ONTEX Resources (TSX-V ONT) 

BROOKBANK GOLD DEPOSIT – LARGEST NI 43-101 RESOURCE IN BEARDMORE-GERALDTON GOLD BELT
 
The Company’s Brookbank Gold Deposit is supported by an NI 43-101 compliant report, with an indicated and inferred mineral resource of 2.6 million tonnes grading 7.4 g Au/t containing 629,900 Oz Au at a cut-off grade of 3.0 g Au/t. It is the only project in the Beardmore-Geraldton Gold Belt with an NI 43-101 compliant technical report. This technical report does not include results from the Company’s two recent successful drilling programs.

The NI 43-101 Technical Report can be viewed at: http://www.ontexresources.com/documents/Brookbank-Technical-Report-28April06.pdf.

As a result, several junior resource companies have recently staked claims contiguous to Brookbank to the North, South and West, including but not limited to Kodiak Exploration (KXL: TSX-V) and Alto Ventures (ATV: TSX-V). Management is pleased with the recent activity in and around the Brookbank property, as it confirms the quality of the company’s deposit.