Talmora Diamond Inc. (CNSX:TAI) announces that it has granted a total of
1,343,000 incentive stock options to the directors and officers of the Company
exercisable at a price of $0.05 per share expiring five years from the date of
grant. 


At the Annual General Meeting held on June 28, 2013, 60.78% of the Company's
votes were cast in person or by proxy and approved the Financial Statements for
the year ended December 31, 2012, elected Raymond Davies, Joan E. Fiset, Richard
M. Hogarth, and Toby Strauss as Directors of the Company, approved the
Corporation's incentive stock option plan adopted on May 29, 2013, and
re-appointed the Company's Auditor, McGovern, Hurley, Cunningham, Chartered
Accountants, for the ensuing year.


Following the formal business of the meeting a presentation of the Company's
exploration program was made to all the sharesholders in attendance. Data
presented in the President's Message to the shareholders and the need for a
financing of a major drill program was reviewed and discussed. Highlights are:


The Lena West area has indications of a major diamond field that has not yet
been discovered. There is evidence that its numerous and widespread kimberlite
indicator minerals (KIMs) and diamonds came from the direction of the Talmora
property. The mineral chemistry of the Lena West KIMs does not match that of the
Darnley Bay kimberlites to the north or that of the Dharma kimberlite to the
southeast of Talmora but it does match that of the KIMs on the Talmora property.


The Talmora property contains many magnetic anomalies with characteristics of
kimberlite pipes and they show a strong association with KIMs. It lies on a
major regional structure associated with diamondiferous kimberlites and is
enclosed within a mantle focused morphostructure favouring multiple kimberlite
intrusions.


A sampling program was carried out in 2012 to maintain certain claims in good
standing. The program included sampling and testing the thickness of overburden
above magnetic targets with a small Packsack drill in preparation for a major
drill program. The Packsack drill penetrated through the till in 3 holes and
ended a short distance in rusty brown clay. Most of the fines especially from
the clay horizon were lost suspended in the drill water but coarse drill
cuttings were collected for analysis. A few centimeters of the clay was
recovered in the core tube.


While the clay cuttings have lost fines and are contaminated by overlying till
(85% from till) they show many characteristics of weathered kimberlite. The clay
has high Al, low Ca and Mg together with relatively high LOI (loss on ignition),
relatively high Ti, Nb, Cr, Li, V, As, Ce, Cs, Ga, Ge, La, Lu, Pr, Rb, Sb,
Ta,Th, U and very high Pb. It is relatively high in SiO2 having once been
covered by Cretaceous marine sand. Major elements of the clay, recalculated or
normalized on a quartz-free basis match very closely those of Sierra Leone
weathered kimberlite normalized the same way. One hole contained 6 chromites and
one picroilmenite (10.23% MgO; 3.24% Cr2O3) in clay cuttings and 8 chromites in
overlying till cuttings. The anomalous chromites lie on a relatively narrow
crystallization trend line indicating a single population with nearby source.


The Talmora property must now be tested with a proper drill in order to obtain
fresh kimberlite for microdiamond analysis. The market for financing junior
exploration is the worst it has been for a long time. A small financing to cover
administrative costs is required but a major financing for a drill program will
wait for a market improvement.


The technical information contained in this release was compiled by Raymond
Davies Ph.D., P.Eng., who is the President of Talmora and is a qualified person
as defined by National Instrument 43-101.


CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. This News Release
includes certain "forward-looking statements". All statements other than
statements of historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and reserves,
exploration results, and future plans and objectives of Talmora, are
forward-looking statements that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Talmora's expectations are exploration risks detailed herein and
from time to time in the filings made by Talmora with securities regulators.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Talmora Diamond Inc.
Raymond Davies
President & CEO
416-491-6771
Talmora Diamond (CSE:TAI)
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