Abstract: A diamond drill bit construction for drilling bores in earth formations and the like, according to the present invention, comprises a drill body that is adapted for connection thereof with a drill stem and defines internal fluid passage means through which drilling fluid flows during drilling operations. A plurality of spaced stabilizer pads are formed on the drill body defining a portion of the external surface area thereof and defining a plurality of fluid courses between adjacent stabilizer pads with the fluid courses being in communication with the fluid passage means of the drill body. A plurality of diamonds are supported by the drill body and are arranged on each of the bearing pads such that a portion of each of the diamonds is positioned at the trailing edge of a respective one of the fluid courses and such that the cutting depth of each of the diamonds is controlled by the bearing pads.