Diamonds North Resources Ltd

Published : April 18th, 2007

budgets on Sakari and Ualliq properties

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Keywords :   Canada | Diamond |
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Diamonds North Resources And Shear Minerals Ltd. Approve
C$185,000 Exploration Budget For Sakari Project
======================================================================

To view news release on the Sakari property budget,
click on the following link

http://tinyurl.com/ywxwcv

======================================================================
Diamonds North Resources And International Samuel Approve
C$1,000,000 Budget For Ualliq Exploration
======================================================================

Vancouver, April 18, 2007 - Diamonds North Resources (DDN: TSX.V) and
International Samuel Exploration Corp. (TSX-V: SAZ), announce a
C$1,000,000 exploration budget for the Ualliq property located north
and northwest of Diamond North Resources' Amaruk property in the Pelly
Bay Diamond District of Nunavut. Encouraging Diamond indicator minerals
and geophysical survey data suggest a new diamondiferous kimberlite
field may exist on the Ualliq property.

The C$1,000,000 exploration budget approved for 2007 at Ualliq will
include:

- geophysical surveying over the main Ualliq indicator mineral train
- detailed geophysics on up to 50 targets
- drill test up to 12 of the highest priority targets

The Ualliq property is adjacent to Diamonds North's Amaruk property
where high Diamond counts from the Qavvik kimberlite were recently
announced (515 diamonds recovered from 397 kilograms of kimberlite --
see News Release NR07-07, March 29th, 2007).

The Qavvik kimberlite is located approximately 20 kilometres from the
Ualliq property. Abundant kimberlite indicator minerals recovered from
glacial till on the Ualliq property define several Diamond prospective
regions, including an area extending for 60-kilometre. The Companies
consider this area prospective for multiple diamondiferous kimberlite
intrusions. To date, 36 targets have been identified from the 2006
airborne survey and range in size up to 6 hectares.

"From the mineral chemistry, number and size of geophysical targets
identified to date, we believe the Ualliq property offers the partner's
and our shareholders a significant discovery opportunity. Our objective
this year is to confirm Ualliq is the newest diamondiferous kimberlite
field in the Pelly Bay Diamond District" says Mark Kolebaba, President
and CEO of Diamonds North Resources.

To date only the eastern part of the property has been surveyed with
detailed geophysics. Approximately 17,000 line kilometers will be
surveyed in 2007.

Diamonds North Resources is operator on the project with International
Samuel earning a 30% interest in the property by incurring C$3 million
in expenditures over four years. In addition, for each of the first
four kimberlite bodies discovered on the property, International Samuel
shall issue 250,000 common shares to Diamonds North. (See News Release
06-26, August 2, 2006).

Mr. Bruce Kienlen (P.Geol) is Diamonds North's Qualified Person for the
project as defined under NI 43-101.

ABOUT DIAMONDS NORTH

Diamonds North Resources is the dominant explorer in the Pelly Bay
region and 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.

ABOUT INTERNATIONAL SAMUEL
International Samuel is an active Diamond explorer with 2007
exploration programs planned for their Churchill West and Afridi lake
properties, in addition to the Diamonds North projects.

ON BEHALF OF THE BOARDS OF DIRECTORS

Mark Kolebaba
President & CEO
Diamonds North Resources Ltd.

Conrad Swanson
President & CEO
International Samuel Exploration Ltd.

For further information, please contact:

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

Investor Relations : Doug Kerr,
International Samuel Exploration Corp.
Telephone: 604-718-5454
Toll Free: 1-888-500-4587
Facsimile: 604-646-2054
Website: www.internationalsamuel.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.

======================================================================
Copyright (c) 2007 DIAMONDS NORTH RESOURCES LTD. (DDN) All rights
reserved. For more information visit our website at
http://www.diamondsnorth.com/ or send mailto:info@diamondsnorth.com
======================================================================

.
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Diamonds North Resources Ltd

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Diamonds North is a diamonds exploration company based in Canada.

Diamonds North holds various exploration projects in Canada.

Its main exploration properties are SIKU, BANKS ISLAND, UALLIQ and VICTORIA ISLAND in Canada.

Diamonds North is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.9 millions as of today (US$ 1.8 millions, € 1.4 millions).

Its stock quote reached its highest recent level on January 11, 2008 at CA$ 2.07, and its lowest recent point on February 15, 2013 at CA$ 0.02.

Diamonds North has 94 682 000 shares outstanding.

