Diamonds North Resources Ltd. is an exploration-stage company engaged in the acquisition and exploration of diamond mineral properties in Canada. The principal properties of the Company are located in northern Canada throughout Nunavut (NU) and the Northwest Territories (NWT). The Company owns 100% interest in Amaruk Project, Nunavut. The property is subject to a 2% gross overriding royalty (GOR) on diamonds and a 2% net smelter royalty (NSR) on other minerals except gold, payable to BHP Billiton Diamonds Inc. (BHP Billiton). The Company’s properties include Ualliq - Amaruk Project, Nunavut; Sakari - Amaruk Project, Nunavut; Siku - Amaruk Project, Nunavut; Tunerq - Amaruk Project, Nunavut; Victoria Island, Nunavut and Northwest Territories; Banks Island, Northwest Territories; Hepburn, Northwest Territories; Kidme, Northwest Territories, and Northern Recon, Nunavut and Northwest Territories. The Company holds a 100% interest in the Tunerq nickel prospect located on the Amaruk property.