Motapa Diamonds Inc.
TSX VENTURE : MTP

Motapa Diamonds Inc.

October 31, 2005 09:00 ET

Motapa Defines Targets on Lebiri Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 31, 2005) - Motapa Diamonds Inc. (TSX VENTURE:MTP) has identified 66 aeromagnetic targets within areas of kimberlitic chromite recoveries on the Lebiri project in Gabon. Reconnaissance and follow-up sampling work had previously identified discrete drainage basins which produced kimberlitic chromites. A 5,164 line kilometer high resolution aeromagnetic survey was completed in September in two separate survey blocks, each of which cover a number of anomalous drainage basins.

Motapa's CEO, Dr. Larry Ott commented: "We are particularly excited about these airborne magnetic results. Our sampling work has constrained the potential source area of kimberlitic chromite recoveries very well and within these areas we are now seeing a number of clustered dipole magnetic anomalies as potential source pipes."

Additional geophysical and geochemical data interpretation is underway to prioritize the aeromagnetic anomalies for follow-up work.

Motapa is among the leading diamond explorers in Africa and has interests in over 13 million hectares (approximately 32 million acres) of diamond prospective properties located in Namibia, Zambia, Botswana, Gabon and Mozambique. Motapa and its partners will spend over US$4.2m to advance these projects in the current fiscal year.

Motapa's exploration programs are conducted under the direction of Dr. Larry Ott, a Qualified Person under NI 43-101.

On behalf of the Board

MOTAPA DIAMONDS INC.

Dr. Larry Ott, Chief Executive Officer

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control, that may cause actual results or performance to differ materially from those currently anticipated in such statements.


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