VANCOUVER, British Columbia, April 6, 2004 (PRIMEZONE) -- Diamond Discoveries International Corp. (OTCBB:DMDD) is pleased to announce results of the 2003 field program over its Torngat Mountains diamond project in north-eastern Quebec. The exploration program, managed by Prospecting Geophysics Ltd. of Val D'Or, Quebec, consisted of geological mapping, rock sampling, stream geochemistry, ground magnetometer surveys and prospecting. Analytical results are still being received. Pursuant to the press release concerning receipt of financing on March 19, 2004, much of this financing will be used to process four tonnes of bulk samples that will be analysed for indicator minerals and caustic fusion analysis for presence of diamonds
The program defined and evaluated four loosely bounded belts containing more than 50 kimberlite dykes, two kimberlite pipes and several suspected dykes. Besides the two macro diamonds and 13 microdiamonds previously discovered in the A dyke in 2000, and the rubies reported from the D, F and K dykes in 2001, the SGS Lakefield Research discovered diamond fragments from kimberlite/aillikite samples taken from the F, E, B, G, Yvon #2, Champagne pipe, Peter Lake, P, U, Bella, at eight locations on the St. Pierre N. dyke and at five locations along the MJR kimberlite dyke in 2003. Subsequently in 2003, diamond fragments have been verified at Mount Jacques Rousseau.
Geologist, Robert Dillman, consultant to Diamond Discoveries, received results from C. F. Mineral Research Limited of microprobe analysis of several picked mineral samples from various dykes. The January, 2004 results indicated forsterite olivines and clinopyroxenes with diamond inclusion compositions, some of which are associated with large diamonds were noted in the Yvon #2, K16 and St Pierre South dykes. The February, 2004 results determined the presence of chrome diopside and forsterite olivine (Diamond Indicator Minerals) from seven dykes, named: St. Pierre dyke, St Pierre Extension, A Dyke, C Dyke Champagne, K dyke and K25 dyke. Five of the dykes have an aillikite composition and the St Pierre and St Pierre extension have a kimberlite composition. Using the C.F. Minerals classification, 100% of the olivine grains analyzed from the St. Pierre, St Pierre Extension and the K dyke are classified as having diamond inclusion compositions and there is potential for these dykes to host diamonds.
With these results in hand, Diamond Discoveries International Corp. is planning an aggressive program of core drilling and bulk sampling of the many targets that are presently defined.
On behalf of the Board, John Kowalchuk B.Sc. P.Geo., President and CEO (604)683-1368 JKowalchuk@shawcable.com
ABOUT DIAMOND DISCOVERIES INTERNATIONAL CORP:
Diamond Discoveries International Corp (DMDD-OTCBB) is an US exploration company with executive offices in Vancouver, B.C. Through its wholly owned subsidiary Diamond Discoveries (Canada) Inc. it controls certain mineral permits in the Torngat Mountains Peninsula, north-eastern Quebec. The Company is focused on exploring for diamonds. The Company has located more than 50 kimberlite dykes and several kimberlite pipes. This summer, they plan on actively sampling the targeted areas for diamonds both by bulk sampling and core drilling.
Forward-Looking Statement
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.