NEWS

2008

Exploration Underway on 330 Kimberlite Targets on Ualliq Diamond Property

VANCOUVER, May 29th, 2008 - Diamonds North Resources (DDN: TSX.V) and International Samuel Exploration Corp. (TSX-V: SAZ), announce that the 2008 Ualliq exploration program is underway. A total of 330 airborne geophysical targets have been identified, of which approximately 80 are rated as high to moderate priority. Significantly, 47 of the targets range in size from 2 to 7 hectares.

The Companies have approved a two phase program designed to screen targets ahead of an intensive drilling program. A camp has been established and field work is underway. The Ualliq property is located near Diamond North’s Amaruk discovery in the Pelly Bay Diamond District of Nunavut where 22 kimberlites have been discovered, including the highly diamondiferous Tuktu kimberlite (see Diamonds North News Release dated May 27, 2008).

The two Companies have adopted an exploration approach similar to the approach taken on the Amaruk property. This year’s plan includes ground geophysics on 60 to 100 airborne geophysical targets. Up to 20 targets will be drill tested to confirm the presence of kimberlite. Any kimberlite intersected will be submitted for microdiamond analysis.

“The Ualliq property is advancing much like the Amaruk property did” says Mark Kolebaba, President and CEO of Diamonds North. “We are seeing good mineral chemistry and a large number of targets, some with considerable size potential. Based on current data, it is very likely that the Amaruk kimberlite field extends on to the Ualliq property.”

Conrad Swanson President of International Samuel states “The Ualliq property benefits from the exploration knowledge gained from over $20 million of diamond exploration on the adjacent Amaruk property. I think we have a great chance for discoveries here.”

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's qualified persons reviewing these projects. They are responsible for the design and conduct of the exploration programs and the verification and quality assurance of analytical results.

ABOUT DIAMONDS NORTH

Diamonds North Resources is the dominant explorer in the Pelly Bay region and is focused on discovering Canada’s next diamond mine. The Company is rapidly evolving and committed to building long-term value through ongoing diamond discoveries.

ABOUT INTERNATIONAL SAMUEL

International Samuel is an active diamond explorer with a drill program planned for the Ualliq property and a VTEM survey on its Reed Lake property located in the prolific Flin Flon mining camp.

ON BEHALF OF THE BOARD OF DIRECTORS

Mark Kolebaba
President & CEO
Diamonds North Resources Ltd.

For further information, please contact:
Corporate Communications: Nancy Curry
Telephone: (604) 689-2010
Facsimile: (604) 484-7143
Website: www.diamondsnorth.com
Email: info@diamondsnorth.com

Conrad Swanson
President
International Samuel Exploration Corp.

For further information, please contact:
Telephone: 604-718-5454
Toll Free: 888-500-4587
Web: http://www.internationalsamuel.com

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