BRC Diamond enhances its diamond portfolio in the Democratic Republic of Congo



    TORONTO, Dec. 13 /CNW/ - BRC Diamond Corporation ("BRC" or the "Company")
(TSX.V - "BRC") is pleased to announce that it has added another
58 exploration permits to its portfolio of diamond properties in the
Democratic Republic of the Congo (the "DRC"). The Company now holds directly
or controls through option agreements a total of 116 exploration permits
(referred to as Permis de Researches ("PRs") covering an area of
38,140.5 square kilometres ("km(2)") of highly prospective diamond bearing
ground in the provinces of East and West Kasai and Bandudu in the south,
Equateur and Oriental in the north, and Maniema in the central-east of the
DRC.
    A map highlighting BRC's total PRs is found accompanying this press
release on the Company's web site at
http://www.brcdiamond.com/i/maps/December13-07-NR.jpg.
    Commenting on the acquisition of these PRs, Dr. Mike de Wit, President
and C.E.O. of BRC, said: "The addition of these PRs, covering 18,521.5 km(2),
to BRC's property portfolio further focuses and consolidates the Company's
land position in some of the most promising diamond regions of the country. We
look forward to extending our aggressive exploration program to these new
areas in 2008."
    Title to two of the new PRs was awarded by the DRC's Mining Cadastral
directly to the Company's wholly-owned DRC subsidiary, which brings the number
of PRs wholly-owned by the Company to 27. These two new PRs, each covering
400 km(2), are situated in Bandundu province near isolated diamond workings
along the Wamba River, and in Kasai East Province, north of four PRs
controlled by the Company in the Sankuru district.
    The Company acquired control of the other 56 new PRs by way of option
agreements. Three of these PRs, two covering 392 km(2) and one covering
351 km (2), are in the southern part of the Wamba drainage area in Bandundu
Province. Two PRs are adjacent to an existing PR controlled by BRC along the
Wamba drainage and another PR is in close proximity.
    Four of the new PRs acquired by way of option agreement (which cover
8.5 km(2), 77 km(2), 93 km(2) and 43 km(2)) are located in the Tshikapa
district of Kasai West province, where BRC continues to consolidate its
position. The Tshikapa area remains one of the most prospective areas in the
DRC, with historical production of more than 60 million carats of good quality
diamonds. No primary sources have yet been located despite the abundance of
unabraded kimberlitic minerals present in many of the streams in the area. The
Company has located several high interest magnetic targets on its properties
around Tshikapa, which it intends to drill over the next three months.
    Six of the new PRs acquired by way of option agreement (with each PR
covering 391 km(2)) are in Maniema Province directly north of BRC PRs in
Lubao, where several geophysical targets have been identified for drilling.
    Twenty-seven of the new PRs are near Businga in the Province of Equateur
and cover an area of 8,679 km(2) and the remaining 16 new PRs, covering
5,340 km(2) of ground, are close to the diamond producing area of Bafwasende
in the Province of Orientale.
    The Company continues to evaluate its exploration results on an ongoing
basis. It plans shortly to relinquish some PRs or parts of PRs which are no
longer of interest to ensure that its property portfolio is focused on areas
with the greatest potential.
    Dr. de Wit is the "qualified person" (as such term is defined in National
Instrument 43-101), who supervised the preparation of and is 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.

    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
exploration results, potential mineralization and 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, the
possibility that future exploration results will not be consistent with the
Company's expectations, changes in equity markets, changes in diamond markets,
foreign currency fluctuations, 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, delays in obtaining
or failure to obtain required project approvals, the uncertainties involved in
interpreting geological data and the other risks involved in the diamond
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.





For further information:

For further information: 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

Organization Profile

BRC DiamondCore Ltd.

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