DiaMine Explorations Inc.

DiaMine Explorations Inc.
675 King Street West #305
Toronto, Ontario
M5V 1M9 Canada

Telephone Number: (416)-847-1524
Toll free North America: (866) 557-8637
Facsimile Number: (416)-847-1526
www.diamineexplorations.com

DiaMine Explorations Inc. Has Completed Magnetometer Survey In James Bay Lowlands

November 25, 2007 - DiaMine Explorations Inc. (DIEXF) is pleased to announce that the Company has completed its magnetometer survey in a promising new project area of the James Bay Lowlands.

Terraquest Limited of Markham, Ontario flew two airborne magnetic surveys on behalf of DiaMine Explorations Inc. in the fall of 2007, each consisting of both total magnetic field intensity and gradient magnetic intensity, in the up-ice direction of the diamond indicator mineral train. A large circular to oval total field positive magnetic anomaly independent of the basement country rock magnetic field was discovered during the course of airborne magnetic surveying. More importantly, results of the gradient survey, which accentuate the magnetic response of near surface features, show that the source for this anomaly is at or near surface.

The company has already targeted two specific claims areas to be staked and they are to be included as an important new project area in the DiaMine Explorations Inc. property portfolio.

DiaMine Explorations Inc. is a Canadian exploration company focused on exploring and developing diamond mining interests in the strategic kimberlite regions of Canada.
The Company’s exploration programme and team of highly specialized experts will concentrate on securing new opportunities for further exploration and development utilising capital allocation analysis and advanced exploration techniques to maximise returns from its current holdings.

For additional information please contact DiaMine Explorations Inc., at 866 557 8637 or by email: info@diamineexplorations.com

FORWARD LOOKING STATEMENT

This news release contains certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

These statements are based on a number of assumptions, including, among others, assumptions regarding general business and economic conditions, the timing of the receipt of regulatory and governmental approvals for DiaMine’s proposed transactions, the availability of financing for DiaMine’s proposed transactions and exploration and development programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause results to differ materially.