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

NORMABEC MINING RESOURCES LTD.

December 07, 2006 09:51 ET

Normabec: Gearing Up for a New Phase of Drilling on Pitt Gold

ST-BRUNO, QUEBEC--(CCNMatthews - Dec. 7, 2006) - Normabec Mining Resources Limited (TSX:NMB) is pleased to announce that it is getting ready to resume drilling on its Pitt Gold property located along the Porcupine-Destor Break, some 35 km north of Rouyn-Noranda, Abitibi.

Following the spectacular results of the last drilling program, which included 82.88 g/t Au over 4.58 m on a new mineralized zone, the company built a permanent bridge over the Lanaudiere River and improved the access road to the drilling area. Work was also carried out at surface over the drilling area to facilitate the drilling.

Hole PG2006-01 returned the best gold values ever cut on the property. It also intersected numerous mineralized structures to the north of Veins 1 and 2 which were the focus of Normabec's drilling in the past. That drill hole had to be stopped because of snow melt down in early April. It will be deepened since it was still well mineralized near its bottom (3.59 g/t Au over 5.50 m between 838.8 and 844.3 metres).

The central part of the Property, which contains a significant High Grade Zone, was NORMABEC's prime target area until these spectacular results were obtained in the western portion of that zone. This discovery opens almost virgin territories at depth and to the north of vein #1 and vein #2.

As mentioned in the compilation report and illustrated on the Vein 2 longitudinal section, the central part of the Property returned several high grade gold intersections, from drilling performed over the years by NORMABEC, Santa Fe Canadian Mining Limited and Pitt Gold Corporation:

PG2005-09 : 36,25 g/t Au over 4,6 meters

DQ95-32 : 16,91 g/t Au over 6,25 meters

DQ95-03 : 35,71 g/t Au over 2,03 meters

DQ95-37 : 13,02 g/t Au over 2,52 meters

P-58 : 9,82 g/t Au over 3,97 meters

P-35 : 10,42 g/t Au over 2,44 meters

The gold is generally related to zones of quartz stockwork and silicification containing between 2 to 10% of disseminated pyrite and traces of chalcopyrite. All rock types, north and south of the Porcupine-Destor Break, can host mineralized structures although intermediate volcanics and QFP appear to be favoured in term of continuity.

During the summer, the company raised $1,000,000 which will be mainly dedicated to the definition of these new high grade structures, at 50 metres spacing. In addition to the new discovery area, the high grade mineralization in the center of the deposit will again be targeted. The work should be carried out with two machines starting at the beginning of January 2007.

The 2007 drilling program will be carried out under the supervision of Mr. Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101 (OGQ #668).

NORMABEC can earn a 60 % interest of the property from partners SOQUEM INC. and GeoNova Exploration inc. by completing 15,000 meters of drilling before June 30, 2007 and an additional 20 % by investing a further $500,000 no later than June 30, 2008. The proposed expenditures should enable NORMABEC not only to complete the acquisition of this 60% interest but also to earn an additional 20% interest.

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.

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