Majescor Resources Inc.
TSX VENTURE : MJX

Majescor Resources Inc.
Vaaldiam Resources Ltd.
TSX VENTURE : VAA

Vaaldiam Resources Ltd.

May 25, 2006 10:00 ET

Majescor and Vaaldiam Make New Kimberlite Discovery on Brauna Property

MONTREAL, QUEBEC--(CCNMatthews - May 25, 2006) - Majescor Resources Inc. (TSX VENTURE:MAJ) (40% interest) and partner Vaaldiam Resources Ltd. (TSX VENTURE:VAA) (60% interest) report the discovery of a new kimberlite occurrence on the Brauna diamond property, situated in the state of Bahia, northeastern Brazil. More kimberlite discoveries are expected on this property, where three drills are currently working on a delineation program in advance of a mini-bulk sampling program scheduled to commence during Q3-2006.

The new kimberlite discovery, named Brauna 18, traced on surface over a distance of approximately 250 metres in four shallow surface trenches, remains open in both directions along strike. The trenching indicates the kimberlite body occurs as a northwest-trending dike or blow that is 15 to 25 metres wide. The discovery was made during follow-up testing of a magnetic anomaly identified as a result of a detailed survey completed last month over the entire property. A total of 8 untested magnetic anomalies have been identified as a result of the survey, and the testing of these anomalies is expected to lead to more kimberlite discoveries during the coming months.

The Brauna 18 discovery lies just 500 metres to the northwest of the diamondiferous Brauna 7 pipe, where delineation drilling is currently being conducted. To date, a total of 9 core holes totaling 1,154.2 metres have been completed at the Brauna 7 pipe. The drilling indicates that the Brauna 7 kimberlite pipe lies under approximately 12 metres of sand and soil, and has an elongated shape with a length of approximately 670 metres, and a width ranging between 30 and 50 metres. A plan map showing the location of the new discovery is available on Majescor's website at www.majescor.com.

The Brauna project comprises three exploration concessions which now encompass four known kimberlite pipes associated with a system of kimberlite dykes traced over a distance of approximately 15 kilometres. Based only on the surface exposures, the pipes range in area from 0.50 hectares at the Brauna 7 pipe, to 1.7 hectares at the Brauna 3 pipe. Surface exposures of kimberlite within the dyke or fissure systems indicate widths ranging from 0.7 metres at the Brauna 6 occurrence, to 25 metres at the new Brauna 18 occurrence.

Delineation drilling is also nearing completion at the diamondiferous Brauna 3 pipe, where 20 core holes have been completed totaling 2,256.45 metres. The delineation drilling completed thus far indicates that Brauna 3 is an elongated body which stretches over a strike length of 325 metres and maintains widths of 80 to 110 metres. The pipe covers a surface area of approximately 1.7 hectares. The pipe is exposed at surface under a 3.0 metre calcrete cover at both the northern ("the north lobe") and southern ("the south lobe") ends of the deposit. The central portion of the pipe is buried under a 12 metre thick calcrete cap. Initially, the partner's drilling focused on the north and south lobes, with 9 holes and 8 holes being completed respectively in each of these areas. Three drill holes have been completed so far in the central portion of the body. To date the pipe has been tested by drilling only to a depth of 200 metres. A plan map and summary table showing the locations of all of the drill holes and a description of the geology intersected in both the Brauna 3 and Brauna 7 pipes is available on Majescor's website at www.majescor.com.

The partner is currently making preparations to commence a mini-bulk sampling program during Q3-2006 to determine the diamond content of the pipes and dikes on the Brauna property.

This release has been reviewed by Jose Ricardo Pisani, Vice President, Exploration, Vaaldiam Resources Ltd, who is a qualified person under National Instrument 43-101.

About the Company:

Majescor is an exploration company with a large portfolio of diamond properties in Quebec, as well as projects in Nunavut, the Northwest Territories, Brazil and Madagascar.

To find out more about Majescor Resources Inc. (TSX-V: MAJ), visit our website at www.majescor.com

This press release is available on the Majescor IR HUB for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com/IR/Majescor. Alternatively, investors are asked to e-mail all questions and correspondence to MAJ@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and correspondence directly.

The TSX Venture Exchange does not accept responsibility for adequacy or accuracy of this release.

Contact Information