap Lake deposit (as reported in Stockwatch on Dec. 5, 2001). Diamondex considers these acquisitions very significant, which will add to its strategic landholdings in the southern Slave province. The company currently holds interest in approximately 1.4 million acres (net) in the Northwest Territories and Nunavut, all considered highly prospective for diamond exploration. Exploration programs on the recent acquisitions as well as the other Diamondex landholdings in the southern Slave will be disclosed in the near future. David Clarke, PGeol, MSc, vice-president of exploration for Diamondex Resources Ltd., is a qualified person as defined by National Instrument 43-101 and is responsible for program design and quality control of exploration undertaken by Diamondex Resources Ltd. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com