Post by Franko10 ™ on Jan 10, 2006 19:32:52 GMT -5
January 10, 2006
NSDM Progress Report
BELLINGHAM, WA, January 10, 2006/PRNewswire-FirstCall via COMTEX/-- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) announces that the geophysics on two of the Phase 6 targets have now been completed and the compilation and mapping is now under way. More geophysical work will be done as soon as the results from the first program are complete.
Mr. George Tagoe-Wilson reports that the bookkeeping for two years up to June 30, 2005 is now complete and ready for auditing. He is now working on the updating the books till Dec. 31/2005.
NSDM is presently performing due diligence on a property which is purported to be diamondiferous. NSDM has been studying one property on which diamonds have been discovered and has the rights of first refusal. The acquisition on the property will greatly enhance the position of NSDM.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
Disclaimer: This press release contains statements, which may constitute ``forward-looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
NSDM Progress Report
BELLINGHAM, WA, January 10, 2006/PRNewswire-FirstCall via COMTEX/-- North Star Diamonds, Inc. (NQB Pink Sheets: NSDM) announces that the geophysics on two of the Phase 6 targets have now been completed and the compilation and mapping is now under way. More geophysical work will be done as soon as the results from the first program are complete.
Mr. George Tagoe-Wilson reports that the bookkeeping for two years up to June 30, 2005 is now complete and ready for auditing. He is now working on the updating the books till Dec. 31/2005.
NSDM is presently performing due diligence on a property which is purported to be diamondiferous. NSDM has been studying one property on which diamonds have been discovered and has the rights of first refusal. The acquisition on the property will greatly enhance the position of NSDM.
CONTACT: Toll Free: 1-877-454-7872, or
Email: contact@northstardiamonds.net
Walter Stunder, President
Disclaimer: This press release contains statements, which may constitute ``forward-looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of North Star Diamonds Inc., and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.