09/19/2001- 7 Drillholes Completed

[Franko10 ™]

Seven Large Diameter Drillholes Completed At the Fort a la Corne Diamond Project, Saskatchewan

VICTORIA, British Columbia--(BUSINESS WIRE)--Sept. 19, 2001

Kensington Resources Ltd. (the "Company") is pleased to announce an update on the evaluation program on kimberlite 141 utilizing large diameter reverse circulation, airlift-assist (24-inch) drillholes. A total of ten boreholes were planned for this second phase of drilling, nine of which will test the 141 kimberlite. Large diameter drillholes for minibulk sampling are twinned boreholes located proximal to the most prospective of the sixteen coreholes (a total of 2,413 metres of kimberlite intersected) that were targeted on kimberlites 140, 141 and 150.

Seven large diameter drillholes have been completed to date through a combined kimberlite intersection of 894.6 metres. The combined mass of excavated kimberlite is 587.051 tonnes, of which 338.674 tonnes of wet chips greater than 1.5 mm in size were retained for diamond recovery. Theoretical (excavated) kimberlite masses shown in Table 1 were calculated using continual borehole diameter information from downhole caliper surveys.


Table 1: Interim Summary of Minibulk Sampling

----------------------------------------------------
Kimberlite Theoretical Total Depth
Drillhole Intersection Mass of Hole
Number (metres) Kimberlite (metres)
(tonnes)
----------------------------------------------------
141-20 145.5 93.636 255.18
141-21 142.2 92.535 245.0
141-22 119.0 76.351 231.0
141-23 160.8 100.359 267.0
141-24 115.7 75.507 231.0
141-25 101.3 66.386 206.6
141-26 110.1 82.277 236.2
Total: 894.6 587.051 1,671.98
----------------------------------------------------
Hauling of kimberlite to the secure storage facility in Grande Prairie, Alberta is ongoing and the diamond recovery process will commence this week.

The Fort a la Corne Diamond Project is a joint venture among De Beers Canada Exploration Inc., a wholly owned subsidiary of De Beers (42.25%), Cameco Corporation (CCO-TM;CCJ-DNQX;CMECF-L) (5.5%), UEM Inc. (carried 10%), and Kensington Resources Ltd. (KRT-CDNX;KNSRF-L) (42.25%). The 71+ kimberlite bodies of the Fort a la Corne Field form one of the largest diamondiferous clusters in the world. The 2001 program is funded by Kensington, De Beers, and Cameco.

ON BEHALF OF THE BOARD OF DIRECTORS OF KENSINGTON RESOURCES LTD.

(signed) "David H. Stone"

David H. Stone

President

TRADING SYMBOL: KRT-CDNX

For further information, please contact William Callahan, Manager of Investor Relations at (250) 361-1KRT or by e-mail at [e-mail]

The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Head Office


Suite 304, 1208 Wharf Street
Victoria, British Columbia, CANADA V8W 3B9
Tel: [phone]KRT (361-1578) Fax: [phone]
Website: www.kensington-resources.com
E-Mail: [e-mail]

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