NEW YORK, NY,
June 7, 2011 /PRNewswire/ - Diamond
Discoveries International Corp. (OTCQB.DMDD), a U.S. company
focusing on chromium, platinum group elements (PGE) and gold
exploration on it's 100% owned Caribou Property in Thetford Mines, Quebec is pleased to announce
that Geoffrey M. Gates has joined
the Company as an Advisory Board member.
Mr. Gates has had a long and distinguished
career as an institutional sales executive on Wall Street with a
focus in recent decades on the mining industry. He is a graduate of
Princeton University. After serving in
the U.S. Marine Corps, he started his career at the former Bache
& Co. He has since worked for a number of firms, including
Allen & Co., Laidlaw Adams &
Peck, Mitchum Jones, London &
Bishopsgate and Sanders Morris Harris.
"Geoff Gates'
experience, contacts and insight will prove to be invaluable to the
Company as we move our exploration program forward," said Antonio
Sciacca CEO of DMDD. Mr. Sciacca
added, "He will assist the Company in sourcing joint venture
candidates and introductions within the investment community."
The Company's 2011 development Plan is to focus
on phase one and two exploration programs, which include additional
surface sampling and phase one drilling of 3-5 targets totaling
1-2000 meters for chromium values and 3-5 targets totaling 1-2000
meters for gold values. Priorty drill targets are the Caribou and
Montreal Mines for chromium and PGE values and the Caribou North
for gold values.
The technical content of this press release has
been reviewed and approved by Bertrand
Brassard, P.Geo., a Qualified Person under the quidelines of
National Instrument 43-101
Diamond Discoveries International Corp. is a
U.S. exploration company with executive offices in New York, NY and Burlington, Ontario. Since inception it has
been focused on diamonds, chromium, PGE (platinum, palladium and
rhodium) and gold. In June of 2008 the company received a NI 43-101
technical report on its 100% owned Caribou Property, Thetford Mines, Quebec.
For further information on Diamond Discoveries
International Corp., visit http://www.diamonddiscoveries.com
Forward-Looking Statements
This news release contains discussion of items
that may constitute forward-looking statements within the meaning
of securities laws that involves 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.
Contact Information:
Diamond Discoveries International Corp.
Martin R. De Bono
VP of Corporate Development/Investor Relations
289-288-5300
mdebono@diamonddiscoveries.net
SOURCE Diamond Discoveries International Corp.
