DE BEERS CANADA EXPLORATION INC

De Beers Canada announced that Victor Mine located in Ontario, Canada, has been named “2009 Mine of the Year” by the readers of the Mining Magazine. Officially opened in July 2008, the Victor Mine is an open pit operation with an estimated twelve year life of mine. There are an additional fifteen diamond-bearing kimberlites located in the Victor Mine lease area that were previously identified by De Beers exploration in 1987-88 when the Victor pipe was discovered. Advanced exploration work continues on several pipes in the Victor cluster to assess their economic potential.