LITTLE MOUNTAIN RESOURCES LTD.
BERLIN : LMQ
FRANKFURT : LMQ
TSX VENTURE : LIT

LITTLE MOUNTAIN RESOURCES LTD.

March 23, 2005 08:00 ET

Little Mountain Resources: Company Files 2004 Exploration 43-101 Report on West Shoot Out Prospect


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: LITTLE MOUNTAIN RESOURCES LTD.

TSX VENTURE SYMBOL: LIT
BERLIN, FRANKFURT SYMBOL: LMQ

MARCH 23, 2005 - 08:00 ET

Little Mountain Resources: Company Files 2004
Exploration 43-101 Report on West Shoot Out Prospect

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 23, 2005) - Little
Mountain Resources (TSX VENTURE:LIT) (www.littlemountain.ca) is pleased
to announce it has filed its 43-101 Report for the 2004 exploration and
drill program on its nickel/copper/PGM West Shoot Out Property located
in the Raglan area of Northern Quebec.

In part, the report recommends the following; "The 2004 Golden Valley -
Little Mountain exploration program was successful in partially
delineating Ni-Cu-PGE mineralization at the Alpha and India showings on
the West Shoot Out Prospect. (see Golden Valley Mines-TSX.V-GZZ, News
Releases dated Sept. 30/04, Oct. 26/04 and Dec. 7/04) Diamond drilling
at the Alpha showing has demonstrated excellent continuity to a
mineralized system for 160 meters in a down-plunge direction, with the
mineralization remaining open down-plunge. Within this mineralized
system, a number of narrow sections of net-textured and
massive-sulphides returned values of greater than 1% nickel over core
lengths of up to several meters. Diamond drilling in the India showing
has shown sulphide mineralization to be associated with a small-scale
flexture-embayment feature, on the north contact of the ultramafic body.
Surface mineralization and a coincident HLEM conductor indicate good
continuity in the zone. The 2004 exploration program also identified a
number of new areas, which have the potential of hosting Ni-Cu-PGE
mineralization associated with ultramafic bodies.

Further work is recommended for both the Alpha and India showings in the
2005 exploration season. Positive drill results from the 2004 program
compare well with the results Canadian Royalties achieved in its first
year of work in the Ungava Region. The 2005 exploration program
recommended for the West Shoot Out Prospect is estimated to cost
$1,082,000. The program would consist of geological mapping and
prospecting, ground geophysical surveys and diamond drilling."

Little Mountain is seeking shareholder approval on a "Plan of
Arrangement" to reorganize the Company's mineral resource and oil & gas
assets with a view to maximizing shareholder value (see Little Mountain
news dated Feb. 3, 2005).

For additional details and the full 43-101 Report, go to www.SEDAR.com .

ON BEHALF OF THE BOARD OF DIRECTORS

(Signed) "Robert A. Sim"

Robert A. Sim, Director, President

This press release may contain forward-looking statements based on
assumptions and judgments of management regarding future events or
results that may prove to be inaccurate as a result of failure to
complete the proposed financing, failure to obtain necessary regulatory
or shareholder approvals, exploration and other risk factors beyond its
control and actual results may differ materially from the expected
results.

Shares Issued: 28,115,426

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Little Mountain Resources Ltd.
    Robert A. Sim
    Director
    (604) 662-3004
    (604) 662-3063 (FAX)
    www.littlemountain.ca
    The Toronto Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.