New Cantech Ventures Inc.
TSX VENTURE : NCV
FRANKFURT : C7X

New Cantech Ventures Inc.

May 19, 2006 12:27 ET

New Cantech Ventures Inc.: Indi Property Exploration Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 19, 2006) -

Dauntless Project and the Extreme Showing Project

Ross Blusson, the Chief Financial Officer of New Cantech Ventures Inc. ("Cantech") (TSX VENTURE:NCV)(FWB:C7X), is pleased to announce an update of its two projects, the Dauntless Project and the Extreme Showing Project, both located on Cantech's Indi Property.

Cantech announces that the first diamond drill hole under its Joint Venture 2006 exploration program has been completed on its Dauntless Project (a gold/silver property) which includes the Dauntless Mountain which is located on the eastern portion of the Indi Property and just west of the boundary separating the Indi Property from the Silver Coin Property. The hole was drilled at 45 degrees to a depth of 198 metres (649 feet). The drill core is being logged and will be split and sent out for assay.

The current program consists of nine drill holes with an estimated 3,000 meter (9,600 feet). One deep hole totaling 1,000 metres (3,060 feet) is included.

The program is designed to test the downship of the Dan Zone on the adjoining property where holes numbered 64 and 74 returned the following results:



---------------------------------------------------------------
DDH From To Width Au Ag Cu Pb Zn
(m) (m) (m) g/t g/t % % %
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2005-64 5.73 32.77 27.04 3.07 22.06 0.05 0.67 1.17
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and 94.21 98.02 2.44 1.74 1.7 0.004 0.03 0.2
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and 203.96 207.01 3.05 1.92 6.1 0.011 0.05 0.14
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2005-74 8.84 32.01 23.17 3.76 5.91 0.01 0.12 0.30
---------------------------------------------------------------
and 59.45 60.88 1.43 2.49 93.4 0.002 0.01 0.01
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and 65.24 66.92 1.68 1.32 17.2 0.003 0.01 0.01
---------------------------------------------------------------
and 174.39 178.35 3.96 7.76 6.8 0.004 0.05 0.15
---------------------------------------------------------------


There are two projects located on the Indi Property. The first is the Dauntless Project (a gold/silver property) which includes the Dauntless Mountain which is located on the eastern portion of the Indi Property and just west of the boundary separating the Indi Property from the Silver Coin Property. The second Indi project is the Extreme Showing Project (a copper/silver property) which is located approximately one kilometer southwest of the Dauntless Project, but also on the Indi Property.

The Indi Property is jointly owned by Cantech (a 45% interest), Mountain Boy Minerals Ltd. (26.95% interest) and Pinnacle Mines Ltd. (28.05% interest). Immediately to the east and adjacent to the Indi Property is the Silver Coin Property, a property jointly owned by Mountain Boy Minerals and Pinnacle Mines Ltd.

E Kruchkowski, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration programs on behalf of the three companies. All core which is logged and stored in Stewart, is sawn in half using diamond saws with half sent to the laboratory and the other half retained for further studies. Sample intervals are determined by mineralization but generally are 1.52 meters in mineralization and 3.05 meters in wall rock sections. A check sampling program using standards and blanks will be utilized by the companies. Assayers Canada, of Vancouver, British Columbia, an accredited laboratory, conducts all assaying on behalf of the companies.

ON BEHALF OF THE BOARD OF DIRECTORS

Ross Blusson

NEW CANTECH VENTURES INC.


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