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

Logan Resources Ltd.

March 24, 2006 09:00 ET

Logan Resources Ltd. Reclaims Albert Creek Property Option

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 24, 2006) - Logan Resources Ltd. (the "Company") (TSX VENTURE:LGR)(PINK SHEETS:LGREF) today announced that it had accepted written confirmation from Forsys Metals Corp. canceling their option to acquire a 51% interest in the Albert Creek Property in British Columbia. The option was granted pursuant to an option agreement entered into between the Company and Forsys Metals Corp. dated April 15, 2004, as amended by an Amendment Agreement dated July 16, 2004. Forsys Metals Corp. is focusing on its projects in Namibia, Africa.

The Albert Creek property is located in the Laird Mining Division, in northern BC about 60 km west/southwest of Watson Lake, Yukon. The regional geology is favourable for two kinds of deposits- sedimentary exhalative (Sedex) Zn-Pb-Ag and Polymetalic manto Zn-Pb-Ag. In 2005, Logan carried out an exploration program consisting of line cutting, soil geochemistry and magnetic and horizontal loop electromagnetic geophysical surveys. No significant mineralization was found near surface. A report by J.L. LeBel, P.Eng (January 2006) recommends a deep penetrating electromagnetic survey to explore for mineralization at depth greater than 100 m.

The Albert Creek claims are in good standing until 2010 and the property is available for option while Logan focuses its exploration efforts this year on three of its Yukon Territory properties (Shell Creek-Cu-Au-U), (Heidi-Au) and (Cheyenne-Au-Ag-Cu). An extensive drill program is planned for all three properties this summer.

The Qualified Person for the Albert Creek Property is Michael Sanguinetti, P.Eng. Logan Resources Ltd. specializes in acquiring and developing early-stage exploration properties with the potential for large-scale deposits. Logan Resources is currently exploring for Copper-Gold-Uranium in the Yukon Territory. The Company also holds properties in BC and Saskatchewan. For more information on the properties and Logan Resources Ltd. please visit www.loganresources.ca, SEDAR and www.sec.gov websites.

ON BEHALF OF THE BOARD OF DIRECTORS,

Seamus Young, President, 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.

Contact Information