Goldbrook Ventures Inc.
TSX VENTURE : GBK

Goldbrook Ventures Inc.

August 02, 2005 06:00 ET

Goldbrook Ventures Inc.: Anglo Commences Drilling on the Belanger Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 2, 2005) -

NOT FOR DISSEMINATION IN THE UNITED STATES

Goldbrook Ventures Inc. ("Goldbrook") (TSX VENTURE:GBK) announces that Anglo American Exploration (Canada) Ltd. ("Anglo") has begun diamond drilling on the Belanger property in the Raglan District of northern Quebec.

Under Goldbrook's option and joint venture agreement with Anglo, in order to earn a 51% interest in the Belanger and Nuvilik properties, Anglo 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.

The 2005 exploration program being completed by Anglo includes geological mapping and prospecting, ground based geophysical surveys, and soil geochemistry surveys on both the Belanger and Nuvilik properties. Diamond drilling during the 2005 exploration program will be completed on the Belanger property and will both follow-up areas of mineralization identified during the 2004 exploration program, and will be testing emerging targets elsewhere on the Belanger Property.

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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