BRC DiamondCore reports 2009 financial results

    
    TSX: BCD
    JSE: BCD
    

TORONTO, April 1 /CNW/ - BRC DiamondCore Ltd. (the "Company") (TSX - "BCD"; JSE - "BCD") reported a net loss of Cdn$8,951,614 for the financial year ended December 31, 2009. This loss included a loss from discontinued operations of Cdn$7,296,948 relating to the disposal of the Company's South African operations. The loss from continuing operations for fiscal 2009 was Cdn$1,654,666.

The Company's audited consolidated financial statements as at and for the financial year ended December 31, 2009 and the related management's discussion and analysis have been filed on SEDAR at www.sedar.com.

BRC DiamondCore Ltd. is an African-focused diamond explorer with projects in the Democratic Republic of the Congo. Led by a management team with extensive experience in diamond exploration, the Company works in a systematic and responsible manner to discover, assess and develop diamond resources for the benefit of its shareholders and local stakeholders.

SOURCE BRC DiamondCore Ltd.

For further information: For further information: please visit our website, www.brc-diamondcore.com, or contact: In Toronto: Martin D. Jones, Vice President, Corporate Development, (416) 366-2221 or 1-800-714-7938; In Johannesburg: Brian P. Scallan, Vice President, Finance, +27 11 9582885

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BRC DiamondCore Ltd.

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