Dia Bras Announces that the Access of Yauricocha and the Rest of the Region Has Been Cleared

TORONTO, ONTARIO -- (Marketwire) -- 10/26/11 -- Dia Bras Exploration Inc. (TSX VENTURE: DIB) ('Dia Bras' or the 'Company') is pleased to announce that the road blockade impeding access between the Company's Yauricocha property and the rest of the region has been cleared. Transportation of concentrate from the property to Lima has resumed and is running as usual.

Company representatives have held meetings with both local authorities and neighboring communities. As a result, the parties have reached agreements which are in line with the Company's policies on social and environmental responsibility.

The Company's mining operations at the Yauricocha property were not interrupted at any point during the demonstrations and continue to function as usual.

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 Property (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.

The Company's shares trade on the TSX Venture Exchange under the symbol 'DIB'.

Forward-looking Statements:

Except for statements of historical fact, 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.

Contacts:

Daniel Tellechea

President & CEO

Dia Bras Exploration Inc.

1 (866) 493-9646
www.diabras.com