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