DIA BRAS REPORTS MORE DRILL HOLE RESULTS WITH SOME HIGH GRADE SECTIONS ASSAYING 23.22% ZINC AND 5.08% COPPER

Montréal, Québec, - August 5, 2005 -

Dia Bras Exploration Inc. (DIB-V) (Dia Bras or the "Company")announced today the results for the first six months of operation from its pilot-mining program at the Bolivar property.

From February 1, 2005 to July 31, 2005, the Bolivar property produced 27,989 tonnes of Copper-Zinc development ore.

Production took place on two levels only, Levels One and Six, and consisted mainly of the cleaning of old stopes and of development mining to access the new high grade zones discovered by drilling. See following results. It is expected that development will reach high grade zones in August and September.

Level 1


Hole

Width
(m)

Au
g/t

Ag
g/t

Cu
%

Zn
%

DIA-045-04 *

1.00

0.10

10.00

0.47

10.95

5.00

0.08

55.00

6.31

37.23

DIA-052-04 *

4.17

0.46

228.08

6.68

19.19

8.00

-

41.95

5.36

3.29

3.00

-

38.20

1.62

7.72

DIA-054-04 *

13.00

-

34.65

3.49

8.60

2.00

0.88

181.55

4.02

12.93

0.95

-

157.00

0.36

4.95

1.00

1.055

126.00

0.67

0.40

DIA-087-04 *

7.00

70.45

4.67

28.52

DIA-071-04 *

2.00

0.153

55.35

8.32

3.06

2.00

0.043

19.40

3.70

21.25

1.00

0.431

231.00

3.41

8.50

3.00

0.070

28.03

4.32

18.8

1.00

0.866

245.00

3.22

10.35

3.00

0.447

84.80

2.40

18.10

DIA-089-04

4.00

0.0625

79.675

1.31

10.467

DIA-091-04 *

2.00

0.044

34.45

2.68

4.58

2.00

0.029

20.65

2.28

7.05

4.00

0.048

45.325

4.88

12.242

4.00

0.163

104.90

3.102

10.27

DIA 102-04

2.00

0.345

57.80

1.060

12.70

1.45

-

9.60

0.60

21.00

2.75

0.90

115.00

1.64

19.1


Level 6


Hole

Thickness
(m)

Au
g/t

Ag
g/t

Cu
%

Zn
%

DIA-046-04 *

1.20

0.165

65.80

8.07

38.15

DIA-055-04 *

5.00

-

17.42

2.04

13.54

3.00

-

104.60

5.28

7.75

DIA-094-04

2.00

-

231.50

4.11

22.30

DIA-101-04

1.00

-

28.50

1.93

23.40


* Results from holes with an asterisk were previously announced.

“The pilot-mining program provides important production cost data for the pre-feasibility study stage,” said President Réjean Gosselin.  “We believe that the short term cash flow resulting from the production of copper and zinc concentrates will permit self-financing of the development and exploration program at the Bolivar mine and in the Bolivar area.

The capacity of the Malpaso mill has been increased, since its February start-up, from 100 tpd to 300 tpd at which level it is currently running.  It processed in the first six months some 20,624 tonnes of ore at average head grades of 1.74% Cu and 7.11% Zn. The recovery achieved during this period was 79.2% for the zinc and 75.1% for the copper. The mill has produced 2,195 dry metric tonnes (DMT) of zinc concentrate and 980 DMT of copper concentrate.

The Company projects, starting in August, 7,500 tonnes per month of ore grading a minimum of 2% Cu and 9% Zn. At the same time, the Company will carry out aggressive exploration programs to expand high grade resources and test skarn-hosted polymetallic targets elsewhere on the property.

The Company is in the process of changing its financial year end to December 31, to facilitate coordination of accounting and reporting activities with its Mexican subsidiaries which have statutory December year ends.

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.