Black Bull Resources Inc.
TSX VENTURE : BBS

Black Bull Resources Inc.

November 02, 2005 07:48 ET

Black Bull Engages CHF Investor Relations as IR Counsel

SHELBURNE, NOVA SCOTIA--(CCNMatthews - Nov. 2, 2005) - Black Bull Resources Inc. (TSX VENTURE:BBS) today announced that it has engaged CHF Investor Relations (Cavalcanti Hume Funfer Inc.), a prominent Canadian IR firm of Toronto and Calgary, to provide investor relations services to Black Bull. The investor relations program is expected to focus on, but not be limited to, shareholder communications and building Black Bull an active following of investment specialists across Canada.

Barry Grundy, President & CEO, stated "Now that operations at the White Rock Mine are poised to advance into commercial production, we feel it will be of great benefit to have CHF Investor Relations to introduce our story to the knowledgeable investors in the major financial centres across Canada."

Commencing November 1, 2005, CHF will provide investor relations services for an initial period of six months ending April 30, 2006. Thereafter, the arrangement may be terminated by either party upon three months prior written notice. In consideration of its services, CHF will be paid a monthly fee of $5,000 and will be reimbursed for authorized disbursements. CHF will also be granted 100,000 incentive stock options, November 1, 2005, priced at $0.28 and subject to regulatory approval. After their initial six month period, CHF will be granted an additional 100,000 incentive stock options priced in the context of the market on May 1, 2006.

About CHF Investor Relations

CHF provides their clients comprehensive, results-oriented, proactive IR representation through their offices in Toronto and Calgary. CHF offers premium IR services to an international portfolio of client companies operating in a broad range of industries including mining, high-tech, telecommunications, oil and gas, energy, environmental, and special situations. The principals of CHF Investor Relations are Cathy Hume, CEO; D'Arcy Funfer, Chairman and COO; and Ottavio Cavalcanti, President. For more information, please visit their website at www.chfir.com.

About Black Bull Resources Inc.

Black Bull is an industrial minerals company with quartz, kaolin, and mica resources on its White Rock Property in Nova Scotia, located within a short trucking distance from both the ports of Shelburne and Yarmouth. The drilling to date has shown the property to have a total measured plus indicated quartz resource of 12.1 million tonnes grading 97% SiO2, and an additional 16.0 million tonnes of an inferred quartz resource. The drilling has also shown a total measured plus indicated kaolin resource at White Rock of 4.8 million tonnes grading 24.2% kaolin, with an additional inferred resource of 6.3 million tonnes. The property is open along strike and depth. (Figures are as stated in the NI 43-101 report dated March 30, 2005; estimates provided by Wm. Douglas Roy, MASc., PEng. and Patrick J. Hannon, MASc., PEng.)

The brilliant white colour and over 97% purity of Scotia White™ quartz makes it attractive for a wide range of specialty applications such as landscape stone, architectural pre-cast construction, engineered stone, terrazzo flooring, exterior insulation and finish systems, and golf course bunker sand.

Further detailed information may be obtained from the Company's website www.blackbullresources.com or corporate filings at www.SEDAR.com.

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation statements regarding the Company's mining properties, development results or future plans, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed elsewhere in documents that are available to the public.

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

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