MIRABEL RESOURCES INC.

MIRABEL RESOURCES INC.

February 22, 2005 08:56 ET

Mirabel Resources Inc.: Conclusive Bulk Sample Results on Denain Property


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MIRABEL RESOURCES INC.

TSX VENTURE SYMBOL: RMB

FEBRUARY 22, 2005 - 08:56 ET

Mirabel Resources Inc.: Conclusive Bulk Sample Results
on Denain Property

POINTE-CLAIRE, QUEBEC--(CCNMatthews - Feb. 22, 2005) - Mirabel (TSX
VENTURE:RMB) is pleased to announce that a total of 2 495 tons of
mineralized rock from the Denain property have been extracted and
transported to Mirabel's mill located near Val-d'Or, to be processed
through a gravimetric circuit.

Work performed

Throughout the past months, Mirabel has carried out actions to assess
the mining potential of the Denain Project. These include;

1. Definition drilling to evaluate the dip of the vein;

2. Drilling of pilot holes;

3. Thermal fragmentation and conclusion of evaluation process.

The evaluation was concentrated on the main vein, including both the
eastern and western sections over approximately 125 meters. Direct
observation allowed a measure of the fragmented width in many areas from
the main vein at 14 inches or more, yielding an average grade of 17.6
g/t Au (17% better than anticipated), using 176 sample assays, collected
during the thermal fragmentation operations. Lastly, the sampling
results from the milling test performed at the Noranda facilities on a
123 tons, yielded a grade of 18.8 g/t Au.

Upcoming work program

Satisfied by these results, Mirabel will proceed with additional
exploration targeting the 0 m to -200 meter levels as well as 100 meters
laterally at both ends of the main vein. This program will allow a new
resource calculation of the main structure and evaluation of the
underground potential that could be accessed through a ramp. To this
effect, Mirabel has already excavated the rock where the entrance of the
future ramp could be located.

Considering the advanced state of development, Mirabel has applied for a
mining lease with the "Ministere des Richesses Naturelles Faunes et
Parcs", Quebec.

Mirabel Resources is a junior exploration company listed on the TSX
ventures exchange and trades under the symbol RMB. The company's primary
goal is to explore and develop gold projects using its exclusive thermal
fragmentation technology.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Mirabel Resources Inc.
    Donald Brisebois
    President and CEO
    (514) 428-4185
    (514) 697-9818 (FAX)
    Cell. (514) 247-2549
    or
    Mirabel Resources Inc.
    Louis Baribeau
    Corporate Affairs
    (450) 371-2306
    (514) 667-2304 (FAX)
    Cell. (514) 609-2332
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.