Brett Resources Inc.
TSX VENTURE : BBR

Brett Resources Inc.

October 02, 2007 13:34 ET

Brett Intercepts 267 metres of 1.02 g/t Gold at Hammond Reef

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 2, 2007) - Brett Resources Inc. (TSX VENTURE:BBR) is pleased to report further results from the summer drilling campaign at its Hammond Reef Project, 22 kilometres northeast of Atikokan, Ontario, 170 kilometres west of Thunder Bay.

Drill hole BR-65 intersected 1.02 g/t Au over an interval of 267 metres, including three 6 m zones which fall below the 0.3 g/t Au cutoff and average 0.19, 0.12 and 0.13 g/t Au respectively (see table below). Other recent holes returning strong intercepts include BR-54 containing 84 m at 1.08 g/t Au and hole BR-60 with 133.5 m at 1.24 g/t Au. All tabulated intervals are down-hole lengths and represent approximate true widths as determined from cross section (true widths equal at least 95% of core length).



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Hole From To Length Au Section
m m m g/t
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BR-51 124.5 235.5 111.0 0.90 1350E
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incl. 162.0 207.0 45.0 1.38
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BR-53 51.0 85.5 34.5 0.86 1250E
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BR-54 144.0 228.0 84.0 1.08 1450E
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BR-55 63.0 130.5 67.5 0.46 1250E
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incl. 123.0 130.5 7.5 1.45
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BR-58 45.0 114.0 69.0 0.81 1500E
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226.5 279.0 52.5 0.99
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BR-59 169.5 207.0 37.5 0.94 1400E
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217.5 279.0 61.5 0.98
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incl. 259.5 279.0 19.5 1.61
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BR-60 150.0 171.0 21.0 1.07 1550E
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195.0 328.5 133.5 1.24
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BR-65 55.5 322.5 267.0 1.02 1250E
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incl. 55.5 97.5 42.0 0.75
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incl. 103.5 141.0 37.5 1.77
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incl. 147.0 204.0 57.0 0.65
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incl. 210.0 322.5 112.5 1.20
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BR-66 102.0 127.5 25.5 1.39 1750E
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147.0 267.0 120.0 0.93
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The current drill program continues to expand on earlier encouraging results encountered in the A Zone. The increasing cumulative thickness of mineralization along the south margin of the A Zone is now being evaluated with additional stepout drill holes. Seventy seven diamond drill holes for a total of 20,102 metres have been completed to date since the start of drilling in October last year.

In order to allow for assaying to catch up, drilling has been reduced to one machine for the fall period. To expand the target, personnel are exploring beyond the immediate known zones, including a substantial trenching program. Drilling with a second lightweight machine on Mitta Lake and the swamp area west of the lake is planned for the winter season.

Brett is earning a 60% interest in the Hammond Reef property from Kinross Gold Corp. by spending US $5 million on exploration over four years, and issuing one million shares to Kinross over the same period (see News Release of March 1, 2006 for a more complete description of the agreement).

The Hammond Reef deposit, which is open both laterally and to depth, comprises two roughly tabular zones along a northeasterly strike length of 2.5 kilometres, with a 700 metre gap between them. They are approximately 1000 and 800 metres long respectively and are designated the A and 41 Zones. Mineralization occurs as fracture controlled quartz vein stockworks with minor fine pyrite in variably altered, foliated Archaen granitoids and mafic dikes within and adjacent to the northeast trending structure known as the Hammond Reef Schist Zone.

The Company utilizes industry best practices in quality control and quality assurance with insertions of standards, blanks, and duplicates, in addition to the quality assurance and quality control practiced by the assay laboratory. Sample preparation and analysis are conducted principally by ALS Chemex Laboratories with sample preparation in Thunder Bay, Ont. and analyses of pulps in North Vancouver, BC, with minor quantities also being processed at Accurassay Laboratories in Thunder Bay. Both are ISO/IEC guideline 17025 accredited facilities. Project Manager responsible for the conduct of work and data acquisition at Hammond Reef is Denis Villeneuve, P.Geol.

The Qualified Person responsible for this news release under the terms of National Instrument 43-101 is Thomas Hasek, P.Eng.

About Brett Resources

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Opportunities in the acquisition of tin and tungsten resources in North America and gold in Ontario have provided diversification to its asset portfolio.

ON BEHALF OF THE BOARD OF DIRECTORS OF BRETT RESOURCES INC.

Thomas Hasek, President & CEO

Cautionary Statements on Forward-Looking Information.

The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.

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

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