Dia Bras Exploration Inc.

Dia Bras Exploration Inc.

November 11, 2011 20:42 ET

Dia Bras Reports Favorable Court Ruling on Its Bolivar Property, Chihuahua State

TORONTO, ONTARIO--(Marketwire - Nov. 11, 2011) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) is pleased to report that it has received a favorable legal ruling on its flagship Mexican property, the Bolivar property of SW Chihuahua.

On October 28, 2011, the 8th Civil Court of the Judicial District of Morelos in Chihuahua, issued a verdict that absolves Dia Bras Mexicana, S.A. de C.V., and Dia Bras Exploration Inc., from the claims brought against them by Polo y Ron Minerales S.A. de C.V., because Polo y Ron did not prove any of its claims.

About Dia Bras

Dia Bras Exploration Inc. is a Canadian listed mining company focused on precious and base metals in Peru and Mexico. The Company owns and operates the Yauricocha Mine (Ag-Cu-Zn-Pb) in Central Peru and the Bolivar Mine (Cu-Zn-Ag) in Chihuahua State, Mexico. Dia Bras is also pursuing the development and exploration of the Cusi Property (Ag) and exploring several base and precious metals targets In Peru and Mexico.

Forward-looking Statements

Except for statements of historical facts all statements in this news release without limitation regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

Neither the 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 this news release.

Contact Information

  • Daniel Tellechea
    President & CEO
    Dia Bras Exploration Inc.
    1 (866) 493-9646