Diamcor Appoints CFO

October 8, 2010

KELOWNA – Diamcor Mining Inc. (TSX-V:DMI) (the “Company”) announces the appointment of Mr. Darren Vucurevich as the Company’s new Chief Financial Officer effective as of October 1, 2010.

Mr. Vucurevich has been a director of the Company since July of 2005. Since that time he has worked closely with Management to ensure that all elements of the Company’s international operations, accounting, banking, and reporting are continually advancing and developing to meet the requirements associated with its planned growth. Given that the pending acquisition of the Krone Endora project from De Beers Consolidated Mines Limited is now nearing completion, Mr. Vucurevich’s knowledge and understanding of the Company’s operational and corporate requirements moving forward make him a logical addition to the Management team at this time. Mr. Vucurevich graduated from the University of Lethbridge in 1992 and earned his Certified Management Accountant designation in 1995.

About Diamcor Mining Inc:
Diamcor Mining Inc is a fully reporting publically traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI. The Company has well established operational and production history in South Africa, and extensive experience supplying rough diamonds to the world market. Rather than exposing itself to the high-risks and costs associated with Kimberlite exploration, the Company’s focus is on the identification, acquisition, and operation of quality near-term production based diamond projects within South Africa.

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.