Drilling by DIOS of the Falardeau Alkaline Complex, QC

DIOS EXPLORATION (TSX VENTURE:DOS) has completed four drill holes following the
discovery of the Falardeau Alkaline Complex, Saguenay, Quebec by diamond
drilling the Falardeau geophysical anomaly reaching 2.5-3 km by 2 km in size and
located some 6 km northeast of the Niobec Niobium mine. 


DIOS EXPLORATION commissioned a detailed petrographic study of the drill core to
better understand the complex geology of the several hundreds meter width of
very much altered alkaline complex carbonated rocks and this detailed
petrographic logging has just been completed for holes M 2.3 and M 2.5 reaching
a 402 meter and 345 meter length, respectively. This drill core has just
finished being split in two and is being sent for assaying for these two holes.
Detailed core logging and splitting is currently ongoing for other holes. The
carbonated rocks are very strongly altered with pervasive alteration within the
matrix, which might suggest mineralization content. Results will be published as
soon as available. 


The exploration team of DIOS thought the Saint-Honore Alkaline Complex host to
the Niobec mine might not be a stand alone event in the area. DIOS discovered
the Shipshaw Alkaline Complex two years ago and is studying the newly discovered
Falardeau Alkaline Complex, which seems a lot more altered, a good sign for
niobium and rare earth potential. 


This press release was prepared par M.J. Girard, M.Sc., Geo, 43-101 QP. Annual
Meeting is to be held on June 29 at noon in Montreal Delta Centre-Ville.