Dianor Resources Inc.

Dianor Resources Inc.

October 09, 2009 10:48 ET

Dianor Resources Inc./Leadbetter Diamond Project: Updated Technical Report Filed on SEDAR

Dianor announces change of auditors


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Dianor Resources Inc. (TSX VENTURE:DOR) announces that an updated technical report in respect of Dianor's Leadbetter Diamond Project in Ontario prepared by C. G. Verley, P.Geo. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects and dated September 28, 2009 has been filed on SEDAR. The technical report has also been posted on Dianor's website at www.dianor.com.

The technical report, commissioned by Dianor, summarizes the diamond results from the caustically-fused drill core samples from 24 drill holes; DMS processing of test pit samples; indicator mineral data; rubies and sapphire data; gold data; geochemical results of drill cores and surface rock samples; and drilling and ground-penetrating radar (GPR) studies of the unconsolidated "alluvial" sediments.

A contour map based on the GPR survey has also been posted on Dianor's website showing potential heavy mineral sediment traps.

The salient points of the updated technical report were described in a press release dated October 1, 2009, including a recommendation for expanded testing of the alluvial deposits that flank the conglomerate to the south and west in order to test the diamond, as well as ruby and sapphire, potential of this material.

Mr. Carl G. Verley, P.Geo is the Qualified Person responsible for the technical contents of this press release.

Change of auditors

Dianor announces the appointment of KPMG LLP, Chartered Accountants as its new auditors effective October 8th, 2009 after accepting the resignation of Samson Belair/Deloitte & Touche LLP, Chartered Accountants on October 8th, 2009.

About Dianor

Dianor is an innovative exploration company focused on advancing diamond exploration properties in the Superior Craton of Canada. The Leadbetter Diamond Project is its most advanced project and is geographically well situated and easily accessible, some 12 kilometres north east of Wawa in Northern Ontario. Substantial exploration work has been conducted on the project since 2005 and in May 2009 the Company received government approval to proceed with a 50,000 tonne bulk sampling programme of the 2.697 Ma old Archean Conglomerate. A preliminary tonnage estimate for this conglomerate is in the range of 549 million to 583 million tonnes (press release July 24th 2007). In addition to diamonds, the conglomerate contains gold, sapphires and rubies (press release January 18th 2007). In 2008 additional diamond discoveries including rare purple diamonds were made by the Company in rocks of similar type, age (Archean) and geological settings (press release March 3rd, April 10th,& May 13th 2008) in Quebec. The Quebec diamond properties have increased our portfolio of low cost, accessible exploration targets. These diamond discoveries (Ontario and Quebec) are both unique and amongst the oldest diamond bearing occurrences in the world.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to United States Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

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