Rampart Ventures Ltd.
TSX VENTURE : RPT

Rampart Ventures Ltd.

May 15, 2006 12:33 ET

Rampart to Commence Uranium Exploration on Max Lake Property, Sibley Basin

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 15, 2006) - The Max Lake property, held under option by Rampart Ventures Ltd. (TSX VENTURE:RPT) (see April 11th news release) consists of nine mining claims with an area of approximately 5440 acres. Following a review of public-domain airborne geophysical surveys, geological maps and historical exploration records, the company is planning an initial program of uranium prospecting to commence in late May.

The Max Lake property covers exposed basement rocks on the west side of the Sibley basin, and adjoins the west end of Rampart's 165,000-acre Black Sturgeon uranium property. The property covers a 4.5 kilometre long band of iron formation, which has been explored in the past as a gold prospect. In addition, there are two linear magnetic anomalies with an aggregate length of 8.7 kilometres, which by their shape and amplitude are believed to be caused by other iron formations.

The Max Lake iron formation appears to be directly on strike with iron formations in the Split Rapids area, 45 kilometres to the east and on the other side of the Sibley basin, where Rampart's 2005 exploration program located several significant uranium occurrences (see May 8th news release), all of which were closely associated with iron formations.

In view of the fact that there is no evidence that the Max Lake area has ever been prospected for uranium, the company plans an immediate program of prospecting and geological mapping to assess the property's uranium potential. Nelson W. Baker, President of Rampart Ventures stated that, "if we can find uranium in similar rocks on both sides of the Sibley basin, this would be a tremendous help to our deep drilling program in the central part of the basin." The first phase of exploration at Max Lake is expected to commence within ten days.

Nelson Baker, President, Rampart Ventures Ltd.

The statements contained in this release that are not historical facts are forward-looking statements, which involve risks and uncertainties that could cause actual results to differ materially from targeted results. Mineral resources which are not mineral reserves do not have demonstrated economic viability. The Company relies upon litigation protection for forward looking statements.


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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