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Annual reports of Diamonds North Resources Ltd
2007 Annual report
Financings of Diamonds North Resources Ltd
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6/15/2010Announces Flow-Through Financing
8/5/2009Closes Non-Brokered Flow-Through Private Placement
7/17/2009Announces Flow-Through Financing
6/29/2009Extends/Reprices Warrants
7/10/2008Closes Final Tranche of Non-Brokered Private Placement & Ove...
7/7/2008Closes $12.5 Million Bought Deal Financing
6/26/2008Increses Non-Brokered Private Placement
6/19/2008Announces $10 Million Bought Deal Financing
12/1/2007Completes Flow-Through Financing
Project news of Diamonds North Resources Ltd
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7/26/2012and Uranium North Commence Exploration Program on Empire Cre...
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8/17/2011Starts Copper-Silver-Bismuth Exploration Project at Hepburn
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7/14/2011Nickel Exploration Program Begins On Diamonds North's Amaruk...
6/2/2011(Yandle)Stakes Claims With 11.2 g/T Gold Over 3 Metres
5/18/2011Acquires Permits with Grab Samples as High as 43.9 g/T Gold
5/5/2011Acquires Gold Properties with Historic Gold Values up to 709...
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2/23/2011Significantly Expands Gold Target on Amaruk
3/4/2010(Hepburn Project)Discovers Additional High Grade Copper, Silver, and Bismuth ...
8/29/2008(Ualliq)2008 Exploration Program Completed on Ualliq Diamond Propert...
6/14/2008(Amaruk / Pelly Bay Jv)Intersects 9 Metre Zone Grading 2.49% Nickel at Tunerq Nicke...
5/29/2008(Ualliq)Exploration Underway on 330 Kimberlite Targets on Ualliq Dia...
5/22/2008Intersects 24 metres of Sulphides at the Tunerq Nickel Prosp...
3/10/2008(Amaruk / Pelly Bay Jv)Receives Diamonds Results for Qavvik-5 & Qavvik-6, Plans...
2/4/2008Announces Qavvik-1 Kimberlite Results on Amaruk
1/17/2008Higher Nickel Values from Diamonds North's Nickel Discovery
1/14/2008Announces Two More Kimberlites With High Diamond Counts on A...
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1/9/2008(Amaruk / Pelly Bay Jv)Coverage in National Post and Northern Miner
12/14/2007(Siku)Recent Appearance on BNN and Siku Project Update
12/5/2007(Ualliq)100 kimberlite targets have been identified
10/31/2007(Amaruk / Pelly Bay Jv)New Nunavut Nickel Discovery
10/10/2007(Amaruk / Pelly Bay Jv)Increases Kimberlite Tally to 22 on Amaruk
5/24/2007(Amaruk / Pelly Bay Jv)Expands Amaruk Exploration Program Bulk Samples & Drill Test...
5/16/2007(Siku)Resources And Arctic Star Plan C$1,500,000 Exploration Progr...
4/24/2007(Amaruk / Pelly Bay Jv)Char Kimberlite Yields High Diamond Counts All Drilled Kimbe...
Corporate news of Diamonds North Resources Ltd
2/19/2013Amalgamation of Uranium North and Diamonds North Complete; A...
2/8/2013and Uranium North Shareholders Approve Amalgamation
1/18/2013Visit Us at Booth 1034; Presentation Monday Jan 21st - 2:30p...
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10/4/2012Gold Target Areas Identified on the Poland China Project
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1/23/2012Identifies IOCG Targets at Hepburn Property
8/12/2011Field Assessment of Nickel Targets on Diamonds North's Amaru...
7/28/2011Nickel Airborne Survey Completed on Amaruk
7/21/2011Initiates Prospecting on Fox Gold Property with Grab Samples...
7/19/2011Using EM to Generate Kimberlite Target on Amaruk Project
4/19/2011Files Annual Report and Grants Incentive Options
3/22/2011Partners with Indicator Minerals in Pelly Bay Diamond Distri...
8/17/2010Increases Extent Of HI-2 Iron Formation Over 800%
8/12/2010Beluga-3 Bulk Sample Progress
7/23/2010Closes Final Tranche Of Financing
7/22/2010Extends HI-1 Along Strike And Identifies Abundance Of Gossan...
7/16/2010Begins Halkett Inlet Gold Program
7/13/2010Begins Work At Amaruk
7/9/2010Closes Tranche 1 of Financing
4/16/2010Plans Bulk Sample of Beluga-3 Kimberlite
1/21/2010Investing in Nunavut Event
1/17/2010Discovers another Gold Source on Amaruk
12/24/2009Grants Incentive Options
12/1/2009Recovers Larger Diamonds from Beluga-3
10/29/2009Expands Gold Targets on Amaruk
10/19/2009reports 9.4g/T and 24 g/T Gold on Amaruk
10/1/2009To Begin Processing Beluga-3 Bulk Sample
7/30/2009President's Message - July 29, 2009
7/15/2009Begin Diamond & Gold Programs On Amaruk
5/29/2009Options Granted
5/21/2009Reveals High Copper And Silver Values On Hepburn
2/24/2009Diamond Results for Tuktu & Qavvik Kimberlites
1/21/2009Corporate Update
11/4/2008Provides Update on Mini-Bulk Sample Processing
10/1/2008President and CEO Presenting at the Cambridge House 2008 Tor...
9/25/2008Increases Kimberlite Tally to 29 on Amaruk
9/19/2008Begins Processing Tuktu and Qavvik Bulk Samples to Test for ...
6/26/2008Clarification of title, Diamonds North News Release
6/17/2008Recovers 2911, Diamonds from 552 Kilograms of Tuktu-2, Large...
6/4/2008receives mineral chemistry for Tuktu-1 and Qavvik-4 kimberli...
5/27/2008Recovers 2850 Diamonds from 412 Kilograms of Tuktu-1, Includ...
5/14/2008Annual General Meeting: 10 AM , Thursday, May 15th, 2008
4/24/2008 Report to Shareholders
4/10/2008President and CEO Presenting at the Cambridge House 2008 Cal...
3/13/2008announces correction
3/13/2008Recovers Very High Diamond Counts from the Tuktu Cluster Inc...
3/12/2008Receives Diamonds Results for Char Kimberlite
1/4/2008 Diamond Results are Imminent
11/30/2007Diamond Market Conditions and Sakari Update
9/10/2007Discovers 11 New Kimberlites on Amaruk
7/22/2007Completes Banks Island Acquisition
7/11/2007Provides Update on Hepburn
7/5/2007Acquires 100% interest in the Banks Island Project
5/11/2007Options Granted
5/5/2007AGM Thursday May 10th, 2007 and Options Granted
4/18/2007budgets on Sakari and Ualliq properties
3/1/2007Options Granted
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