Otish Announces Chief Technical Advisor

NEW YORK, May 21, 2004 (PRIMEZONE) -- Otish Mountain Diamond Company, Inc. (OTCBB:OMDC), a diamond exploration company conducting exploration activities in the Otish Mountains region of northern Quebec, announced today the importance of its Chief Technical Advisor, Mr. Martin St. Pierre. Mr. St. Pierre will be responsible for the overall coordination of all aspects of the Otish Mountains Project from heading and coordinating the project work plan, to delivery of all substantive technical reports.

Martin St. Pierre brings with him a wealth of experience in metal and diamond exploration ventures from several of his Uranium and Gold exploration projects in Quebec, Alberta and British Columbia. Previously, as a Project Geophysicist for BHP Minerals Canada in British Columbia and the Northwest Territories, Martin was directly involved with the discovery of more than 50 kimberlites, including the valuable Sable and Pidgeon kimberlites. From 1996 to 1999, as Senior Project Geoscientist for BHP Diamonds, he designed and maintained exploration and mineral sampling programs in Canada, South America, Southern Africa, and Australia. Mr. St. Pierre has since started his own consulting firm in 1999 and is a graduate of McGill University in Montreal.

According to Chief Executive Officer, Max Pozzoni, "We are very excited to have Martin on board as the Chief Technical Advisor. This is a critical role encompassing many aspects of our business from coordination through delivery. I am confident that with all the expertise Martin has brought with him to Otish, he will be a great asset to our company."

About Otish Mountain Diamond Company

Otish Mountain Diamond Company, founded in August 2003, is an exploration company conducting diamond exploration activities in the Northern part of Quebec. The Company's claims encompass a total of 75,000 acres among 8 different properties in the Otish Mountains region and are located in under-explored areas next to significant diamond discoveries. Geologists believe that there is good potential for the discovery of diamond-bearing kimberlites at these sites due to their geological settings and close proximity to valuable explorations sites of industry leaders Ashton Mining, Majescor and Dios (in partnership with DeBeers of South Africa).

Safe Harbor Statement

The statements contained in this news release that are not historical facts may be statements regarding the Company's future that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe the Company's hopes, plans, objectives, goals, intentions or expectations are all forward-looking statements. Any such statements made herein about the Company's future are only made as of the date of this news release. Numerous factors, many of which are beyond the Company's control, may affect actual results. The Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.


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