Nora Exploration - High Quality on Kade Concession.

MONTREAL, QUEBEC--(BUSINESS WIRE)--June 20, 1996--Nora Exploration Inc. is pleased to announce that a report recently received from Placer Analysis Ltd. conducted by Donald G. Sutherland, indicates that the diamonds found at the Kade concession are of significantly higher quality and are not typical of the great majority of the Ghanaian diamonds.

While typically, Ghanaian diamonds consist of 30-40 percent boart and industrial qualities, and unattractive quality of diamond, the Placer Analysis Ltd. report found no true boart and only a small proportion (10 percent) of industrial quality diamonds on the Rade concession. Donald G. Sutherland also indicated a notably higher proportion of + 0.5 ct diamonds than would conventionally be expected elsewhere in Ghana.

The following table gives details from a number of sources as to the size of diamonds recovered in the Birim Valley area and compares it to diamonds recovered by Nora Exploration Inc. -0-

     Diamond size information for the Birim valley

 Junner (report)     Applin (report)      Nora
 Size class Wt       Size class  Wt       Size class Wt
        (percent)             (percent)           (percent)
______________________________________________________________
+4 mm.     1          +4mm.       0       +4.1mm.   18.9
                                          +2.65mm.  36.0
+2mm.     41          +2mm.      13       +1.83mm.  30.5
                      +1mm.      65       +1.32mm.  12.1
+0.7mm.   58          +0.5mm.     2       +0.5mm.    2.5

  NB: Size class intervals for the Nora classification are
approximate because of conversion from diamond sieve numbers.

Mr. Sutherland stated: "It is immediately apparent that there is a major difference in the size of Nora diamonds and those reported by Junner and Applin. Over 18 percent of Nora diamonds exceeds +4mm. (roughly 0.5 ct) by weight while elsewhere in the Birim valley there is rarely more than 1 percent above this size. The larger size to the Nora diamonds is also supported by anecdotal evidence from Galamsay workings which seems to suggest a more frequent than normal incidence of +1 ct diamonds in the Kade concession are of the Birim valley."

Placer Analysis Ltd.'s report also indicates that there's a high frequency of well-formed mainly octahedral but also dodecahedral crystals generally of good to very good color with few inclusions.

The report confirms that the majority of Nora's diamonds fall into the stone and shape categories. Diamonds are classified into several categories and types. Category types vary slightly with changing market demands, but the basic ones in descending order of value are:

- Stones: Regularly formed, unbroken crystals, invariably eight-faced (octahedral) include certain irregularities (gem quality).

- Shapes: Similar to stones with minor blemishes.

- Cleavages: Irregular shapes or fractures.

- Macles: Flattish, roughly triangular and twinned.

- Flats: Irregular edged and thin.

Based on this recent report and the information obtained previous (press release May 24th), Mr. Sutherland feels that it is reasonable to assume that a diamond resource of potential economic significance will be established on the Kade concession with further bulk sampling.

CONTACT: Nora Explorations Inc.

Pierre Leveille, 514/846-2133

Paul A. Dumas, 514/846-2133