Maudore Minerals Ltd.
TSX VENTURE : MAO

Maudore Minerals Ltd.

May 29, 2006 10:15 ET

Maudore Set to Drill Comtois in June

MONTREAL, QUEBEC--(CCNMatthews - May 29, 2006) - Next month, Maudore Minerals Limited (TSX VENTURE:MAO) will begin to drill the Comtois, Quebec property again. A long, but necessary hiatus from drilling had ensued in order to complete negotiations and an agreement to buy out our joint-venture partner and the royalty it hold on the property. Maudore is now a 100%-owner of Comtois and is no longer burdened by a royalty (2% NSR) over the entire property. Geologists in the field in the last two months have completed an initial geological, geochemical and geophysical re-assessment leading to the selection of drill targets. A first phase of 2,500 meters of drilling is planned.

Maudore hopes this drilling will eventually lead to a sizeable increase in the resource (808,000 tonnes), currently estimated at 524,000 ounces of gold (uncut). We also expect to reconfirm the high grade nature of the Comtois, estimated now at 20.2 grams per ton (uncut). It remains open in all directions and at depth. These numbers come from a N.I. 43-101 report done by Roscoe Postle in 2002 at a $300 gold price. This report was filed on SEDAR on December 17, 2003.

Contracts have been let to both drill and assay the core. QAQC protocols are in place. Assay results are expected in the latter part of the summer. This data will be combined with results from the prior 100+ drill holes to lead us to further exploration and drilling activity in 2006's second half.

Basic Position: The Comtois is located in Canada's Quebec Province, in the prolific Abitibi greenstone belt. A road goes right through the property 125 kilometers to Val d'Or to the South, one of several mining camps within driving distance. A power line from the extremely low-cost James Bay hydropower plant is only three kilometers away. Maudore owns claims on 4,600 hectares. Quebec laws gives companies a rebate equal to almost half the exploration dollars spent in the Province. Maudore is looking to supplement its Comtois ownership with other property(s) with exploration potential. Maudore is a junior exploration company traded on the TSX Venture Exchange under the symbol MAO.

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

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