NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

Why does everyone immediately assume from the RNS that they removed the overburden from the kimberlite? It does not say that.

To move that much earth would take 5 months. It has to be the material moved in the alluvial operation, NOT the kimberlite. They didn't even look at the kimberlite until they found out that other people were and then they applied for the license.

What makes you think they are able to remove the first 30m of the kimberlite? Kimberlite varies in hardness and I very much doubt they could 'dig' the kimberlite from the top. Quite apart from that, they don't have the license they need to start exploitation.

The photos show that the company has been exploiting an area, one fifteenth of the total Garimpo. One would have thought that after that much earth, they would be reporting huge quantites of diamonds. In fact, I would say that it would be reasonable to assume that they had extracted 12,540 carats - but for one thing:

The company hasn't published any data on their production - at all

Not a whisper. If they had extracted 12,000 carats plus, you would have thought they would be singing and dancing, flashing the pictures of lovely diamonds on their website. Not some small paltry little display like they are showing at the moment, but huge piles of them.

Still nothing!

Oh dear. Does this mean that they haven't generated the diamonds that they said they would? Does this mean that they are out looking for a new and more promising alluvial area, because the last one disappointed them so much? Does this mean that they've finally discovered why Namco gave up the operation and called it a day?

Who knows - the directors do, but they are not telling anyone. I wonder why?!

Bundu,

"However I can't see a hell of a lot of point in taking 30m off the top of a non-diamondiferous kimberlite - can you? "


Well as they appear to have not announced any drilling of this kimberlite, how do they know?

And "IF" the photos on the website are of the area above the kimberlite, that would indicate they had changed direction some time ago by the amount of work done, and that may contradict the RNS of 30/3/05, and 04/04/05, which may have regulatory ramifications IMHO!

There is no evidence to suggest they think the kimberlite they are currently working on has any connection with the river valley alluvials, there are many potential sources, including possibly Catoca!

The geo report on p9 and p10 might give a clue.

takahe,

A clue about what?

The kimberlite, or the source of the alluvials?

Andy..the possible secondary source of diamonds in that Calonda formation

takahe,

ok this pc won't download the Colonda Formation report, will try tomorrow at work.

Any chance of a copy of the GM mail please?

If you have lost my email, you can use the private message facility here.

Thanks in advance.

Morning Andy...I sent you it yesterday on the PM system.Maybe I did it wrongly.
I'll send it on the email.

Takahe,

I have found it, many thanks indeed.

New Millennium Resources Ltd
06 July 2005



New Millennium Resources Limited
('NML' or the 'Company')

DIAMONDS FROM SPRING DRILL PROGRAMME IN GREENLAND


NEW MILLENIUM RESOURCES Limited joint venture partner Hudson Resources Inc of
Canada has announced to the TSX-Venture Exchange that it confirms significant
diamond counts from its spring drilling programme and is initiating its summer
drilling programme.

New Millennium CEO, John Cross, said 'We are encouraged by the discoveries made
by Hudson Resources on the Sarfartoq area and the commencement of further
drilling. These results substantially enhance the Greenland asset and the
underlying asset value of New Millennium Resources' 20% free carry interest. I
congratulate James Tuer and Hudson for their outstanding progress.'

Vancouver, BC - July 4, 2005 - HUDSON RESOURCES INC. ('Hudson' - TSX Venture
Exchange 'HUD') is pleased to announce that all three cores tested from the
Garnet Lake area in West Greenland returned significant diamond counts. This
result confirms that this in situ material is the source of the significantly
diamondiferous samples collected in the 2004 exploration program. Hudson is now
commencing further drilling in an effort to expand the size of the Garnet Lake
discovery and to test other targets identified, but not yet drilled, during the
earlier spring drill program that concluded in mid May 2005.

'This is a very important result for our Company' stated James Tuer, president
of Hudson. 'The discovery of similar high proportions of good quality diamonds
as in our summer 2004 surface sampling program, even in such a small quantity of
core, is highly significant. It establishes that the Garnet Lake site hosts its
own diamondiferous kimberlite body.'

Drill Hole DS012, the closest of the three holes to the previous subcrop sample
and the one sample that only tests the main kimberlite intersection, returned 15
diamonds from a 10.95 kg sample. In 2004, the subcrop sample returned a total of
151 from 107.9 kg of kimberlite. Drill Holes 05DS08 and 05DS10 each returned 6
diamonds from 14.4 kg and 14.15 kg of kimberlite, respectively. These two
samples may be somewhat diluted due to numerous kimberlite intersections in the
core which are unrelated to the main Garnet Lake body. The two largest diamonds
measured 0.56 X 0.52 x 0.46 mm and 0.76 X 0.58 X 0.40 mm. The complete Caustic
Fusion Diamond Report prepared by the SRC Geoanalytical Laboratories, including
individual stone size and description, is available on the Company's website
(
www.hudsonresources.ca/files/srcreport-2005.pdf
).

