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      News Release - Thursday, March 24, 2011
      Diamonds North Identifies a New Type of Kimberlite Target on
      Amaruk
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VANCOUVER, March 24, 2011 - Diamonds North Resources Ltd. (TSX-V: DDN)
reports that it has identified several new kimberlite targets on the
Amaruk property using Electro-magnetic (EM) airborne data and plans for
evaluating this new generation of prospective targets are underway. The
Amaruk Property is located in the Pelly Bay Diamond District in
Nunavut, Canada. 

Diamonds North has adopted the use of an innovative electromagnetic
(EM) geophysical method that is interpreted to penetrate the conductive
overburden cover in the region. This targeting has led to the
identification of sizable kimberlite targets (greater than 400 metres
in diameter) with kimberlite indicator mineral support.  The potential
of this EM method prompted the recent partnership with Indicator
Minerals Inc. on the adjacent Barrow Property (See News Release 11-04,
March 22, 2011) and provides Diamonds North with the opportunity to
expand the application of this targeting system over a larger
prospective region. 

"For the first time we have identified priority EM targets on Amaruk. I
believe this could be a significant breakthrough for discovering
economic kimberlites in the region. It should be noted that the
kimberlites mined at the Ekati and Diavik Diamond Mines are EM
conductors and we are eager to test this new range of targets on Amaruk
and Barrow" says Mark Kolebaba President and CEO of Diamonds North. 

Previously, interpretation of airborne EM over many parts of the Amaruk
and the Barrow property has been ineffective as a targeting tool for
kimberlite due to the presence of conductive overburden. Until recently
the only effective geophysical kimberlite targeting tool available in
the area has been through the use of magnetic data. Targeting with
magnetics has lead to the discovery of 25 kimberlites and drilling has
confirmed that Amaruk is a diamondiferous kimberlite field.

Diamonds North intends to apply this new innovative method of EM to
other parts of the Amaruk and Barrow properties targeting crater facies
kimberlites. Kimberlite indicator mineral trains with highly
prospective chemistry remain unresolved across the property.
Re-interpretation of the indicator mineral data is currently underway.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) will be Diamonds
North's qualified persons reviewing this project.

About Diamonds North
Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.

On behalf of Diamonds North Resources Ltd.


Mark Kolebaba
President & CEO

For additional information please contact:
Troy Shultz
Manager, Corporate Communications 
Diamonds North Resources Ltd.
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Email: info@diamondsnorth.com
Website: www.diamondsnorth.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.

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Copyright (c) 2011 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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