Owner
Post by Franko10 ™ on Dec 15, 2004 14:08:47 GMT -5
NSDM announces 2005 exploration program
12/15/2004 2:52:00 PM
BELLINGHAM, WA, Dec 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) has formulated plans for 2005 which will begin in early January.
NSDM now controls 121,808 acres of strategically located diamond claims in the most promising areas for diamond exploration in Canada. These claims were staked using Computer Enhanced Geological Imaging system that enhances the image of potential kimberlite pipes. The identification of kimberlite pipes is a significant step toward a successful exploration program.
NSDM has reached agreement with a very well known Canadian joint venture partner. More details of this agreement will be announced when regulatory approval is received. Walter Stunder, President of NSDM explained that this partnership will add significant resources to an immediate kick-off of the 2005 exploration program without compromising or diluting share holder value. The drilling program can now be executed for 2005.
Phase 3 - Pelican Rapids located 235 miles NW of Winnipeg. (Big Blue)
Phase 4 - Whitemouth Lake located 50 miles SE of Winnipeg.
Phase 5 - Winnipeg Lake located 36 miles NE of Winnipeg.
Phase 6 - Grunthal located 28 miles SE of Winnipeg.
All phases have very good kimberlite indicator minerals (KIMs) and the geological formations have the classic kimberlitic formations. Additional information is being posted onto our updated website.
To better inform the shareholders NSDM has engaged the services of Rothchild Corporation to redesign the present website and to update it on a regular basis. Mr. Rothchild is also the President of the Vancouver Chapter of the International Webmasters Association.
"We expect a busy season for diamond sales and also a busy exploration program" states Walter Stunder, President and CEO.
For further information on NSDM, visit www.northstardiamonds.net
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: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.
12/15/2004 2:52:00 PM
BELLINGHAM, WA, Dec 15, 2004 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) has formulated plans for 2005 which will begin in early January.
NSDM now controls 121,808 acres of strategically located diamond claims in the most promising areas for diamond exploration in Canada. These claims were staked using Computer Enhanced Geological Imaging system that enhances the image of potential kimberlite pipes. The identification of kimberlite pipes is a significant step toward a successful exploration program.
NSDM has reached agreement with a very well known Canadian joint venture partner. More details of this agreement will be announced when regulatory approval is received. Walter Stunder, President of NSDM explained that this partnership will add significant resources to an immediate kick-off of the 2005 exploration program without compromising or diluting share holder value. The drilling program can now be executed for 2005.
Phase 3 - Pelican Rapids located 235 miles NW of Winnipeg. (Big Blue)
Phase 4 - Whitemouth Lake located 50 miles SE of Winnipeg.
Phase 5 - Winnipeg Lake located 36 miles NE of Winnipeg.
Phase 6 - Grunthal located 28 miles SE of Winnipeg.
All phases have very good kimberlite indicator minerals (KIMs) and the geological formations have the classic kimberlitic formations. Additional information is being posted onto our updated website.
To better inform the shareholders NSDM has engaged the services of Rothchild Corporation to redesign the present website and to update it on a regular basis. Mr. Rothchild is also the President of the Vancouver Chapter of the International Webmasters Association.
"We expect a busy season for diamond sales and also a busy exploration program" states Walter Stunder, President and CEO.
For further information on NSDM, visit www.northstardiamonds.net
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: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email:
contact@northstardiamonds.net
(NSDM)
Copyright (C) 2004 PR Newswire. All rights reserved.
