Owner
Post by Franko10 ™ on May 31, 2005 8:01:00 GMT -5
NSDM encouraged in Ukraine and proceeds with exploration in Manitoba
5/31/2005 9:00:27 AM
BELLINGHAM, WA, May 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) president and CEO, Walter Stunder, has returned from Ukraine and reports that the "Orange Revolution Government" is making a serious effort to further westernize their economy, particularly the resource industry. The Ministry of Geology is being re-organized to better serve exploration companies and the re-organization is expected to be completed within two months. Walter Stunder also had a chance to meet with the new Minister of Geology.
Upon Walter's return from Ukraine, two other areas with diamond potential were made available to North Star Diamonds. NSDM was also assured that Ukraine will be a better place for diamond exploration than previously and they may continue their exploration where they left off.
NSDM is expected to return to diamond exploration in Ukraine this fall. In the meantime, NSDM is proceeding with the diamond exploration program in Manitoba. Applications for drilling permits are now in place and Walter Stunder will be visiting the exploration area within the next week to finalize the geophysics and arrange for a drilling commencement date.
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
5/31/2005 9:00:27 AM
BELLINGHAM, WA, May 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) president and CEO, Walter Stunder, has returned from Ukraine and reports that the "Orange Revolution Government" is making a serious effort to further westernize their economy, particularly the resource industry. The Ministry of Geology is being re-organized to better serve exploration companies and the re-organization is expected to be completed within two months. Walter Stunder also had a chance to meet with the new Minister of Geology.
Upon Walter's return from Ukraine, two other areas with diamond potential were made available to North Star Diamonds. NSDM was also assured that Ukraine will be a better place for diamond exploration than previously and they may continue their exploration where they left off.
NSDM is expected to return to diamond exploration in Ukraine this fall. In the meantime, NSDM is proceeding with the diamond exploration program in Manitoba. Applications for drilling permits are now in place and Walter Stunder will be visiting the exploration area within the next week to finalize the geophysics and arrange for a drilling commencement date.
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
