RNS Number:6460J
KimCor Diamonds plc
28 September 2006

                                                               28 SEPTEMBER 2006

                              KIMCOR DIAMONDS PLC
                                        
                                   (AIM: KIM)
                                        
                              UPDATE ON ACTIVITIES

KimCor Diamonds plc ("KimCor" or the "Company"), the diamond producer and 
exploration company with properties in South Africa, is pleased to announce 
further exploration progress for the month of September, 2006.

RIVIERA EXPLORATION

Further to the announcement dated 15 July 2006, deflation surface sampling has
continued over the 15 prioritised targets identified following low level
airborne geophysics surveys over the 5,300 hectare site area. The Company has a
two year option over the Riviera property. Concentrated samples have been
submitted to independent laboratories in Kimberley for detailed analysis.
Further follow-up trenching and drilling is planned, subject to the analytical
results.

KOFFIEFONTEIN

Subsequent to the signing of the Memorandum of Understanding ("MOU"), announced
on 26 September 2006, CFM Diamonds CC, the Vendor has signed the Cession and
Assignment Agreement which gives KimCor the right to commence exploration over
licence area. Initially, emphasis will be placed on further evaluation of the
diamond bearing Eureka kimberlite pipe and its extensions. The licence area also
contains 10 priority plug like anomalies which merit follow-up by way of
indicator sampling and ground magnetics.

VAN ZOELENS

KimCor has elected to withdraw its option to acquire the Van Zoelens property
and reallocate exploration funds to the more advanced Koffiefontein Project. The
decision has been taken on the basis that the reallocated funds can be better
utilised to fast track feasibility studies on the Eureka pipe with a view,
subject to evaluation, to bringing the new discovery into production during
2007.

BELLSBANK

The Company has completed a new aerial photographic survey and produced three
dimensional aerial photographs for the entire Licence area. The photos combined
with the excavation of over 500 pits has provided sufficient data to complete a
detailed volumetric survey of all of the main dumps as well as the smaller
tailing stockpiles located around the site. Representative samples have been
submitted to independent laboratories in Kimberley for density testing which
will enable KimCor to determine a more accurate resource volume that will
include the likelihood of additional tailing tonnage that the Company is obliged
to reprocess and incorporate into its Rehabilitation Plan as part of its overall
Environmental Management Plan for the operation.


Martyn Churchouse, CEO of KimCor Diamonds said: "The focus in the short-term
will remain on maintaining full-scale commercial production and generating cash
flow at Bellsbank. The Board are also prioritising the newly acquired
Koffiefontein Project, which we believe has significant potential with the
reallocation of funds previously earmarked for Van Zoelens.

"We are determined to remain active in our search for new near-production and
advanced exploration projects that can provide the drivers necessary for the
Company to move on from being a producer to becoming a mid-tier diamond mining
company."


The technical content of this press release has been reviewed by the
Non-Executive Chairman of KimCor, Professor Gordon Riddler, BSc, MBA, FIMMM,
CEng, CSci, CMkt, MCIM, MCMI who has 40 years of experience in the mining sector
and is a Fellow of the Institute of Materials, Minerals and Mining, a recognised
professional association.

                                   ---ENDS---


Enquiries:

KimCor Diamonds plc                                           Tel: 020 7318 5780
Martyn Churchouse
www.kimcordiamonds.com

Hanson Westhouse LLP                                          Tel: 020 7601 6100
Bill Staple
Martin Davison

Bishopsgate Communications Ltd                                Tel: 020 7430 1600
Nick Rome
Fran Read






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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