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Gold/Mining/Energy : Diamonds North Resources Ltd -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (175)	7/29/2003 9:34:16 AM
From: Letmebe Frank	Read Replies (1) \| Respond to of 334

Vaughn: that NR came out last month. Surprising that the share price has floundered. May be a good bottom fish from these prices. I wonder if TWG is going to make a similar anouncement soon. It was neat to read your update on life near Great Slave Lake. I would like to visit it some day. For this summer, the furthest north I will get is the Magnetowan river, at a cottage next week. Take care. Diamonds North Resources Ltd.: Canadian Major Joins Blue Ice Diamond Project Wednesday June 25, 3:35 pm ET VANCOUVER, BRITISH COLUMBIA--Diamonds North Resources Ltd. (DDN - TSX Venture) Mark Kolebaba, President of Diamonds North Resources Ltd. ("Diamonds North") announces that it has entered into a participation agreement with Teck Cominco Limited ("Teck Cominco") whereunder Teck Cominco will complete a $1,000,000 private placement for 909,091 units at $1.10 per unit and jointly fund a $3,000,000, 2003 exploration program (the "2003 Program") on Diamonds North's Blue Ice Property, Nunavut and Northwest Territories, Canada. On completion of the 2003 Program, Teck Cominco shall have the right to elect to earn an initial 30% interest in the Blue Ice Project.