May 23, 2006

Sanatana Commences Drilling on Mackenzie Diamond Project

Toronto, Ontario, Canada, Tuesday, May 23, 2006. Sanatana Diamonds Inc ("Sanatana or the Company") is pleased to announce that drilling has commenced on the kimberlite targets in and around the Kiliekale Lake area at the Mackenzie Diamond Project.

Drilling at the Kiliekale Lake Targets
The Kiliekale Lake area lies 15km north of Great Bear Lake where there are over 30 potential magnetic anomalies with associated diamond indicator minerals. The Kiliekale Lake area is one of 8 areas identified by Sanatana in the Mackenzie Diamond Project area that have drill potential kimberlite targets.

A helicopter-borne low level magnetic survey over the Kiliekale Lake area at 100m spacings has been used to define the drill targets. The first drill target lies about 600m from the Camp Kiliekale site.

Dependent on the weather, drilling is expected to continue for the next 4 weeks. The proposed Spring 2006 Exploration Program in the Kilekale Lake area is expected to test at least 12 targets for potential kimberlites.

Drilling and 2006 Plans
Sanatana has identified 8 separate target areas within its Mackenzie Diamond Project Area where there are coincident magnetic geophysical anomalies and kimberlite indicator mineral concentrations.

Two areas, namely the Kilekale Lake area and the Colville Lake-Lac Dubois area are planned for drilling in the Spring and Summer of 2006.

The Spring 2006 program has been estimated by Sanatana to cost approximately $3.5 million.

During the Summer 2006 additional till sampling, ground geophysics and drilling will be carried out on the other 6 target areas and on a regional basis throughout the Mackenzie Diamond Project Area.

Total exploration expenditure for 2006 is forecast at $8.3 million, plus staking costs.

Qualified Persons
The Sanatana exploration programs are carried out under the supervision of Sanatana's VP Exploration, Mr. Buddy Doyle. Mr. Doyle meets the qualified person requirements (as defined by National Instrument 43-101) with more than 25 years of experience in the gold and diamond exploration industry.

Sanatana is a Canadian diamond company focused on the exploration of its 16 million acre Mackenzie Diamond Project located north of Great Bear Lake and approximately 700 kilometers northwest of the town of Yellowknife, in the Northwest Territories of Canada.