NEW YORK, Sept. 20, 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 Christopher Ecclestone has been appointed VP of Business Development as well as becoming a member of the Board of Directors.
Mr Ecclestone is a Principal and mining strategist at Hallgarten & Company in New York. In this capacity he also provides the services of independent mining strategist for Knight Capital Americas,L.P. In addition, he is the CEO/Director of Mediterranean Resources (TSX:MNR), a gold & polymetallic exploration company listed on the Toronto Stock Exchange, with properties in Turkey.
Prior to founding Hallgarten & Company in 2003 he was the head of research at an economic thinktank in New Jersey which he had joined in 2001. Before moving to the U.S., he was the founder and head of research at the esteemed Argentine equity research firm, Buenos Aires Trust Company, from 1991 until 2001.Prior to his arrival in Argentina, he worked in London beginning in 1985 as a corporate finance and equities analyst and as a freelance consultant on the restructuring of the securities industry. Earlier he worked for the Federal and State governments in Australia. He is a native of Melbourne, Australia. He graduated in 1981 from the Royal Melbourne Institute of Technology.
Mr Ecclestone has appeared as a guest on CNBC and BNN for his expertise on the global commodities industry.
"I am quite excited by the chromium potential of properties owned by Diamond Discoveries in the Thetford Mines region of Quebec" said Mr Ecclestone "I believe I can assist the company in moving the project forward"
About Diamond Discoveries International Corp.
Diamond Discoveries International Corp. is a U.S. exploration company with offices in New York, NY and Thetford Mines, Quebec. 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
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involves risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in company filings with U.S. securities regulatory authorities.
SOURCE Diamond Discoveries International Corp.