Mr. Dean Taylor reports

DIAMCOR ANNOUNCES AVAILABILITY OF MEETING MATERIALS

Diamcor Mining Inc.'s notice of meeting, management information circular and form of proxy, for the upcoming annual general and special meeting on Dec. 30, 2024, of holders of common shares of the company, can be accessed under Diamcor's SEDAR+ profile and through Diamcor's website.

NOBOs and registered shareholders

The company is encouraging non-objecting beneficial owners (NOBOs) and registered shareholders to access the meeting materials electronically and vote their common shares on-line. NOBOs and registered shareholders can request copies of the meeting materials delivered via e-mail by contacting Computershare Trust Company of Canada, Diamcor's registrar and transfer agent, at 1-800-564-6253 (toll-free in North America) or 1-514-982-7555 (toll-free international). In addition, NOBOs and registered shareholders can request and receive from Computershare their control numbers after correctly answering a couple of security questions.

Objecting beneficial shareholders

Objecting beneficial shareholders should contact their broker/intermediary to obtain a copy of their voting instruction form or other proxy-related materials if not already provided.

Proxies and questions

In all cases, shareholders' votes must be received not later than 10 a.m. PST on Dec. 24, 2024, being three business days prior to the meeting or any adjournment thereof. Shareholders with questions on voting may contact Computershare at 1-800-564-6253 (toll-free in North America) or 1-514-982-7555 (toll-free international), or the company at 1-250-862-3212.

About Diamcor Mining Inc.

Diamcor Mining is a fully reporting publicly traded Canadian diamond mining company with a well-established proven history in the mining, exploration and sale of rough diamonds. The company's primary focus is on the mining and development of its Krone-Endora at the Venetia project, which is co-located and directly adjacent to De Beers' Venetia diamond mine in South Africa. The Venetia diamond mine is recognized as one of the world's top diamond-producing mines, and the deposits that occur on Krone-Endora have been identified as being the result of shift and subsequent erosion of an estimated 50 million tonnes of material from the higher grounds of Venetia to the lower surrounding areas in the direction of Krone and Endora. Tiffany & Co. Canada, a subsidiary of New York-based Tiffany & Co., provided Diamcor with loans totalling $9.5-million in support of the advancement of the company's Krone-Endora at the Venetia project and, in doing so, retained a first right of refusal to purchase up to 100 per cent of the future production of rough diamonds (up to 10.8 carats in size) from the Krone-Endora at the Venetia project at then market prices.

Diamcor also focuses on the acquisition and development of mid-tier projects with near-term production capabilities and growth potential and uses unique approaches to mining that involves the use of advanced technology and techniques to extract diamonds in a safe, efficient and environmentally responsible manner. The company has a strong commitment to social responsibility, including the support of local people, communities and the environment.

Qualified person statement

James P. Hawkins (BSc, PGeo) is the manager of exploration and special projects for Diamcor Mining, and the qualified person, in accordance with National Instrument 43-101, responsible for overseeing the execution of Diamcor's exploration programs, and a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA). Mr. Hawkins has reviewed this news release and approved of its contents.

We seek Safe Harbor.