Kimberlite Weight Diamonds in Square Mesh Sieve Sizes (microns) Total

Sample (kg) Diamonds

+75 +106 +150 +212 +300 +425
----- ------ ------ ------ ------ ------
Garnet Lake

05DS08 14.40 2 - 2 1 - 1 6
05DS010 14.15 - 3 - 3 - - 6
05DS012 10.95 2 6 - 2 5 - 15
------- --- --- --- --- --- --- ----
Totals 39.50 4 9 2 6 5 1 27

Along with testing the Garnet Lake kimberlite intersections, Hudson tested
kimberlite from 05DS01 and 05DS02 drill holes at Spider Lake. One microdiamond
was recovered from 14.85 kg in 05DS01 and two microdiamonds were recovered from
26.8 kg in 05DS02. Kimberlite from each of the 18 drill holes is being analysed
for kimberlite indicator mineral chemistry. This will then be compared against
the Garnet Lake samples to further define other areas of high diamond potential.

Dr. Mark Hutchison, head of the exploration program stated, 'The argument that
our samples could have been sourced from a kimberlite long since removed by
glaciers and washed out to sea is now gone. Diamonds and good indicator
mineralogies from the Garnet Lake site are now established as being manifest by
a presently in-situ body tested to an extent of 100m in depth and 150m
horizontally. Preliminary indications suggest that this body could be
significantly more extensive.' In fact, high quality indicator mineral chemistry
similar to that recovered from the Garnet Lake kimberlite has been found in the
tills along the potential strike of the body for over 5 km. A high priority of
this summer's exploration program is to find outcropping of kimberlite along
strike and take much larger sample sizes to gain a better idea of the size and
quality of the diamonds.

The samples were processed by the Geoanalytical Laboratories at the Saskatchewan
Research Council ('SRC'), Saskatoon, Saskatchewan, and an independent
laboratory. SRC GeoAnalytical Laboratories is accredited to the ISO/IEC 17025
standard by the Standards Council of Canada as a testing laboratory for specific
tests. Small samples have been removed from all kimberlite cores for heavy
mineral study by the SRC and the remaining core, including three largely
untouched Garnet Lake drill cores remain in a secure facility for further study
and audit purposes. Dr. Mark Hutchison, Trigon GeoServices Ltd., is in charge of
the exploration program and is responsible for the collection of the samples in
Greenland and managed the chain of custody from the field to the SRC. Dr. John
Ferguson has reviewed the program and this press release and is a qualified
person under National Instrument 43-101.

New Millennium's joint venture with Hudson Resources has a 20% free carry
interest in the diamond project in the Sarfartoq License (Garnet Lake) area of
Greenland.



This information is provided by RNS
The company news service from the London Stock Exchange

No 1 on the ADVFN leader board...makes a nice change!

I wish Hudson would take over NML, it would then be less of a worry as they seem to be a well run outfit.

Very interesting SD...you asked me the other day whether Ianwc's could be relied on. Yesterday he wrote on the Advfn boards that a Greenland announcement would be out today...magic here it is! Bugger if I had known he was so in the know I would have bought more yesterday and averaged down. A friend tried to buy 100K yesterday for 3p but couldn't get them.

I still think NML will eventually make the big time but it could well be long road; one well worth travelling I think but mind the pot holes!
:-)

hmmmm I am glad I'm not the person who sold 100K this morning what naff timing!!!!

i bought yesterday 50,000 what good timing, pity about the large spread.

well done Aldwick..I wish I had spare cash

Dynamite- Ianwc is not psychic..lol. The news on Hudson was out a couple of days ago on the Hudson web-site.
I wish NML had written a clearer RNS on Friday. I sought some clarification and was told that the news release on Friday was sent out to explain that the company has had to bring forward work on the kimberlites due to a number of larger companies entering Angola in search of kimberlites ie De Beers.
The alluvial work goes on, though.
IMHO, it would still have been much better if the Company had given us some idea of what they were finding, especially given the huge amount of material they must have processed by now.

Dynamite - hi - some good news at last which seems pretty concrete. Any idea of values attaching to NML's 20% free-carry? Diamonds not quite big enough yet for my collar - looking for 2.5mm minimum grid size, please!

Takahe - Have to agree with you, NML could have issued this report the same day as Hudson. Also still not very happy with their Angolan operation - they have stopped alluvial work to move that equipment over to speculative kimberlite work whhiilst they wait for new equipment from S. Africa presumably to re-start the alluvial mining.

Is the sudden haste to get started on the kimberlite a) to satisfy potential partners they are worth JVing with, or b) to beat the competition arriving elsewhere in Angola for some other advantage - not clear what you are saying - I had understood a) from NML's RNS.

sd

SD..I have no idea as Hudson are only at sampling stage...alot more for you to get a diamond collar.
Di

stockdog...I have sent you a copy on the PM system.

takahe I should very much appreciate a copy
of the email through the moneyam system too please

I topped up this morning at 3.15 before the news.

Thanks