Kensington Resources Ltd.
TSX VENTURE : KRT

Kensington Resources Ltd.

September 23, 2005 21:49 ET

CORRECTION FROM SOURCE-Kensington Resources Ltd.: Revised 2004 Microdiamond Recoveries for Kimberlite 120

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 23, 2005) - Kensington Resources Ltd. (the "Company") (TSX VENTURE:KRT) announces minor revisions to the previous news release of September 22, 2005 reporting microdiamond recoveries for Kimberlite 120. A column showing diamond recovery from Kimberlite 120 in the 0.300 mm sieve category was inserted and the 0.850 mm sieve category was deleted from Table 2. One stone each was added to the column tallies for the 0.075 mm and 0.150 mm sieve categories in the same table. Additionally one stone greater than 0.5 mm was removed from 04-120-022 in Table 1. The remaining news release information remains the same. Kensington regrets any inconvenience to shareholders and the public that these transposition errors may have caused.

"A substantial number of diamonds were recovered from this body including one small macrodiamond," states Robert A. McCallum, President and CEO of Kensington Resources Ltd. "Once completed by De Beers, grade forecasts for individual kimberlite units will be used to prioritize the body for delineation drilling and minibulk sampling for recovery of macrodiamonds."

The 120 kimberlite occurs in the main cluster of the Fort a la Corne Kimberlite Province and is located on the western side of the 148/147/120/220 volcanic complex with the 148 kimberlite directly to the southeast and the 220 kimberlite immediately to the east. Eight coreholes on Kimberlite 120 intersected 940.05 metres of kimberlitic material from a total meterage of 1,968.0 m. The top of the first kimberlite intersection ranged between 102.0 to 115.88 m and the bottom of the last kimberlite unit was situated between 234.5 and 243.6 m. Kimberlite thicknesses varied between 9.62 and 185.8 m. Figure 1 shows the location of historical and recent drillholes on Kimberlite 120.

A total of 962 microdiamonds were recovered from 643.4 kg of kimberlite core in 79 samples utilizing caustic dissolution methods at the Saskatchewan Research Council (SRC). Microdiamond recoveries were audited and individual stone sizes calculated by experts at the De Beers Kimberley Microdiamond Laboratory (KMDL) in South Africa. Only microdiamond data from the SRC are reported here. Summaries of diamond recovery by kimberlite drillhole and by sieve category are shown in Tables 1 and 2.



Table 1: Summary of 2004 and Historical Kimberlite 120 Microdiamond
Results

--------------------------------------------------------------------
Number Stones
of Sample Carat Average larger
Samples Mass Weight # of Stones/ than 0.5
Drillhole (1) (kg) (carats) Stones 10kg mm(2)
--------------------------------------------------------------------
04-120-021 12 97.75 0.0073550 127 13.0 0
--------------------------------------------------------------------
04-120-022 16 129.62 0.0104550 155 12.0 0
--------------------------------------------------------------------
04-120-023 10 82.05 0.0095050 102 12.4 1
--------------------------------------------------------------------
04-120-024 1 8.05 0.0004100 9 11.2 0
--------------------------------------------------------------------
04-120-025 12 98.40 0.0355650 196 19.9 1
--------------------------------------------------------------------
04-120-026 10 81.65 0.0072700 137 16.8 0
--------------------------------------------------------------------
04-120-027 11 89.16 0.0061850 99 11.1 0
--------------------------------------------------------------------
04-120-028 7 56.72 0.0075550 137 24.2 0
--------------------------------------------------------------------
Total: 79 643.40 0.0843000 962 15.0 2
--------------------------------------------------------------------
120
Historical
(3) 13 DH; 1,104.68 0.1664583 734 5.36 6
59
samples
--------------------------------------------------------------------
1 equals For the 2004 samples, representative sample intervals
ranged from 6.5 to 18 metres of kimberlite intersection; sample
weights ranged from 8.05 to 8.35 kg
2 equals Stones with at least one axis greater than 0.5 mm in
length
3 equals Due to the wide variance in sample mass per historical
drillhole, the average stones/10 kg for the historical results
was weighted by the mass of individual samples (a simple average
of drillhole values was calculated at 4.77 stones/10 kg)


Microdiamond recoveries in 2004 compare favourably with historical recoveries which are shown at the bottom of Table 1. The average stone density of the 2004 recoveries is significantly higher at 15 stones/10kg and there are similar recoveries of stones larger than 0.5 mm (per kg).



Table 2: Kimberlite 120 Microdiamond Recoveries by Drillhole and
Sieve Category

-------------------------------------------------------------------
+0.075 +0.106 +0.150 +0.212 +0.300 +0.425 +0.600 +1.400
mm mm mm mm mm mm mm mm
Drillhole Sieve Sieve Sieve Sieve Sieve Sieve Sieve Sieve
-------------------------------------------------------------------
04-120-021 39 54 19 10 5 0 0 0
-------------------------------------------------------------------
04-120-022 58 54 31 9 2 1 0 0
-------------------------------------------------------------------
04-120-023 37 35 14 10 5 0 1 0
-------------------------------------------------------------------
04-120-024 3 4 1 1 0 0 0 0
-------------------------------------------------------------------
04-120-025 79 74 32 10 0 0 0 1
-------------------------------------------------------------------
04-120-026 56 40 21 17 2 1 0 0
-------------------------------------------------------------------
04-120-027 25 49 13 7 5 0 0 0
-------------------------------------------------------------------
04-120-028 59 44 22 10 1 1 0 0
-------------------------------------------------------------------
Total: 356 354 153 74 20 3 1 1
-------------------------------------------------------------------


Microdiamonds recovered from the 2004 program will be combined with all suitable historical diamond results, integrated with the geological model, and then submitted to Mineral Resource Management (MRM) of De Beers for grade forecasts of commercial-sized diamonds based on statistical and graphical treatment of the data. This information will be utilized to determine the prospectivity of potential higher grade zones.

For additional information and maps concerning the 2004 drilling results from Kimberlite 120, please see the Company's website at www.kensington-resources.com.

Brent C. Jellicoe, P.Geo. is the Qualified Person for the Company and has reviewed the technical information herein. Microdiamond recovery was performed by Saskatchewan Research Council of Saskatoon. All aspects of quality assurance, quality control and sample chain of custody for the Fort a la Corne Joint Venture are managed by De Beers Canada Inc., the project operator.

Kensington Resources Ltd. is an exploration and mine development company currently focused on the high potential Fort a la Corne Diamond Project in Saskatchewan. The management team includes strong technical expertise and is committed to reaching a diamond producer status for the realization of shareholder value. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.245%), De Beers Canada Inc. (42.245%), Cameco Corporation (5.51%) and UEM Inc. (carried 10%). After fifteen years of exploration at Fort a la Corne, the joint venture partners have entered into an accelerated results-driven advanced exploration and evaluation phase targeted on reaching a pre-feasibility decision in 2008. The Fort a la Corne Diamond Project includes 63 identified kimberlite bodies within the largest diamondiferous kimberlite cluster in the world.

FORM 20-F FILE #0-24980

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