| July 25, 2008 Nordic Completes Drilling Program on Nyborg VMS Property | |
| Nordic Diamonds Ltd. (NDL) (the "Company" or "Nordic") reports that a diamond drilling program has been completed on the Company's wholly owned Nyborg volcanogenic massive sulphide project located in northern Sweden. A total of six holes, representing approximately 1500 metres, were drilled to test two targets. The target depths varied from 120 to 380 metres and were identified from a Transient Electromagnetic survey ("TEM") undertaken in October, 2007. An extension of the Nyborg Zone was tested with three holes. Extensive zones of silicification, sericite and andalusite alteration were intersected including wide spread intervals of pyrite mineralization; however economic zones of mineralization were not intersected. Two deep holes, over 400 metres each, were found to have deviated significantly and the Company is assessing whether the TEM anomalies were tested effectively. The Nyborg East zone was discovered during an earlier airborne geophysical survey and subsequently confirmed with the TEM survey. This zone was drill tested with three holes. A sulphide zone was drill intersected in two holes. The sulphide zone is steeply dipping, varies in core length from 4.75 to 5.57 metres and consists of pyrite, pyrrhotite, and minor chalcopyrite mineralization. Analytical results indicate that only geochemically anomalous values in copper, zinc and lead are present. Drill core samples destined for analytical processing were cut with a diamond saw and one-half of the core was bagged, tagged, and submitted to ALS Chemex laboratory for sample preparation in Pitea, Sweden, and then shipped to North Vancouver for ICP analysis. The Nyborg project encompasses a mineral prospect, the Nyborg Zone, discovered in 1976 by the Swedish Geological Survey. A total of 56 core holes have been drilled and a mineralized zone extending 600 metres along strike has been previously identified, with drill intercepts from this prospect having assayed up to 6.1% Zn, 0.4% Cu, and 50g/t Ag, over 8.3m; and 9.24% Zn, 0.23% Cu, and 109g/t Ag over 3.1m. The assay results are historical in nature are not NI43-101 compliant, have not been verified by the Company's qualified person and should not be relied upon. Several additional mineralized showings occur coincident with two favorable stratigraphic horizons which extend over 15 kilometres in length contained within the Company's property. The Company is assessing the significance of the results obtained from this drill program and will decide on a course of action following a thorough review of all aspects of this project. Walter Melnyk, P.Eng., President of Nordic Diamonds Ltd., is a Qualified Person as identified by NI 43-101 and is responsible for the design, implementation and quality control of the Company's exploration programs. For complete details of this news release and other projects, please visit the Company's website at www.nordicdiamonds.com or call the Company's representatives at: Telephone: 604-718-5454 Facsimile: 604-646-2054 Email: ON BEHALF OF THE BOARD OF DIRECTORS NORDIC DIAMONDS LTD. Alvin Jackson, P.Geo Chairman and CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Certain information presented in this release may constitute "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. | |
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