DIA BRAS EXPLORATION APPOINTS CHF INVESTOR RELATIONS AS IR COUNSEL

Montréal, Québec, - May 10, 2005 -

Dia Bras Exploration Inc. (DIB-V) (Dia Bras or the "Company") today announced that it has selected Cavalcanti Hume Funfer Inc. (CHF Investor Relations), of Toronto and Calgary, as the Company's investor relations counsel. The investor relations program will focus on, but not be limited to, shareholder communications and building Dia Bras an active following of investment specialists across Canada.

Réjean Gosselin, President of Dia Bras, said “We are looking forward to working with CHF Investor Relations and to communicating regularly with the broader audience that CHF can help us to reach.”

CHF will provide investor relations services for an initial period that will run for eight months, from May 1st to December 31st, 2005. Thereafter, cancellation by either party requires three months’ notice. Investor relations services will require a monthly fee of $6,000 plus authorized disbursements. Lastly, the contract includes an incentive stock option of 250,000 shares priced at $0.75, to be subject to TSX Venture Exchange vesting rules.

About Dia Bras
Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company will continue exploration and the active development of its two key projects – Bolivar and Promontorio – located in the Sierra Madre precious metal belt. The Company is traded on TSX Venture Exchange, under the symbol “DIB”.

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For further information contact:

Réjean Gosselin
President

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