Nordic Diamonds Ltd Exploration Program Update by 24hgold

Mots clés associés : Canada | Mali |

Re: News Release - Thursday, May 08, 2008
Title: Exploration Program Update

BRSC-WM Diamond Project, Nunavut

Nordic Diamonds Ltd. (the "Company" or "Nordic") wishes to announce that the diamond drilling program at its BRSC-WM Diamond Project in Nunavut has been completed. Six targets were drill tested and kimberlite was not intersected. The drill holes targeted topographic and geophysical anomalies however sources responsible for the two indicator mineral trains remain undiscovered. The Company is evaluating its options and will decide on a future course of action.

Boutinguissi Sud Gold Project, Mali

Phase II of a Reverse Circulation ("RC") drilling program has been completed on the Company's Boutinguissi Sud gold concession located in Mali, West Central Africa and all of the assays have been received.

Historic soil geochemical sampling and recent sampling undertaken by the Company had identified three large gold soil geochemical anomalies with values up to 1,780ppb. The largest anomaly measures 1,300 meters long and 900 meters wide and had been subject to trenching by the Mali government in 1989.

The Company undertook a Phase I reverse circulation (RC) drilling program, comprising 5,866 meters starting in mid-November and ending at the end of December, 2007 targeting the gold soil geochemical anomalies. The purpose of the drilling program was to determine the presence of mineralized gold zones near surface, the intensity and the approximate orientation of the zones. Based on favorable results from the first phase program, a Phase II RC drill program was undertaken, starting at the beginning of February and ending in March.

The Phase II drilling program comprised 4005 meters of RC drilling in 102 holes varying in depth from 25 meters to 150 meters. The Phase II program entailed the drilling of three additional profiles comprising 25 meter holes, four 150 meters holes testing two volcanic breccia zones and eleven 100 meter holes testing previously identified gold zones.

Significant gold assays were found in the following drill holes:

The following table lists the significant gold assays identified in the Phase II drilling program:

PROFILE	HOLE	FROM	TO	INTERVAL	Au ASSAY	Au
	#	(m)	(m)	(m)	(ppb)	g/t
N2	38	0	18	18	797	0.8
	inc	10	18	8	960	1.0

N2	39	18	22	4	3670	3.7
	39	46	48	2	995	1.0

N9	17	12	14	2	991	1.0

N10	10	16	22	6	733	0.7
	19	22	24	2	2035	2.0

N11	20	14	20	6	630	0.6
	13	8	22	14	789	0.8
		inc. 8	14	6	1219	1.2
	22	14	16	2	897	0.9
	25	22	32	10	1834	1.8
	26	0	2	2	6094	6.1

	NC1	16	28	12	1188	1.2
		34	38	4	838	0.8
		46	50	4	737	0.7

	NC2	14	16	2	1036	1.0
		24	28	4	961	1.0
		34	50	16	1766	1.8
		70	72	2	1011	1.0

	NC3	18	20	2	1742	1.7
		94	96	2	1607	1.6

	NC4	20	22	2	875	0.9

	NC6	2	6	4	2068	2.1
		26	30	4	1008	1.0

	NN1	34	36	2	2429	2.4

	NN2	66	80	14	983	1.0
		102	104	2	1323	1.3

	Nc7	42	54	12	2645	2.7
		inc. 46	52	6	4555	4.6
	Nc8	20	28	8	756	0.8

	Nc9	30	36	6	1921	1.9

	Nc10	12	18	6	665	0.7

A broad irregular zone of gold mineralization has been identified following the completion of the two phases of RC drilling. Drilling has determined that the gold zone is complex and the structural controls are not well understood.

Based upon these two drill programs, the Company has decided not to continue with further exploration on the property due to the relatively low grades and erratic nature of the mineralization.

The RC drill samples were transported to and processed at SGS Analabs Mali SARL in Kayes located about 90 kilometers to the south of the property. All services provided by SGS Analabs SARL conform to quality assurance protocol ISO 17025.

Nyborg VMS Project, Sweden

Drilling on the Company's Nyborg Volcanogenic Massive Sulphide (VMS") Project located in northern Sweden is ongoing with the program expected to be completed in 4 weeks.

A total of six targets located in two separate zones will be drill tested. The targets vary in depth from 170 to 400 meters and were identified during a Transient Electromagnetic survey (TEM) undertaken during October 2007. The program will consist of approximately 1800 meters of drilling.

Walter Melnyk, P.Eng., President of Nordic, 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.

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

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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