SOURCE: Dixon, Perot & Champion Inc.

March 25, 2008 11:29 ET

Dixon, Perot and Champion Drilling Operation in Baffin Island Nunavut Territory -- Company to Accelerate Exploration and Drilling Program

NEW YORK, NY--(Marketwire - March 25, 2008) - Dixon, Perot and Champion (PINKSHEETS: DXPCF) reports today that the company has completed a large scale drilling operation in the Baffin Island Nunavut Territory. The exploration has revealed two high grade intercepts in this near surface drill zone indicating a significantly higher average grade of expected resource and reserve estimates. Initial visual evidence for gold from recovered core samples from these properties warrant an acceleration of the drilling program. There are as many as six gold bearing zones associated in this particular shear zone. Dixon, Perot and Champion plans are to carry out induced polarization and manometer surveys to drill unexplored segments of the zone that reflect the highest gold potential. Management also reported that mini bulk sampling operations on the 519 and 519-11 diamond projects have resumed after being delayed due to increment weather conditions in the area. The company will continue to aggressively pursue and acquire properties with demonstrated continuity of gold bearing zones in highly productive districts in Northern China.

About Dixon, Perot and Champion Inc.

Dixon, Perot & Champion Inc. is a leader in the gemstone industry. We specialize in receiving uncut gemstones from the mines and creating exquisite finished products. The goal of Dixon, Perot & Champion Inc. is to continue to successfully lead the industry in processing Colombian emeralds as well as other gemstones. After much research, we have developed an outstanding process for gem cutting and cleaning. We also pride ourselves in the honesty and integrity in which we conduct our business.

Dixon, Perot & Champion Inc. continues to stay on the cutting edge of the gemstone industry by ongoing research and technological innovation. As a result we are able to provide the customer with a greater selection of gemstones and an excellent value for their investment.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

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