MIRABEL RESOURCES INC.

MIRABEL RESOURCES INC.

March 14, 2005 08:41 ET

Mirabel Resources Inc.: More Positive Results Obtained from Rose Lake Drilling


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MIRABEL RESOURCES INC.

TSX VENTURE SYMBOL: RMB

MARCH 14, 2005 - 08:41 ET

Mirabel Resources Inc.: More Positive Results Obtained
from Rose Lake Drilling

POINTE-CLAIRE, QUEBEC--(CCNMatthews - March 14, 2005) - Mirabel
Resources is pleased to announce recent drilling results obtained from
its second surface diamond drilling campaign on the Lac Rose property.
This ongoing diamond drilling work has helped the company establish
grade and continuity of a shallow dipping mineralized structure.

Second Diamond drilling campaign

This second drilling campaign covers an area of approximately 380 square
meters. 10 surface holes were drilled on 5 sections spaced 10 meters
apart and visible gold was encountered in 6 of these holes. The results
obtained once again confirm that the Lac Rose mineralized zones respect
the thermal fragmentation parameters which the company seeks: narrow
high grade zones.



---------------------------------------------------------------------
Hole Dip Length From To Width Grade (Au)
No (m) (m) (m) (m) Gr/t
---------------------------------------------------------------------
A-5 -90 degrees 15.5 4.90 5.30 0.40 137.90 (vg)
A-6 -90 degrees 32.0 12.70 13.00 0.30 5.17
15.75 16.00 0.25 3.10
17.30 17.70 0.40 6.40
B-7 -90 degrees 21.3 7.20 7.50 0.30 77.13
(i)B-8 -69 degrees 8.45 7.80 7.25 0.45 4.09
(i)C-10 -69 degrees 12.55 0.00 1.00 1.00 10.36 (vg)
1.00 2.00 1.00 3.76
D-2 -90 degrees 13.7 4.50 5.00 0.50 4.47
D-3 -90 degrees 14.1 1.50 1.90 0.40 6.53 (vg)
(i)D-4 -70 degrees 12.2 2.00 2.60 0.60 173.69 (vg)
E-2 -90 degrees 14.6 3.65 3.75 0.10 202.03 (vg)
3.75 4.00 0.25 13.67
(i)E-4-1 -73 degrees 10.2 0.00 1,05 1.05 170.68 (vg)
1.05 1.35 0.30 48.99
1.80 2.20 0.40 14.07
3.00 3.50 0.50 34.68 (vg)
6.55 7.15 0.60 263.65 (vg)


vg : visible gold

(i) Drill holes which were drilled down the dip axis of the
mineralized structure.


Third drilling Campaign

In the course of the next several weeks, Mirabel is engaging in a third
drilling campaign aimed at delimiting the extensions of the shallow
dipping mineralized zone which remains open to the South, North and
East. Furthermore, the company will begin to test the gold bearing
potential of a sub parallel structure, the BW vein through surface
drilling work. The BW vein, which outcrops at surface, is located some
50 meters southwest of the E vein.

Drill core samples were assayed at the Bourlamaque Laboratory facility
located in Val d'Or QC. Conventional 30 gram fire assay was performed on
all samples, and metallic sieve assaying was completed on some samples
containing visible gold.

The technical aspect of this press release has been revised by Martin
Bourgoin, P.Geo, of MRB & Associates, and qualified person under NI
43-101 guidelines.

Property Acquisition

The company also wishes to announce that it has reached a property
agreement allowing Mirabel to acquire 100% of a mineral property located
in Currie and Desjardins Township in counterpart of 250 000 shares of
the company. The property, which is located a few kilometres East of the
Lac Rose property, consists of 10 contiguous mining claims and will
further increase Mirabel's property holdings in this area.

This agreement is subject to the approval of the regulatory authorities
having jurisdiction over the securities of Mirabel.

Mirabel Resources Inc. is a junior mining exploration company listed on
the TSX-V whose primary objective is to explore and develop narrow vein
type gold deposits through its wholly owned and EXCLUSIVE thermal
fragmentation technology.

-30-

Contact Information

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