Mont Blanc Resources Inc.
TSX VENTURE : MTN

Mont Blanc Resources Inc.

May 17, 2006 09:30 ET

Mont Blanc Resources Resumes Drilling Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 17, 2006) - Mont Blanc Resources Inc. (TSX VENTURE:MTN) is pleased to announce that it has commenced completion operations on the first two wells in the Taber area drilling program announced earlier this year.

Mont Blanc and its joint venture partners also expect to commence drilling on four new locations in the same prospect area within the next two weeks now that the local municipal authority has lifted its seasonal road weight restrictions; allowing the rig to return to the project area. These new locations target multiple horizons for both oil and gas potential.

The drilling is part of the Joint Venture farm-in program with Magnum Energy Inc. announced on January 4, 2006.

Taber Area Farm-in

Mont Blanc Resources and Magnum Energy Inc. have entered into an agreement with a privately held company, to farm-in on a package of six exploration drilling opportunities in the Taber area of Southern Alberta. The locations can be considered medium-risk exploration prospects, selected using 3D and 2D seismic data combined with detailed geological interpretation. Targeted primary and secondary zones include the Sawtooth, Lower Mannville, Glauconitic, Upper Mannville and Bow Island in all of the prospects, with shallower potential zones including the Barons, Second White Specks, Medicine Hat and Milk River available for earning in some of the prospects. Most of these prospective zones have been proven productive for oil and/or gas in the immediate area.

Upon exploration success, most of these prospects have follow up pool development drilling opportunities in which Mont Blanc and Magnum will have earned a 50% working interest.

About Mont Blanc

Mont Blanc (www.montblancresources.com) is an oil and gas exploration company focused on participating in low to medium risk oil and gas opportunities.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Any statements regarding the company's future financial position, revenues, earnings, plans and objectives are forward-looking statements. Mont Blanc will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian Securities regulatory authorities by Mont Blanc. (This release is not a solicitation to United States residents to purchase securities in the Company).


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

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