BRC Diamond is awarded 11 exploration titles (PRs), adding to its significant diamond portfolio in the Democratic Republic of the Congo

    TORONTO, June 20 /CNW/ - 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
    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

    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

    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.

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

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BRC DiamondCore Ltd.

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