Annual General Meeting Results

September 25, 2008

KELOWNA, September 25, 2008 – Diamcor Mining Inc. (TSX-V:DMI) (the “Company”) announces that at its Annual General Meeting of Shareholders held on September 15, 2008 the following persons were elected to the board:  Dean Taylor, Darren Vucurevich, Sheldon Nelson and Dr. Stephen Haggerty.  In addition, the shareholders re-approved the Company’s stock option plan and the issuance by the Company of an aggregate 568,940 compensation shares at a deemed issue price of $0.50 per share to certain of the Company’s key directors and employees, as previously described in greater detail in the Company’s news release of May 21, 2008.  The issuance by the Company of the compensation shares is subject to final TSX Venture Exchange approval.

Diamcor Mining is a junior resource company with established operations and production history in South Africa.  The Company is determined to use this established operating history and industry knowledge to increase its current production of diamonds through the development and or, acquisition of additional quality properties in the region.  

On behalf of the Board of Directors

Mr. Dean H. Taylor
President & CEO
Diamcor Mining Inc.

Phone: (250) 864-3326
Website: www.diamcormining.com

This press release contains certain forward-looking statements.  While these forward-looking statements represent our best current judgement, they are subject to a variety of risks and uncertainties that are beyond the Company’s ability to control or predict and which could cause actual events or results to differ materially from those anticipated in such forward-looking statements.  Further, the Company expressly disclaims any obligation to update any forward looking statements.  Accordingly, readers should not place undue reliance on forward-looking statements.  This news release is not for dissemination in the United States, to “U.S. Persons” or to United States of America news services.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or, the accuracy of this release.