Nordic Diamonds Ltd Exploration & Corporate Update by 24hgold

Re: News Release - Tuesday, November 13, 2007
Title: Exploration & Corporate Update

Nordic Diamonds Ltd. (the "Company" or "Nordic"), wishes to provide an update on the Company's exploration activities on its key properties:

Boutounguissi Gold Project, Mali

The Company has commenced a 5,000 metre percussion drill program. The drilling will test both the West and East anomalies. Results will be released upon the completion of whole drill program.

Historic exploration work on the property dates back to 1989 when regional geological mapping was undertaken followed by episodes of soil and litho-geochemical sampling, geophysics and trenching. The result of this work was the discovery of two large gold soil geochemical anomalies near the north boundary of the Boutounguissi Sud claim. In the month of June, the Company completed an in-fill geochem survey. The survey resulted in the extension of the West anomaly to the south. The West anomaly now measures approximately 800m by 1500m with values up to 875 ppb gold.

The adjoining Boutounguissi Sud and Aourou claims are located in western Mali, approximately 450 km northwest of the capital Bamako. The Company is earning into a 70% undivided interest in the two claims. The total area represented by these two claims is 242.7 km².

The Boutounguissi Sud and Aourou claims are underlain by Proterozoic Birimian series greenstone belt rocks comprising volcanic and sedimentary rocks. The Birimian greenstone belts of Mali host some of the largest gold deposits in the world including Sadiola, Yatela, Morila, and Syama that combined contain approximately 35 to 40 million ounces of gold. The Sadiola deposit is located 120 kilometers to the south and the Loulo deposit is located 190 kilometers to the south of the Company's concessions.

Walter Melnyk, P.Eng., President of Nordic Diamonds Ltd., is a Qualified Person as identified by NI 43-101 and is responsible for the design, implementation and quality control of the Company's exploration programs.

Kuopio-Kaavi Diamond Project

Sunrise Diamonds Plc. ("Sunrise Diamonds") has now completed drilling on three priority kimberlites in the Company's Joint Venture claim areas in the Kaavi-Kuopio region of central Finland where Sunrise Diamonds is earning up to a 75% interest from Nordic.

Samples of approximately 200kg have been collected from each kimberlite body and have now been sent to SGS Laboratories in South Africa for micro-Diamond extraction by caustic dissolution. Dissolution concentrates from these samples will then be sent to Mineral Services Laboratories in South Africa for micro-Diamond picking, Diamond weighing and characterization and, where possible, grade modeling.

The drill programme successfully sampled Kimberlites 10, 14 and 17 which were selected following encouraging mineral chemistry results, a reinterpretation of historic exploration results and based on the recommendations of Mineral Services Canada Inc, consultants to Sunrise Diamonds.

The Company is also pleased to advise that its drilling has demonstrated a substantial increase in size of Kimberlite 14 as well as the potential for further increases. Although historic drilling did not define the limits of this kimberlite, it has been previously thought to be small as the associated ground magnetic anomaly covered an area of only 0.35ha.

However, a step out drill hole completed by Sunrise Diamonds as part of the recently completed programme shows that Kimberlite 14 extends to the north beyond the limits of the associated ground magnetic anomaly. Here the kimberlite has a lower ground magnetic response, appears to be wider and remains open along strike to the north. It also remains open to the south and at depth from historic drilling and is now estimated to have a minimum surface area of 0.65ha.

The shape of Kimberlite 14 is consistent with that of a thick dyke suggesting it might have a significant strike length and tonnage potential. If Diamond sampling results from this kimberlite are favorable, further drilling will be carried out to fully delineate the body.

The results of Diamond picking are expected within 2-3 months.

Corporate Update

Nordic has completed a non-brokered private placement of up to 3,750,000 Units ("Units") at a price of $0.20 per Unit for total gross proceeds of $750,000 .

Each Unit will consist of one common share and one share purchase warrant exercisable into an additional common share at a price of $0.35 for 24 months from closing of the private placement. If the closing price for the Company's shares is $0.60 or greater for a period of 10 consecutive trading days, then the holder of the warrants will have 30 days to exercise their warrants, otherwise their warrants will expire. The 30 day period will commence seven (7) calendar days after the 10th premium trading day.

The proceeds of the private placement will be used for continuing exploration programs on the Company's mineral exploration projects and for general working capital. A finder's fee of $60,000 was paid with respect to this placement.

After the completion of the financing, the Company now has 51,463,318 Issued and Outstanding Shares.

Nordic Diamonds Ltd is a Canadian exploration company actively involved in the exploration and development of Diamond and metals projects in Northern Canada, Scandinavia and West Africa.

For complete details of this news release and other projects, please visit the Company's website at www.nordicdiamonds.com or call the Company's representatives at:

Telephone: 604-718-5454
Facsimile: 604-646-2054
Email: info@nordicdiamonds.com

Investor Relations:
First Canadian Capital Corp.
Tele: 416-742-5600
1-866-580-8891

ON BEHALF OF THE BOARD OF DIRECTORS
NORDIC DIAMONDS LTD.

Alvin Jackson, P.Geo
Chairman and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information presented in this release may constitute "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements.

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