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WEBCAST ALERT: DIA BRAS EXPLORATION EXECUTIVE CHAIRMAN TO SPEAK AT THE GLOBAL RESOURCES CAPITAL FORUM

Montréal, Québec, - October 16, 2006 -

Dia Bras Exploration Inc. (DIB-V) Dr. Thomas L. Robyn, Executive Chairman, will speak at the Global Resources Capital Forum in London, on October 17, 2006 at 5.10 a.m. Eastern time (10:10 a.m. BST). Dr. Robyn will present an overview of the Company's strategy and growth prospects.

Interested parties may register for the webcast through the following link www.investorcalendar.com/CEPage.asp?ID=110108. If you are unable to participate during the live webcast, the call will be available for replay at www.investorcalendar.com/ClientPage.asp?ID=108258 or in the Investor Relations section of the Dia Bras web site www.diabras.com/presentation.php.

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 newly acquired Cusi silver mining camp. The Company trades on the TSX Venture Exchange, under the symbol “DIB”.

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

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.