Post by Franko10 ™ on Sept 19, 2004 9:55:38 GMT -5
North Star Diamonds, Inc. President updates corporate developments
- PR Newswire
BELLINGHAM, WA, Oct 6, 2003 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM). North Star Diamonds, Inc. is pleased to report a message from the President, Mr. Walter Stunder.
Mr. Stunder states...."Since I assumed the position as President of North Star Diamonds, Inc., the Company has made very substantial progress in the development of the Company's diamond assets. We have established a good shareholder base and it is our aim to enhance shareholder value.
Recently, North Star Diamonds acquired a substantial claim block in Manitoba Canada which is very prospective for diamonds. This area is located in the Superior Craton. Over 23% of the world's Archean rocks are comprised of rocks of the Superior Craton. The Archean hosts many of the world's largest diamond mines. Since Canada now produces 12% of the world's diamonds, the management has strategically located the Company in a premier Canadian diamond play.
It is estimated that within twenty years, Canada could supply up to 50% of the world's diamond production. The Company feels that with the Superior Craton Project and the assets in Ukraine, North Star is focused on establishing the Company as a true world explorer in search for diamonds.
The Government of the Province of Manitoba is very supportive of North Star Diamonds, Inc. and has invited the Company to participate in the Mining and Minerals Convention in Winnipeg, Manitoba from November 13-15, 2003. Company representatives will also meet with the Minister of Mines and the Province's Premier. Manitoba is located north of the State of Minnesota.
The Company's many projects in Ukraine will still be aggressively explored with significant programs currently in place. Diamond results will be released immediately as they become available. North Star Diamonds, Inc. is committed to a long-range plan for diamond exploration and is also currently seeking and reviewing other diamond acquisition opportunities that will further enhance shareholder value. The Company is also committed to proceeding to the OTC Bulletin Board and become fully reporting as soon as possible."
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 877-454-7872 or
Email: contact@northstardiamondsinc.com
Walter Stunder, President.
SOURCE North Star Diamonds, Inc.
Toll Free: 877-454-7872 or Email:
contact@northstardiamondsinc.com
(NSDM)
Copyright (C) 2003 PR Newswire. All rights reserved
- PR Newswire
BELLINGHAM, WA, Oct 6, 2003 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM). North Star Diamonds, Inc. is pleased to report a message from the President, Mr. Walter Stunder.
Mr. Stunder states...."Since I assumed the position as President of North Star Diamonds, Inc., the Company has made very substantial progress in the development of the Company's diamond assets. We have established a good shareholder base and it is our aim to enhance shareholder value.
Recently, North Star Diamonds acquired a substantial claim block in Manitoba Canada which is very prospective for diamonds. This area is located in the Superior Craton. Over 23% of the world's Archean rocks are comprised of rocks of the Superior Craton. The Archean hosts many of the world's largest diamond mines. Since Canada now produces 12% of the world's diamonds, the management has strategically located the Company in a premier Canadian diamond play.
It is estimated that within twenty years, Canada could supply up to 50% of the world's diamond production. The Company feels that with the Superior Craton Project and the assets in Ukraine, North Star is focused on establishing the Company as a true world explorer in search for diamonds.
The Government of the Province of Manitoba is very supportive of North Star Diamonds, Inc. and has invited the Company to participate in the Mining and Minerals Convention in Winnipeg, Manitoba from November 13-15, 2003. Company representatives will also meet with the Minister of Mines and the Province's Premier. Manitoba is located north of the State of Minnesota.
The Company's many projects in Ukraine will still be aggressively explored with significant programs currently in place. Diamond results will be released immediately as they become available. North Star Diamonds, Inc. is committed to a long-range plan for diamond exploration and is also currently seeking and reviewing other diamond acquisition opportunities that will further enhance shareholder value. The Company is also committed to proceeding to the OTC Bulletin Board and become fully reporting as soon as possible."
Disclaimer: The Company relies upon the safe Harbor Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements.
CONTACT: Toll Free: 877-454-7872 or
Email: contact@northstardiamondsinc.com
Walter Stunder, President.
SOURCE North Star Diamonds, Inc.
Toll Free: 877-454-7872 or Email:
contact@northstardiamondsinc.com
(NSDM)
Copyright (C) 2003 PR Newswire. All rights reserved