Talmora Diamond Completes 2012 Field Program

Talmora Diamond Inc. (CNSX:TAI) is pleased to report on its 2012 summer
exploration program. The field work, carried out between August 6 and September
13, was centred on a number of claims that require assessment work before the
middle of 2013.


Bulk till samples were collected at 78 sites down-ice of airborne magnetic
anomalies that have the characteristics of kimberlite pipes. The samples will be
concentrated and kimberlite indicator minerals (KIMs) recovered. The results
will add to the KIM data base of the property.


In addition a small Packsack drill was used to sample and test the thickness of
overburden near 4 airborne magnetic anomalies that had been confirmed on the
ground. The Packsack drill is rated to reach depths of up to 100' and while
attempts were made to reach the cause of the magnetic anomalies the drill was
unable to penetrate the thick bouldery till in the first 2 holes. However, a
rusty brown clay containing fragments of dolomite was reached beneath the till
in the last 3 holes.


The drilling shows that the magnetic anomalies have been deeply scoured by ice
and are covered by bouldery till, which in turn is overlain by various
thicknesses of lake sediment. The rusty (lateritized?) brown clay with fragments
of dolomite beneath the till in holes 3, 4 and 5 is believed to be weathered
bedrock. The clay was not cored but cuttings recovered from the bottom of the
three holes will be concentrated to recover KIMs and be chemically analysed. The
abundance of KIMs and the chemical analyses should indicate whether the clay is
an altered kimberlite. Recovery of microdiamonds would be conclusive proof of
kimberlite.


Project Summary

Talmora holds 211 mineral claims (68,784 acres) straddling the 68th parallel on
the east side of the Lena West diamond area of the Northwest Territories. Most
of the claims are in the Inuvialuit Settlement Region with the remainder in the
Sahtu Settlement Region.


Over $75 million has been spent in the Lena West area by other companies with
the recovery of numerous kimberlite indicator minerals (KIMs) and an
unprecedented 18  diamonds in field samples. No kimberlites have been found
except for the Darnley Bay and the Dharma kimberlites on a well-defined
favourable structure that includes the Talmora property.


Sampling on the Talmora property shows a strong correlation between KIMs in till
samples and magnetic anomalies with characteristics of kimberlite pipes. The
majority of Lena West KIMs (those west of Talmora) are very similar to those
from the Talmora property but differ from those of the Darnley Bay and Dharma
properties.


There is every reason to believe that the Talmora property may be the source of
the abundant KIMs and diamonds of the Lena West area. Talmora has many targets
ready for drilling.


The technical information contained in this press release was compiled by Alan
W. Davies, P.Eng., P.G., who is the Vice-President of Exploration for Talmora.
Alan W. Davies is a qualified person as defined by National Instrument 43-101.


CAUTIONARY STATEMENT 

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.