Dia Bras Exploration Inc. (DIB-V) ("Dia Bras or the "Company") is pleased to announce more high-grade drill intercepts from its surface exploration and underground drilling program at the Bolivar Mine in the State of Chihuahua, Mexico.

Drill hole DB07B197, an extension type drill hole (see press release of March 1st, 2007) in the El Gallo area intercepted a wide zone of Cu mineralization in the Lower Skarn – magnetite-rich zone. This hole was drilled NE due to the rugged topography in the area, and intercepted an estimated true width of some 12 metres.

This drill hole adds to the resource estimate of the El Gallo area where a 20-hole, 5000 metres drill program has been ongoing since March 2007.  The objective of the program is to investigate the potential continuous extent of the Lower Skarn Unit between Mina de Fierro and the El Gallo 1 area that is being explored for low grade – bulk tonnage potential.

More drilling results are expected in the near future.

		From	To	Interval	Au (ppm)	Ag (ppm)	Cu  (%)	Fe (%)	Zn  (%)
DB07B197		161.0	163.0	2.0	0.04	12	0.17	23.00	0.16
		169.5	171.5	2.0	0.01	7	0.20	16.55	0.14
		226.0	248.0	22.0	0.73	27	2.16	23.91	0.12
	incl	230.0	231.0	1.0	0.05	54	4.93	39.90	0.55
	incl	237.0	238.0	1.0	4.04	28	1.95	35.00	0.17
		253.8	258.0	4.2	0.94	12	1.01	14.99	0.27

UNDERGROUND DRILLING
The underground hole was drilled from the mine’s level 6 under the Titanic zone and demonstrates down-plunge continuity of the massive sulfide zone.  Additional drilling is in progress to determine the extent of this zone, which is readily accessible from the Level 7 workings.

		From	To	Interval	Au (ppm)	Ag (ppm)	Cu (%)	Zn (%)
DB07BM094		0	31.0	31.0	0.08	37.4	4.05	22.75

METHOD OF ANALYSIS
The samples were analyzed by ICP and AA methods by Chemex at their facilities in Vancouver. Canada.

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

ANNUAL MEETING TO SHAREHOLDERS
Please note that Dia Bras is holding its Annual Meeting of Shareholders in Montréal, today at 10:00 a.m. (local time) at the Fairmont Queen Elizabeth Hotel in the room Hochelaga 4.

At the annual meeting, Thomas L. Robyn, Executive Chairman and Réjean Gosselin, President and Chief Executive Officer will highlight the activities of the past year, comment on the development of the full potential of the Bolivar and Cusi properties, and on the Company’s growth strategy.

For those unable to attend in person, the meeting will be simultaneously webcast on the Internet at www.diabras.com.

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”.

For further information on Dia Bras contact:

Thomas L. Robyn Executive Chairman Dia Bras Exploration (514) 393-8875

Réjean Gosselin President & CEO Dia Bras Exploration (514) 393-8875

Nicole Blanchard Managing Partner Sun International Communications (450) 627-6600

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 that 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.