CK Consolidated Global Diamond Corp Com Npv

CCM Research analyst, Kipley J. Lytel, CFA, has written an update report on
Consolidated Global Diamond Corp. (TSX VENTURE:CK).


Consolidated Global Diamond Corp. (TSX VENTURE:CK) is a Canadian based junior
mineral company focused on providing sustainable growth and value to its
shareholders through the strategic acquisition, exploration and development of
diamond properties into productive mines. The Company is committed to successful
and sustainable growth through responsible environmental, social, financial,
political and operational management of its shareholders' assets.


In the report the analyst states, "Initial results from the Spring 2008 drill
program confirmed that the massive diamondiferous crater system (MW93) below
Courageous Lake is an extensive multi-phase kimberlitic volcanic eruptive that
is up to 1,100 metres across, almost 60% larger than the original 700 metres
estimate. Four drill holes totaling 850 metres were drilled during the 2008
spring drilling program."


Regarding cash for continued operation, the analyst notes: "As of June 1, 2008,
Consolidated Global Diamond had approximately $3.5 million in cash and
short-term investments. Though our burn rate is conservative based on the past
six months of cash outflows from operation, we still believe the cash balance
should be sufficient to cover exploration and operating expenditures for, at
least, a year."


A free copy of the report can be found at:

http://www.baystreet.ca/articles/research_reports/ccm_research/CK_UpdateReport_June%20112008.pdf


CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital
Markets, Inc., through its CCM Corporate Advisory division, entered into a one
year $30,000.00 contract with the Company to assist it with the creation and
execution of information-based strategies to overcome market inefficiencies that
are commonplace for the vast majority of public companies, including: share
illiquidity, lack of credibility, and stagnant market capitalization.


Cronus Capital Markets(R) (CCM) is a leading capital market services firm
providing services to investors, institutions, exchanges, and public companies.
CCM's equity research, indexes, and ETFs receive international attention and
represent important new sectors of growth.


Cronus Capital Markets, Inc. is the sole source of this press Release.

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