NORMABEC MINING RESOURCES LTD.
TSX VENTURE : NMB
FRANKFURT : N6M

NORMABEC MINING RESOURCES LTD.

March 18, 2008 10:04 ET

Normabec: Drilling at Pitt Gold Intersects 10.43 g/t Au Over 3.0 Meters and 11.11 g/t Au Over 1.8 M

ST-BRUNO, QUEBEC--(Marketwire - March 18, 2008) - Normabec Mining Resources Limited ("NORMABEC" or the "Company") (TSX VENTURE:NMB)(FRANKFURT:N6M) is pleased to announce additional results from its on-going winter drilling program on the Pitt Gold property, located along the Porcupine-Destor Break, some 35 km north of Rouyn-Noranda, in the Abitibi region of Quebec.

Normabec previously released impressive results from its first two first holes of the season (See Press Releases dated February 28, 2008 and January 29, 2008). The current release lists more excellent results from its completed third drill hole as per the table below:



DRILL HOLE FROM TO LENGTH GRADE
(m) (m) (m) g/t Au

PG2008-01 277.0 279.00 2.0 1.53
426.0 429.0 3.0 10.43
443.0 477.0 34.0 1.61
including 443.0 449.0 6.0 3.30
and 466.0 477.0 11.0 2.31
570.9 572.7 1.8 11.11


Hole PG2008-01 is located 100 metres to the east of the previously released PG2007-07 (February 2008, 35.18 g/t Au over 5.0 meters). The mineralized intervals between 426 and 477 metres correspond to the expected location of Zone 1 while the 11.11 g/t Au between 570.9 and 572.7 corresponds with mineralization encountered in Zone 2. Of significance, it is the first time that such a long, continuously mineralized interval (34 meters) has been reported from Pitt Gold project. It is hosted by weakly mineralized and moderately silicified and sericitized felsic units (sub-volcanic QFP intrusions and related rhyolitic extrusive rocks) exhibiting 1-5% disseminated pyrite. This mineralization is open up dip and will be drill tested in the coming weeks.

Drilling is ongoing with one drill rig, having now completed approximately 4,500 meters during this phase. Five holes have been completed and one is in progress. As mentioned above, results have now been received and reported for the first three holes. Drilling is performed on a semi-systematic 50 X 50 meter grid in order to properly define zones 1 and 2 and other gold bearing structures identified in previous drilling programs.

Samples were prepared and assayed at Laboratoire Expert of Rouyn-Noranda and were subjected to fire assay with AA finish. A batch of 16 samples were also sent to ALS Chemex in Val d'Or. Normabec has implemented a QAQC program which includes systematic use of standards, blanks and duplicates. Values above 1 g/t Au are systematically re-assayed.

The 2008 drilling program is being carried out under the supervision of Mr. Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101.

In 2007, Normabec acquired a 60 percent interest in the Pitt Gold property as per the Option Purchase Agreement signed with SOQUEM Inc. and GeoNova Exploration Inc.. The company has completed more than 21,000 meters of drilling on the property since the signing of this agreement. Notably, the company has recently notified its partners that it has facilitated the conditions of its earn-in under the aforementioned agreement to qualify for the acquisition of an additional 20 percent undivided interest in the property. Normabec is in the process of preparing all documentation pertaining to this notification.

SOQUEM is a wholly owned subsidiary of the Societe generale de financement du Quebec (SGF). The mission of the SGF, an industrial and financial holding, is to undertake economic development projects, in the industrial sector, in cooperation with partners and in compliance with the economic development policies of the Quebec government.

GeoNova is a wholly owned exploration company of Campbell Resources Inc., a mining Corporation which operates mainly in the Chibougamau area (Quebec), and holds several gold and copper properties.

Normabec is a junior mining exploration company with a portfolio of advanced exploration projects including: the Pitt Gold Project in Quebec and the Real de Catorce Silver Project in Mexico.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information