Owner
Post by Franko10 ™ on Apr 13, 2005 8:03:52 GMT -5
NSDM prepares for summer drilling program
4/13/2005 9:00:40 AM
BELLINGHAM, WA, April 13, 2005 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) is pleased to announce that work has begun on the preparation of the summer drilling program. The preparation consists of the finalization of data available to establish the location of the drill holes. All data was taken from our Computer Enhanced Airborne Geophysics. Exact geophysical location of the drill targets will be established by ground geophysics prior to drilling. The drilling is expected to take place in May, providing the ground conditions are suitable for moving the drills into place. The area where the drilling will take place is in an area where sandy soils prevail and the land should be suitable for allowing heavy equipment to be positioned for drilling.
The scheduled winter program was postponed till fall of 2005 due to a number of factors. Mainly, the proposed joint venture partners were not able to fund the project. However, the targets for the winter program will be drilled when the ground freezes in fall or early winter.
Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
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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.
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email: contact@northstardiamonds.net
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
4/13/2005 9:00:40 AM
BELLINGHAM, WA, April 13, 2005 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) is pleased to announce that work has begun on the preparation of the summer drilling program. The preparation consists of the finalization of data available to establish the location of the drill holes. All data was taken from our Computer Enhanced Airborne Geophysics. Exact geophysical location of the drill targets will be established by ground geophysics prior to drilling. The drilling is expected to take place in May, providing the ground conditions are suitable for moving the drills into place. The area where the drilling will take place is in an area where sandy soils prevail and the land should be suitable for allowing heavy equipment to be positioned for drilling.
The scheduled winter program was postponed till fall of 2005 due to a number of factors. Mainly, the proposed joint venture partners were not able to fund the project. However, the targets for the winter program will be drilled when the ground freezes in fall or early winter.
Attracting joint venture partners is part of NSDM's strategy to add value to its numerous properties while minimizing share dilution to its shareholders. NSDM is actively pursuing additional joint venture property option partners.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
-------------------------------------------------------------------------
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.
SOURCE North Star Diamonds, Inc.
Toll Free: 1-877-454-7872, or Email: contact@northstardiamonds.net
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
