Logan Resources Ltd.
TSX VENTURE : LGR
PINK SHEETS : LGREF

Logan Resources Ltd.

November 20, 2006 09:59 ET

Logan Resources Identifies Additional Targets at Cheyenne Gold Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 20, 2006) - Logan Resources Ltd. (TSX VENTURE:LGR)(PINK SHEETS:LGREF) today announced it has analyzed the results from the geophysical surveys, geological mapping and sampling program conducted at its Cheyenne gold project this summer. Additional targets have been identified and developed which have added to the growing list to be diamond drill tested. The emerging geological picture of this project is very engaging and provides a footprint of the gold rich geological structure.

Logan's geologists confirmed gold in grab samples from outcrop at a number of the historic gold showings. A sample from the AJ vein assayed 77.7 g/t gold, a sample from the JC vein assayed 8.40 g/t gold and samples from the Golden Wall which were previously reported August 2, 2006 assayed up to 5.04 g/t gold. In addition, the geophysics program at Cheyenne and the surrounding claims in the Antimony Mountain area, included the evaluation of previously identified airborne geophysical anomalies as well as a detailed ground VLF EM survey specifically over the priority Golden Wall target. The 2006 exploration program helped to tie the existing and new exploration data together and provide a more comprehensive regional picture of the entire property. New maps are available at www.loganresources.ca under Properties/Cheyenne/Maps & Diagrams.

The Cheyenne gold project includes seven known gold showings. Logan has the distinct advantage of being the first operator to own an extensive package of claims covering all of the seven showings. All of the known mineralization appears to be related to hydrothermal fluids from the Antimony Mountain intrusion (Tombstone Intrusive type). The project covers 364 claims over 7,430 hectares and is located just 2 km off the Dempster Highway, approximately 65 km from Dawson City, Yukon.

Michael Hibbitts, P. Geo, Vice President Exploration is the Qualified Person for this property.

Logan Resources Ltd. is a mineral exploration company that specializes in acquiring, exploring and advancing early-stage Canadian mineral properties. It has seven Canadian mineral projects in its portfolio with discovery potential. For more information on the properties and the Company, please visit www.loganresources.ca, www.sedar.com and www.sec.gov websites.

ON BEHALF OF THE BOARD

Seamus Young, President and CEO

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in our forward looking statements. Although we believe that the expectations in our forward looking statements are reasonable, actual results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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