Diamonds North Expands Gold Targets on Amaruk

VANCOUVER, BRITISH COLUMBIA, Oct 29 (MARKET WIRE) --
Diamonds North Resources Ltd. (TSX VENTURE: DDN) announces the discovery
of 21 additional gold target areas on its 100% owned Amaruk property in
Nunavut. These areas are in addition to the recently announced PB1 gold
prospect where a continuous rock chip sample yielded 9.4 g/T gold over 3
metres and a nearby grab sample contained 24 g/T gold (see news release
NR09-15, October 19th, 2009).

First pass regional prospecting of an 80 x 80 kilometre area on Amaruk
has identified numerous gold occurrences predominantly in the central
part of the Amaruk property:

1. 3 regions with assays greater than 1.0 g/T gold

2. 7 regions with samples yielding 100 ppb to 1.0 g/T gold

3. 11 regions with elevated gold between 20 and 100 ppb

Each of these gold target areas are discrete and represent an exploration
target area in the order of about 5 x 5 kilometres. All regions are
within 50 kilometres of the coast.

"These are extraordinary results for first pass prospecting in such a
large region never previously explored for gold. Based on the abundance
of gold grains in till samples, the gold results at the PB1 prospect and
the extent of areas with gold mineralization, I believe that we have just
scratched the surface of a new gold district. The Company has begun
planning for an extensive gold exploration program on Amaruk to coincide
with our diamond program," says Mark Kolebaba, President & CEO of
Diamonds North.

Prospecting was conducted in areas with abundant gold grains in till
samples (see news release NR09-11, July 14th, 2009). A total of 207 rock
samples were collected. These initial results outline 21 areas requiring
immediate follow up prospecting and sampling prior to drilling. This is
encouraging due to the fact that in most cases, only one day of
prospecting along a single traverse by a two person prospecting team was
conducted at each site with the objective of identifying bedrock sources.
Bedrock gold sources have not yet been identified at some of the most
significant gold in till anomalies on the property. The Company has also
identified additional regions with anomalous gold in till samples that
have not yet been prospected.

As part of the prospecting program, previous holes drilled by the Company
on the property that intersected sulfide bearing rocks rather than
kimberlite have been analyzed. Drill hole GA-5 (now named PB2) which
contained gold is described below. Fifteen additional drill holes with
sulfides will be reviewed for gold potential.

Geological site descriptions for regions with samples yielding greater
than 1.0 g/T gold are provided below.

PB2

Rock samples with sulfides from a reverse circulation drill hole
targeting kimberlite yielded 1.4 g/T and 1.0 g/T gold over 2 separate 1.5
metre intervals. Ten additional 1.5 metre samples from the drill hole
have been submitted for assay. All samples contain sulfide minerals.

A small gold in till anomaly occurs down-ice of the drill hole, however,
a much larger gold in till anomaly occurs 2 kilometres up-ice. Based on
the glacial ice flow direction and the location of the drill hole in
relation to the main till anomaly, much more gold mineralization is
expected immediately up-ice of PB2.

PB3

At PB3, four grab samples were collected from rusty gossan zones in
probable metasedimentary rocks. Sulfides including pyrite and
chalcopyrite were observed. The best assays contain 1.2 g/T and 0.6 g/T
gold and up to 49.5 g/T silver. Base metal values are elevated (0.14% Cu,
0.57% Pb and 0.29% Zn). Similar gossan zones were observed over an area
spanning about 1 kilometre.

PB4

At PB4, abundant sulfide bearing angular boulders were identified over an
area spanning approximately 1 kilometre. The source of the boulders
appears to be the contact of a quartz diorite pluton intruding
metasedimentary rocks. A total of five samples were collected for assay.
Sample 24236 which is the closest sample to the quartz diorite contact
yielded 1.0 g/T gold.

Planning is underway for an extensive gold exploration program to begin
in the first quarter of 2010. The PB1 Gold prospect is considered high
priority for drilling and plans for the other 21 gold prospects include
detailed mapping and prospecting in preparation for drilling. Plus
additional prospecting will be conducted on other unexplored till
anomalies.

Bruce Kienlen (P.Geol) and Graham Gill (P. Geo) are Diamonds North's
qualified persons reviewing this project. They are responsible for the
design and conduct of exploration programs and the verification and
quality assurance of analytical results. All assay results are provided
by ALS Chemex.

About Diamonds North

Diamonds North Resources is rapidly evolving and committed to building
long-term value for shareholders through ongoing discoveries and
leveraging business opportunities from our vast land holding.

On behalf of Diamonds North Resources Ltd.

Mark Kolebaba, President & CEO

Statements in this press release, other than purely historical
information, including statements relating to the Company's future plans
and objectives or expected results, may include forward-looking
statements. Forward-looking statements are based on numerous assumptions
and are subject to all of the risks and uncertainties inherent in
resource exploration and development. As a result, actual results may
vary materially from those described in the forward-looking statements.

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

Contacts:
Diamonds North Resources Ltd.
Nancy Curry
VP Corporate Communications
(604) 689-2010
(604) 484-7143 (FAX)
info@diamondsnorth.com
www.diamondsnorth.com

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