Goldbrook Ventures Inc.
TSX VENTURE : GBK

Goldbrook Ventures Inc.

July 18, 2005 06:00 ET

Goldbrook Ventures Inc.: Anglo Commences 2005 Exploration Program on the Belanger & Nuvilik Properties

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 18, 2005) -

NOT FOR DISSEMINATION IN THE UNITED STATES

Goldbrook Ventures Inc. ("Goldbrook")(TSX VENTURE:GBK) announces that Anglo American Exploration (Canada) Ltd. ("AAEC") has initiated the 2005 exploration program on the Belanger and Nuvilik properties in the Raglan District, Quebec.

On April 25, 2005 Goldbrook announced the signing of an option and joint venture agreement with AAEC covering Goldbrook's Belanger and Nuvilik properties. The terms of the agreement provide that, in order to earn a 51% interest in the properties, AAEC must, among other terms:

1) Fund a minimum $20 million in exploration over a four- year period; and

2) Expend not less than $5 million in the first year.

In mid-June, AAEC initiated the mobilization of equipment, fuel, and other consumables to the properties and began construction to expand the Belanger exploration camp to support a 40-man exploration staff. The field crews arrived at the Belanger camp during the first week of July and surface exploration, consisting of geological mapping and prospecting, ground based geophysical surveys, and soil geochemical surveys, has begun on both the Nuvilik and Belanger properties. Diamond drilling is scheduled to begin by the end of July.

During the 2004 exploration season, Goldbrook outlined a series of mafic-ultramafic intrusions, termed the "Belanger Trend", occurring discontinuously over an 18 km strike length on the Belanger property, considered to be part of the Southern trend of Raglan district mineralization. Significant diamond drill intersections on the Belanger Trend include (see Goldbrook news releases dated September 28, 2004 and November 29, 2004):

- 49.3 meters @ 1.35% Ni, 0.61% Cu, 2.88 g/t PGE (Pt+Pd) at the Getty Zone and

- 15.5 meters @ 1.04% Ni, 0.66% Cu, 2.65 g/t PGE at the Sylvie Zone.

During the 2005 program, diamond drilling will focus on the Belanger property, further testing targets in the Belanger trend as well as testing earlier stage targets elsewhere on the property.

Goldbrook management is very pleased to have AAEC participating in the option and joint venture agreement on the Belanger and Nuvilik properties and look forward to the continuing advancement of these properties during the 2005 exploration season.


ON BEHALF OF THE BOARD:

(signed) "David Baker," President


A picture of the 2005 Belanger Camp is available on the Goldbrook website photo gallery. www.goldbrookventures.com

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

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