Brookemont Capital Inc.

March 13, 2012 18:12 ET

Brookemont Capital Inc.: Tanzania Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 13, 2012) - Brookemont Capital Inc. ("Brookemont" or the "Company") (TSX VENTURE:BKT)(PINKSHEETS:BKTPF) reports further on the first few drill holes of the 2012 drilling program that have been completed on its Tanzanian property, adjacent to the north of Canaco's Magambazi Prospecting License.

The four drill holes have intersected gold mineralization in amphibolite gneiss. These are the initial holes drilled in this region and have confirmed that the 4.5 km arsenic gold geochem soil/coincident IP zone is associated with anomalous gold in the bed rock over the width of zone (between 200 -250 m) and there is increasing values at depth.

Drill holes HNAFD001; 003 & 004 were all drilled on one section covering the width of the zone.

HNAFD001; drilled on the north side of the zone intersected 119m (0.0152g/t) from 5m - 124m which included some distinctive anomalous gold values zones.

HNAFD004: drilled in the central part of the zone intersected 137m (0.022g/t) from 14m - 151m which also included some distinctive anomalous gold values zones.

HNAFD003 drilled on the south side of the zone had anomalous gold over 105 m (0.018g/t) from 15m -120m with no significant individual zones.

The second hole HNAFD002 was completed 400 metres to the west intersected anomalous gold over 177m (0.034 g/t) with the following main zones highlighted.

Hole # From (m ) To (m ) Interval (m ) TW Coefficient Au (g/t )
HNAFD001 5 124 119 .0152
HNAFD002 117 .034
Incl 51 54 3 .15
53 54 1 .33
96 109 13 .068
96 104 7 .11
97 98 1 .35
115 120 5 .158
115 117 2 .325
163 166 3 .17
HNAFD003 15 120 105 .018
HNAFD004 14 151 137 .022

The results show the potential variation that exists along strike and surface samples correlated to these elevated zones (in the 0.03-0.07 range) suggests increasing values with depth.

Management is currently evaluating all the data gathered to date to determine the best strategy going forward.

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) land in North Eastern Quebec prospective for REE's in close proximity to the Eldor REE prospect of Commerce Resources; and (c) 63 square kilometres of land in Tanzania bordering Canaco Resources.

If you would like to be added to Brookemont's news distribution list, please send your email address to

Conrad Clemiss, President, Director

Brookemont Capital Inc.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

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