SOURCE: Brookmount Explorations, Inc.

Brookmount Explorations, Inc.

September 30, 2010 13:13 ET

Brookmount Receives a Bid to Build a 350 Ton Plant for Its Mercedes 100 Project

FERNDALE, WA--(Marketwire - September 30, 2010) -  Brookmount Explorations, Inc. WWW.BROOKMOUNT.COM, (OTCBB: BMXI) (FRANKFURT: B6T) The Management of Brookmount has received a bid to fabricate a 350 ton/day concentration plant in Huancayo, Peru for Brookmount's Mercedes 100 property. The bid provided by C & F, S.A.C. is for $250,000.00 including contingencies to be completed within 90 to 120 days.

As outlined in its most recent business plan, Brookmount Management has been trying to bring its Mercedes 100 project into limited production with a 350 ton/day operation. Management had initially proposed to ship 350 tons of ore to an off-site processing plant for processing and final sale. However, with the proposal from C & F the Company has made a decision to process its own ore which will significantly improve the projected cash flows. A report prepared by a qualified metallurgical engineer estimates that the projected revenues from its operations would net (before taxes and royalties) approximately $2 million per month with gold valued at $1,000.00/oz and silver at $15.00/oz which is approximately 30% discount to the current market values.

Brookmount's keystone Mercedes 100 project is located in a prolific mining region which hosts some of the largest mining operations in Peru such as Volcan's Cerro de Pasco and Doe Run's huge smelter and mining operations at La Oroya, plus numerous other large deposits and mining operations. Work to date on the project has indicated the presence and significant potential of the project for gold, silver, zinc and lead.

Currently, Brookmount management is continuing its work on the permitting process to bring Mercedes 100 into limited production of about 350 tons/day which would provide it with ongoing revenues while carrying on further exploration work on the property that Brookmount expects will prove up the property's excellent potential to host much larger mineral resources. Brookmount is also seeking additional financing to accomplish its objectives as outlined in its business plan.

Safe Harbor: This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements.

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