DIAMOND EXPLORATION – De Beers Trades Brazilian Database

BRAZIL - Vancouver-based BRAZILIAN DIAMONDS has acquired the entire diamond exploration database covering the Serra da Canastra region from the DE BEERS GROUP. The information is not lost to De Beers since two further transactions will make De Beers a substantial shareholder in Brazilian Diamonds.

The Serra da Canastra database covers approximately 460,000 hectares within the region, centered around Brazilian Diamonds' diamondiferous Canastra 1 kimberlite. This area has significant potential for additional diamond discoveries, and Brazilian Diamonds is confident that the acquisition of these data will greatly advance the timeline and reduce the overall cost for its exploration efforts in the region.

The database represents the accumulated results of more than 30 years of exploration by De Beers in the area. Included within the data set are 21,000 indicator mineral samples, 71,000 microprobe chemical analyses, and 19,000 line-km of proprietary airborne geophysics covering the entire region. De Beers is also providing details about 35 known kimberlite occurrences and the results of ground geophysics within the region.

Visit www.BrazilianDiamonds.com for more information about the Serra da Canastra and other projects.