New Gold Showings on Dios' AU33 West Project: Trenching And Detailed Sampling Ongoing

Dios Exploration Inc. (TSX VENTURE:DOS) wishes to inform its shareholders that
new gold showings were discovered during summer 2012 on the AU33 WEST property,
located in the James Bay area of Quebec and optioned to Osisko Mining
Corporation in 2011. DIOS is pleased to release these preliminary 2012 results
from the summer outcrop and soil sampling program. The work revealed at least
five new gold showings in a felsic (tonalite-granodiorite) intrusive complex.
Best new results are shown in the table below. Mechanical trenching is ongoing
for detailed rock sampling, further results to be released when available.


New showings discovered from outcrops grab samples on AU33-West property.



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Sample No Ppm Au (g/t DESCRIPTION                                           
                gold)                                                       
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D512925          17.3 Granodiorite, fine grained, beige, rusty, 2% Pyrite,  
                      cut by QZ vein 4 cm                                   
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D513054         12.65 Granodiorite, fine grained, beige, rusty, 3% pyrite,  
                      magnetite                                             
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D512254         11.85 Tonalite fine grained, strongly oxidized, quartz      
                      network, disseminated Pyrite mainly in quartz veinlets
----------------------------------------------------------------------------
D512901          4.72 Granodiorite, medium grained, beige, magnetic, rusty  
                      spots                                                 
----------------------------------------------------------------------------
D086612         1.775 Granodiorite with pegmatite, aplite and felsic dykes, 
                      quartz-hematite veinlets with traces pyrite           
----------------------------------------------------------------------------



A summer prospecting program was undertaken by Osisko in 2012 on the AU33 WEST
property, targeting a large felsic (tonalite-granodiorite) igneous complex that
hosts potential for low-grade disseminated bulk tonnage gold deposits. The new
showings are located within a two by three kilometre area, roughly in the same
area as the previously reported 2011 gold showings (see Dec. 22, 2011 press
release).


The outcropping auriferous mineralization comprises 1-2% pyrite as
disseminations and fracture fillings that are associated with potassic
alteration. The gold-bearing outcrops were found up-ice of a glacial dispersal
train using historical data and the DIOS database for auriferous till and
boulders. 


A soil geochemical program was also undertaken in 2012 further up ice of the
gold-in-till glacial dispersal train, in an area of poor outcrop. Ground
mechanical stripping and detailed rock sampling of at least eight trenches is
ongoing in this area over gold-in-soil anomalies. Helicopter borne mechanical or
ground stripping is also taking place on showing extentions and/or 2011
gold-in-soil anomalies. 


Osisko has the option to acquire a 51% undivided interest in the AU33 WEST
property by incurring $5,000,000 in exploration expenditures and making cash
payments of $700,000 during a five-year period. Osisko has the option to acquire
an additional 9% participating interest in exchange for $9,000,000 of additional
exploration expenditures during an additional five-year period. And finally,
Osisko also has the option to acquire an additional 10% interest by solely
funding a feasibility study pertaining to the AU33 WEST property within a time
period equal to the lesser of: (i) the remaining time before expiry of the
second option period, and (ii) a period of two years. Osisko is Project Manager
during the option period. 


Osisko follows strict QA-QC protocol measures in keeping with industry standards
and regulatory reporting requirements. All assays reported above were obtained
by standard 50-g fire assay with AA or gravimetric finish (method Au-AA24) and a
multi-element package applied to selected samples (method ME-ICP 41) at the ALS
Chemex laboratories in Val-d'Or, Quebec. 


These results are preliminary results and further complete results will be
released when available. This news release was prepared by M. J Girard, M.Sc.
Geo and President of DIOS, the Qualified Person (43-101).  


Forward-Looking Statements: This news release contains discussion of items that
may constitute forward-looking statements within the meaning of securities laws
that involve risks and uncertainties. Although the company believes the
expectations reflected in such forward-looking statements are based on
reasonable assumptions, it can give no assurances that its expectations will be
achieved. Factors that could cause actual results to differ materially from
expectations include the effects of general economic conditions, actions by
government authorities, uncertainties associated with contract negotiations,
additional financing requirements, market acceptance of the Company's products
and competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.
Dios Exploration (TSXV:DOS)
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