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    DIORO EXPLORATION NL 2003-04-09 ASX-SIGNAL-G

    HOMEX - Perth

    +++++++++++++++++++++++++
    HIGHLIGHTS

    2m @ 62.13g/t from 289 metres, 4m @ 10.10g/t from 249 metres, 14m @
    4.57g/t from 258 metres, 4m @ 9.47g/t from 204 metres, 2m @ 13.03g/t
    from 233 metres, 11m @ 6.14g/t from 236 metres, 4m @ 10.08g/t from
    256 metres, 1m @ 11.4g/t from 132 metres, 19m @ 4.22g/t from 240
    metres, 17m @ 3.51g/t from 261 metres.

    The board of Dioro Exploration NL wish to advise further extremely
    encouraging results from drilling being carried out at the Frog's Leg
    project as part of the underground feasibility study.

    All holes drilled were infill holes. The significance of the high
    grade results is that the holes demonstrate the continuity of the
    orebody, whilst potentially adding ounces to the known resource base
    and/or improving the categorisation of the existing resource.

    DRILLING RESULTS - UNDERGROUND FEASIBILITY STUDY (>2G/T)

    Hole No. Co-ordinates Depth Dip Azimuth Interval Intersection
    Northing Easting
    MERC487D 6595838 333913 240 -60 070 111-112 1m @ 3.79
    121-129 8m @ 2.35
    133-143 10m @ 3.44
    MERC488D 6595823 333879 239.1 -60 068 200-209 9m @ 5.03
    Inc 204-208 4m @ 9.47
    215-216 1m @ 2.20
    232-239 7m @ 4.39
    Inc 233-235 2m @ 13.03
    MERC490D 6595534 334069 327 -60 085 153-155 2m @ 5.78
    302-311 9m @ 2.88
    MERC492D 6595818 333862 278.5 -61 065 236-247 11m @ 6.14
    256-260 4m @ 10.08
    MERC49D 6595921 333872 123 -62 069 84-85 1m @ 2.54
    90-91 1m @ 6.05
    MERC494D 6595912 333850 168 -61 068 132-133 1m @ 11.40
    135-144 9m @ 5.44
    MERC496D 6595810 333840 318.48 -61 063 240-259 19m @ 4.22
    261-278 17m @ 3.51
    281-282 1m @ 2.48
    285-287 2m @ 4.30
    289-291 2m @ 62.13
    317-318 1m @ 2.20
    MERC497D 6595607 334012 308.95 -60 082 239-241 2m @ 4.14
    249-253 4m @ 10.10
    258-272 14m @ 4.57
    276-277 1m @ 2.08
    MEDD051 6595738 333928 269.5 -63 067 208-209 1m @ 3.92
    222-231 9m @ 2.08
    246-248 1m @ 2.17
    251-255 4m @ 2.16

    It is currently anticipated that the underground drilling program
    will be completed by mid April.

    Interpretation of sections that have been drilled during 2003 is
    underway.


    D McArthur
    DIRECTOR

 
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