Brookemont Capital Inc.

November 24, 2011 03:01 ET

Brookemont Capital Inc.: Drill Contractor Engaged For Tanzania Gold Prospect

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 24, 2011) - Brookemont Capital Inc. ("Brookemont" or the "Company") (TSX VENTURE:BKT)(PINK SHEETS:BKTPF) has been notified by the Lawrence Stephenson, who is the head geologist on site and operator, that a drill contract has now been signed and the drill program is expected to commence shortly.

Conrad Clemiss, President of Brookemont stated, "We are pleased to be nearing the commencement of the much anticipated drill program in Tanzania. We have been informed by the head geolgist that evidence gathered to date has been encouraging and managment is optimistic about what the drill program may uncover."

The site geologist on the Handeni North Gold Prospect in Tanzania stated that exploration on the property is proceeding with "very encouraging results" and he reported, "The 250 m trench across the 4.5 km arsenic soil sampling geochem anomaly, on its Tanzanian property adjacent to the north of Canaco's Magambazi Prospecting License, has located numerous quartz veins in the altered rock.

"The silicified zone with numerous quartz veins is being sampled with the XRF unit as well as analysis for gold at SGS Laboratories in Mwanza. Visible arsenopyrite was observed in the amphibolites associated with the quartz vein which are also being assayed by the laboratory.

"We are encouraged by the amount of arsenopyrite seen in rocks associated with the quartz veining, which is not one or two large veins but numerous small swarms of them. There appears to be an anticline fold with the axis close to the centre of the As anomaly. The relationships of these rocks to the drainages where gold flakes have been found is not clear yet, but the proximity to area with a significance presence of the arsenopyrite is very close to the relationship observed at Magambazi.

"Exploration efforts are continuing, including further trenching. IP surveying and an airborne magnetic survey are being engaged to assist in refining drill targets that have been outlined by the current work program (October 6th, 2011)."

Field sampling of the drainages cutting in the vicinity of the arsenic geochem anomaly have revealed gold flakes and even a small almost 0.5 mm "nugget" present in the system. The source of the gold is local as the drainages are extremely intermittent and the sample medium was located amid angular boulders within 1 metre of the surface (July 29, 2011).

All of the content of this release in relation to the Handeni North Gold Prospect has been provided, reviewed and approved by Lawrence Stephenson, PGeo, a qualified person as defined by National Instrument 43-101.

Brookemont currently has the following projects: (a) quartz mineral claims in the Yukon bordering Underworld, which was recently taken over by Kinross Gold Corporation and directly above the Coffee Discovery from Kaminak; (b) mineral claim blocks in the Stewart Mining Region of British Columbia bordering Canasia Industries Corporation's Clone Prospect; (c) land in North Eastern Quebec prospective for REE's in close proximity to the Eldor REE prospect of Commerce Resources; and (d) 63 square kilometres of land in Tanzania bordering Canaco Resources.

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