CMKM Diamonds Inc. Successfully Negotiated Definitive Agreement for Major Airborne Survey.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Feb. 26, 2004

CMKM Diamonds Inc. (Pink Sheets:CMKM), formerly Casavant Mining Kimberlite International proudly announces a negotiated Definitive Agreement for a Major Airborne Survey in the Fort a La Corne Canadian kimberlite fields. The Board of directors is pleased to announce they have successfully negotiated and completed a contract with Goldak Airborne Surveys. A tri-axial magnet gradient survey will be conducted over an area of approximately 53,841 km in the Fort a la Corne and surrounding area and is scheduled to commence in approximately 3 weeks.

"We plan to work aggressively to make this happen for the shareholders and all the companies involved!" says Chairman Urban Casavant. "We will identify known as well as search for new potential kimberlite pipes within our claims."

"This tri-axial magnet gradient survey is the same survey conducted on Kensington Resources Ltd. KRT claims in the Fort a la Corne area producing outstanding known results," continues CEO Casavant.

Source: http://www.Kensington-Resources.com/s/newsarchives.asp

Kensington Resources Ltd. KRT Press Release 01-21-2004

Six new anomalies with magnetic character indicative of kimberlite bodies in the Fort a La Corne area were identified. Tri-axial gradient data was obtained for all of the Joint Venture land area from the airborne Goldak Tri-Max System run on 150 meter lines and on a 40 meter cell size. The anomalies are located across the length of the known kimberlite trend and in-house specialists at De Beers are modeling the size of these features. The high resolution of this survey will also permit re-definition of many of the historical kimberlite outlines.

Due to the overall cost and the magnitude of this survey area to be conducted, financing for the survey will be provided through a joint venture between CMKM Diamonds Inc. and several other Fort a La Corne claim owners whom are publicly U.S. and Canadian Exchange traded companies.

CMKM Diamonds Inc. has entered into an agreement between U.S. Canadian Minerals (UCAD) OTC:BB, which holds claims in over 500,000 acres adjoining CMKM Diamonds Inc. claims in the Fort a la Corne area, along with Mr. Rick Walker, company President of Shane Resources (SEI.H) CDNX, Consolidated Pine Channel (KPG) CDNX, and United Carina Resources (UCA) CDNX, to share the cost on this major airborne survey. "This joint venture should prove to be mutually beneficial to all the companies involved," explains CEO and President Rendal Williams of U.S. Canadian Minerals (UCAD) OTC:BB. "Working hand in hand with our neighboring companies in a joint effort of this size will not only save large amounts of expense for each company in exploration stage work but share common ground with technologies and experiences to bring success to all of our shareholders."

There is no guarantee however that the survey will identify any kimberlite or kimberlite pipes. Even if numerous kimberlite pipes are identified there is no guarantee that any such kimberlite pipes will contain any diamonds.

This Press Release contains "forward looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than statements of historical fact are "forward looking" statements. Although Management believes that the expectations reflecting in these forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.