VANCOUVER, British Columbia, Aug. 15, 2005 (PRIMEZONE) -- Diamond Discoveries International Corp.(OTCBB:DMDD) is pleased to announce that McPhar Geosurveys Ltd. has completed flying the airborne magnetic survey over the company's Torngat Mountain property. Preliminary results have been made available and final results are forthcoming. As per the press release of July 22nd, an integrated interpretation of all of the newly acquired geophysical data, together with the existing geological and geophysical data, will be undertaken by the firm of Watts, Griffis and McOuat(WGM).
Diamond Discoveries would also like to announce that through the direction of WGM, the 2005 field exploration has commenced. A crew of 12, supported by helicopter, is being mobilized to establish the exploration camp. The crew led by senior geologist Dr. Harrison Cookenboo of WGM will adhere to the following program:
-- An initial period of 5-7 days after arrival on site for
orientation of the crew and the location and independent
sampling of the 'A' kimberlite and any nearby adjacent targets.
-- The drilling of the selected targets is expected to start during
the week of August 22-26. With the support of the helicopter, the
field crews will also be able to visit and sample some of the more
outlying targets. The anticipated termination of the field program
is on or about the 30th of September.
-- WGM in the weeks following will prepare a draft report of field
work and will complete a final report to National Instrument
43-101 standards once the results of analytical test work of the
samples have been received.
Diamond Discoveries International Corp. (DMDD:OTCBB) is a U.S. 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, northeastern Quebec. The Company is focused on exploring for diamonds. The Company has located more than 50 kimberlite dykes and several kimberlite pipes.
About Watts, Griffis and McOuat Limited
WGM is a firm of consulting geologists and engineers, which has served the international mining community since 1962. Due diligence reviews, ore reserve audits, and valuation assignments completed in over 120 countries have contributed to the firm's worldwide reputation of excellence.
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.