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Last updated on May 25, 2012 at 8:56 EDT

Dia Bras Drills 9.3 Metres of 1.8% Cu and 2.5 Meters of 18% Zn at El Gallo at Its Bolivar Property

October 16, 2007
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Dia Bras Exploration Inc. (TSX VENTURE: DIB) is pleased to announce drill intercepts in the El Gallo area from its ongoing surface exploration drilling program at the Bolivar property in the State of Chihuahua, Mexico.

Drilling in the El Gallo area continues to intersect widespread disseminated copper mineralization in the magnetite-bearing Lower Skarn and high grade zinc in the Upper Skarn. The drill holes reported here postdate the resources calculation (press release of September 25th, 2007). On-going exploration by Dia Bras in the El Gallo area continues to extend the mineralization in both Lower and Upper Skarn horizons as well as in other areas of the property, which encompass some 75 km2. The program at El Gallo is expanding and better defining Inferred Resources in this area. Dia Bras intends to update its resource base as drilling progresses.

“The tabular and predictable nature of the Lower Skarn allows us to do in-fill and step-out drilling with a high degree of success and we will continue to define the volume potential of this mineralization over the next few months”, says Dr. Thomas Robyn, Executive Chairman. “We are also very excited about the extent of the high grade zinc mineralization in the Upper Skarn at El Gallo”

Results

Results

Drill hole DB07B201 was drilled on section 9350, vertically. It intersected numerous bands of disseminated Cu-Zn mineralization, with best assays of 1.0% Cu over 9.0 metres in the Lower Skarn.

Drill hole DB07B202, drilled on section 9325 at an azimuth of 225 degrees and a dip of -68 degrees intersected high grade Zn mineralization, 3.3m at 6.9% Zn and 3m at 12.4 % Zn, in the Upper Skarn and a 12.5 metre section of 1.3% Cu in the Lower Skarn.

Drill Hole DB07B205 was drilled on section 9325, at an azimuth of 70 degrees and a dip of-75 degrees. It intersected a number of mineralized sections, including a 5.2 metre intersection in the Lower Skarn averaging 1.1% Cu.

The best intersections come from hole DC07B208, drilled on section 9350 at an azimuth of 2380 and a dip of -58 degrees, which includes 9.3 meters drill width averaging 1.8% Cu.

 El Gallo Assay Results ————————————————————————— —————————————————————————                                        Cu    Zn     Au    Ag    True Drill hole    From     To  Interval    (%)   (%)  (ppm) (ppm)  width  Zone ————————————————————————— DB07B201     130.0  133.0       3.0   0.5   0.1     12   0.5     3.0    LS —————————————————————————              234.0  243.0       9.0   1.0   0.2     18   1.0     8.5    LS —————————————————————————              249.0  252.0       3.0   0.8   0.0      6   0.8     3.0    LS ————————————————————————— ————————————————————————— DB07B202      63.5   66.8       3.3  0.18   6.9   0.03     7     2.1    US —————————————————————————               79.7   82.7       3.0  0.42  12.4   0.02     7     1.9    US —————————————————————————               85.0   97.5      12.5   1.3   Nil   0.05    23     8.0    LS ————————————————————————— ————————————————————————— DB07B204     121.0  123.5       2.5   1.4  18.0   0.05    14     2.2    US —————————————————————————  Incuding.   121.7  122.0       0.3   7.2  26.4   0.04    44            US —————————————————————————              156.6  161.9       5.3   0.1   3.7   0.01     4     4.6    US —————————————————————————  Including   156.6  157.7       1.1   0.0  12.1   0.01     6            US —————————————————————————              179.8  188.1       8.3   1.1   0.4   0.02    20     7.2    LS —————————————————————————              237.0  246.0       9.0   1.2   0.0   0.45    16     7.8    LS —————————————————————————              255.0  257.0       2.0   1.5   0.1   0.44    10     1.7    LS ————————————————————————— ————————————————————————— DB07B205      94.4   96.8       2.5   0.1   2.2   0.02     9     2.2    US —————————————————————————              102.2  105.0       2.8   1.0   0.0   0.02    13     2.5    LS —————————————————————————              175.9  181.1       5.2   1.1   0.0   0.55    19     4.5    LS —————————————————————————              185.5  187.4       1.9   0.4   6.1   0.05    17     1.6    LS ————————————————————————— ————————————————————————— DB07B208      77.6   81.6       4.0   0.7   0.0   0.07    25     3.5    LS —————————————————————————               83.6   92.9       9.3   1.8   0.0   0.06    26     8.1    LS —————————————————————————              143.5  145.5       2.0   0.6   0.0   0.05    13     1.7    LS ————————————————————————— ————————————————————————— As of September 30th 2007, some 17,840 metres of diamond core drilling have  been completed on the Bolivar project, 12,011 from surface and 5,829 from  underground.  Over the past few weeks, with the end of the rainy season,  productivity has increased and more drilling has been achieved. Dia Bras  still intends to complete a 25,000 metres drilling program at the project  this year. ————————————————————————— —————————————————————————                                                                       Grand              Jan   Feb   Mar   Apr   May  June  July     Aug    Sept  Total ————————————————————————— Underground  558   300   869   455   792   349   626     589   1,291  5,829 —————————————————————————     Surface  371 1,503 1,227 1,298 1,115 1,237 1,068 1,811.8 2,380.5 12,011 —————————————————————————       Total  929 1,803 2,096 1,753 1,907 1,586 1,694 2,400.8 3,671.5 17,840 ————————————————————————— ————————————————————————— 

Method of analysis

Samples were prepared at Chemex lab facility in Chihuahua, Mexico, and analyzed by ICP and AA methods by Chemex at their facilities in Vancouver, Canada.

Quality control

Diamond drill samples sent for analysis consist of half NQ-size diamond core split on site, prepared by ALS Chemex sample preparation laboratory in Chihuahua, Mexico, and assayed for Au by 50 g fire assay with AA finish and for Ag by AA on 50 g split sample at the ALS Chemex North Vancouver Laboratory. Assays for Pb, Zn and Cu are done by Induction Coupled Plasma (ICP) at Chemex. The quality assurance-quality control (QA-QC) of Dia Bras has been described in detail in both RPA’s 43-101 reports of December 2006 at Cusi and October 2005 for Bolivar.

The technical content of this news release has been approved by Francois Auclair, P. Geo. and Vice-President, Exploration of Dia Bras, a Qualified Person as defined in NI43-101.

About Dia Bras

Dia Bras is a Canadian exploration mining company focused on precious and base metals in the State of Chihuahua in northern Mexico. The Company is committed to developing and adding value to its assets – the Bolivar copper-zinc project and the Cusi silver mining camp. The Company trades on the TSX Venture Exchange under the symbol “DIB”.

Forward-looking statements:

Except for statements of historical fact all statements in this news release without limitation regarding new projects acquisitions future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

 Contacts: Dia Bras Exploration Thomas L. Robyn Executive Chairman 514-393-8875  Dia Bras Exploration Rejean Gosselin President & CEO 514-393-8875 www.diabras.com  Sun International Communications Nicole Blanchard Managing Partner 450-627-6600  

SOURCE: Dia Bras Exploration Inc.