Big Red Diamond Corporation Completes the Acquisition of a 50% Interest in Two Uranium Properties in Quebec

MONTREAL, QUEBEC, Apr 07 (MARKET WIRE) --
Big Red Diamond Corporation ("BRDC") (TSX VENTURE: DIA) is pleased to
announce that it is going to issue 1,500,000 common shares to AntOro
Resources Inc. and complete the acquisition of a 50% interest in two
uranium properties in Quebec that AntOro Resources has under option. The
option agreement was originally signed on October 31, 2006. The option
calls for Big Red Diamond to issue 1.5 million shares from its treasury
to AntOro Resources Inc. as well as contribute to 50% of the cash
progress payments, 50% of the exploration expenses to be incurred by the
Companies on the properties as outlined in the original option agreement,
and assume 50% of the NSR buyback price, in such an event. In order to
acquire a 100% interest in both properties, the partners must spend
$600,000 in work commitment before March 31, 2011.

The first property is the Andy Lake property, located directly east and
contiguous to Nova Uranium's Mont-Laurier uranium property. The Andy Lake
property consists of ten (10) CDC cells (map designated claims) covering
587 hectares. The property is located directly east and contiguous to
Nova Uranium's Mont-Laurier property. Nova holds a significant number of
claims in the area.

The second property is the Maro property that covers 461 hectares within
eight (8) contiguous claims approximately 70 kilometres east of Radisson,
Que., on an island along the shore of the Robert-Bourassa hydroelectric
reservoir. It offers a high exploration potential based on previous
sample results.

This press release was reviewed and verified by Clinton Barr, director of
Big Red Diamond Corporation. Mr. Barr is a qualified person under
National Instrument 43-101.

Shares issued and outstanding: 55,505,170

The TSX Venture Exchange
has not reviewed and does not accept responsibility for the adequacy or
accuracy of this press release.

Contacts:
Big Red Diamond Corporation
Michael Neary
Director
416-277-9700
416-493-0070 (FAX)

Big Red Diamond Corporation
Martin Nicoletti
Chief Financial Officer
514-907-9016 - Ext. 160
514-907-9017 (FAX)

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