News Release

KETTLE RIVER RECEIVES FUNDS FROM EXERCISE OF WARRANTS

November 7, 2007:  Kettle River Resources Ltd. (the “Company”) has received a total of $155,000 from the exercise of 620,000 share purchase warrants since the beginning of August. The warrants exercised were issued in conjunction with private placements closed in 2005 and 2007.  Exercise conditions of the Dec 2005 warrants at $0.25 were triggered setting a new expiry date of November 19, 2007.  The funds received will be used for corporate funds, funding required by DHK Diamonds Inc. and exploration.

Kettle River is 100% owner of a large claim holding in the Greenwood Mining Division in southern British Columbia and includes Crown Granted claims, Mineral Leases and approximately 750 acres of freehold surface title. Historic gold copper production is mainly from the Phoenix Mine vicinity. Recent exploration activity has taken place by a number of companies in several areas adjacent to the Kettle River properties.  During 2007, Kettle River discovered high grades of silver and gold (NR Oct 29, 2007) on the Minnie Moore Crown Grant mineral claim. Trenching and diamond drilling has been conducted to test the zone on surface with assays pending and a diamond drill program is underway. 

The Battle Zone, several kilometers from the Minnie Moore, produced encouraging gold samples and is slated for diamond drilling in early 2008.