Debut Diamonds Commences Phase 1 Drill Program at Timmins South & Exploration Update

Debut Diamonds Inc. (CNSX:DDI) (the "Company" or "Debut") announces its Phase 1
diamond drill program has commenced on its Timmins South Property, located 50 km
south of Timmins, Ontario.


In December 2012, a total of 20 kilometres of IP surveying was completed by
Exsics Exploration Ltd. Several high priority IP anomalies over a strike length
of approximately 1.5 kilometres were identified, with some of the anomalies
being associated with anomalous surface gold samples that were collected during
the 2012 work program. 


A minimum of 800 meters of diamond drilling has been allocated to testing
several chargeability anomalies suggestive of sulphide mineralization. 


The company has implemented a quality assurance and quality control program to
ensure that the sampling and analysis of all samples is conducted in accordance
with the best possible practices.


The Timmins South Project is managed by Joerg Kleinboeck, P.Geo, a Qualified
Person as defined by National Instrument 43-101, and has approved the technical
contents of this press release.


The Company's Wawa Joint Venture with Cliffs Chromite Far North Inc. ("Cliffs")
has been terminated, effective December 31, 2012. Cliffs was Operator of the
project and Debut has decided not to pursue the presently available licenses on
its own.


The Company also announces the resignation of Mr. Christopher Meraw as
President. The Board of Directors wishes to thank Mr. Meraw for his dedicated
service. 


About Debut Diamonds

Debut has joint venture and wholly owned exploration properties, which include
the previously discovered MacFadyen Kimberlites and the Victor West, Uniform
Surround and Pele claim blocks, contiguous to De Beers' Victor Mine west of
James Bay Ontario. The Nakina Project, DIAGNOS Initiative, Kyle Kimberlites and
Canada Chrome Soil Sampling joint venture are also located in the James Bay
lowlands. The Company's Timmins South Gold project is located south of Timmins,
Ontario.


Forward-Looking Statement

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. The foregoing
information contains forward-looking statements relating to the future
performance of Debut Diamonds Inc. Forward-looking statements, specifically
those concerning future performance, are subject to many risks and
uncertainties, and actual results may differ materially from Debut Diamonds Inc.
plans and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by Debut Diamonds with
the CNSX Exchange and securities regulators. Debut Diamonds does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law.


Shares issued and outstanding: 54,790,934

FOR FURTHER INFORMATION PLEASE CONTACT: 
Debut Diamonds Inc.
Bruce Hodgman
VP Corporate Communications
[phone]
[e-mail]
www.DebutDiamonds.com