DIAMOND EXPLORATION NEWS Fort La Corne Yields 10.23-ct Stone

PRINCE ALBERT, Saskatchewan A diamond weighing 10.23 ct has been recovered from the Fort la Corne joint venture 65 km from here. The large stone was described as a dodecahedral aggregate stone with two dimensions measuring 14 mm x 10.5 mm. No information was available concerning value of the stone or the potential impact on grade forecasts and average values for the kimberlite from which it was taken.

The Fort la Corne project is a joint venture of DE BEERS CANADA (42.25% and the operator), KENSINGTON RESOURCES (42.25%), CAMECO CORP. (5.5%) and UEM Inc. (carried 10%). There are more than 72 individual kimberlites in the Fort la Corne field, making it one of the world's largest diamondiferous clusters. A diagram illustrating the difference between the Fort la Corne field and the kimberlites of the Northwest Territories and South Africa is available at www.kensington-resources.com by clicking on "Property".