Diamond Frank Exploration Inc.
TSX VENTURE : DOD

Diamond Frank Exploration Inc.

May 17, 2011 08:45 ET

Diamond Frank and its Partner Are Analyzing Results From the Drilling Campaign on Destorbelle

LAVAL, QUEBEC--(Marketwire - May 17, 2011) -Diamond Frank Exploration Inc. - (TSX VENTURE:DOD) announces the end of the winter 2011 drilling campaign which was carried out on the Destorbelle Property (owned 50% by Typhoon Exploration Inc. and 50% by Diamond Frank Exploration Inc.), located approximately 9 km west of the Fayolle Deposit.

The goal for this campaign was to validate induced polarization anomalies obtained during a geophysical survey completed previously. This goal was reached with success.

Drill hole DES-11-01 (272 meters) has intersected intense hematization zones inside a somewhat deformed granitic intrusive with an equigranular texture. An altered zone located between 161 and 175 meters, containing fine disseminated cubic pyrite has returned an anomalous gold value of 0.26 g/t Au over 13 meters including 0.80 g/t Au over 1 meter. The presence of this type of mineralization on the property reveals a probable potential for a low grade porphyritic system.
(See map: http://media3.marketwire.com/docs/doda0516.doc.pdf)

Drill holes DES-11-02 (336 meters) and DES-11-03 (309 meters) have intersected a gabbroic intrusion mineralized in pyrite-pyrrhotite and chalcopyrite. The presence of fine disseminated mineralization inside these drill holes explains the induced polarization anomalies.

Drill hole DES-11-04 (405 meters) has intersected a sericite,chlorite and an intense quartz shear system. Some anomalous gold values, such as one of 0.63 g/t Au over 1 meters, were obtained inside this new major structure (more than 70 meters thick) corresponding to an important induced polarization anomaly.

In summary, the drilling campaign allowed the discovery of new zones with previously unknown auriferous potential and those will be evaluated.

QUALITY CONTROL

All drill cores are oriented using "Corientr" toolin order to measure their geological structures. Cores are sawn in half, with one part kept as a control and the other being analysed. Assays are performed with standard fire assay procedures and atomic absorption finish. The assaying is performed by ALS Chemex of Val d'Or.

QUALIFIED PERSON

Mr. Robert Gagnon, P. Geo. (OGQ), a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the information in this news release.

ABOUT DIAMOND FRANK EXPLORATION INC.

Diamond Frank Exploration Inc. is banking on its properties' excellent mineral potential and Quebec's favourable investment climate for the development of new, world-class gold deposits.

The common shares of Diamond Frank Exploration Inc. are listed on the Venture Stock Exchange under the symbol "DOD".

Forward-looking statements

This news release contains statements that constitute "forward-looking information" or "forward-looking statements" within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank's management at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

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 this release

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