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News Releases - BRC Diamond Corp.
 June 20, 2007
BRC Diamond Is Awarded 11 Exploration Titles (PRs), Adding To Its Significant Diamond Portfolio In The Democratic Republic Of The Congo

 Toronto, Canada - June 20, 2007 - BRC Diamond Corporation ("BRC" or the "Company") (TSX.V -- "BRC") is pleased to announce that its wholly-owned subsidiary, BRC Congo Development SPRL, has been awarded titles for 11 exploration permits (referred to as Permis de Researches ("PRs")) by the Mining Cadastral in the Democratic Republic of the Congo (the "DRC"). The applications for these PRs were originally filed with the Mining Cadastral after implementation of the new Mining Code in June 2003.

These new 11 PRs, which cover highly prospective ground in the northern provinces of Equateur and Oriental, add a further 3,890 square kilometers to BRC's land position. BRC also controls 16,341 square kilometres of prospective diamond bearing ground, either directly or with partners, in the provinces of East and West Kasai and Bandudu in the south of the DRC. A map highlighting BRC's new PRs is found accompanying this press release on the Company's web site at http://www.brcdiamond.com/i/maps/June20-07-NR.jpg.

Commenting on the award of these PRs by the Mining Cadastral, Mike de Wit, President and C.E.O. of BRC, said: "The award of these exploration titles opens a new frontier for BRC in the northern DRC, where alluvial diamond deposits are scattered across the Mboumou craton and which is known for its high quality diamonds."

Mr. de Wit is the "qualified person" (as such term is defined in National Instrument 43-101) responsible for the technical information in this press release.

BRC is a Canadian-based diamond exploration company active principally in the DRC. Led by a management team with extensive experience in the DRC, the Company is active in some of the most prospective diamond regions of the country. Banro Corporation, the Company's largest shareholder with a 27.5% interest in BRC, is a mineral exploration company focused exclusively on the DRC.

For further information, please contact Mike de Wit, President and C.E.O., Arnold T. Kondrat, Executive Vice President, or Martin D. Jones, Vice President, Corporate Development, at (416) 366-2221 or 1-800-714-7938.

This press release contains forward-looking statements. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the Company's plans with respect to the exploration of its DRC properties) are forward-looking statements. These forward-looking statements reflect the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, changes in equity markets, political developments in the DRC, changes to regulations affecting the Company's activities, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting geological data and the other risks involved in the mineral exploration business. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

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

You can view the Next News Releases BRC Diamond Corp. item: Thu Jul 5, 2007, BRC Diamond And Diamond Core To Merge, Creating A Growth-Focused, African Diamond Explorer And Developer

You can view the Previous News Releases BRC Diamond Corp. item: Mon Apr 9, 2007, BRC Diamond Appoints Mike de Wit President and CEO

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