Rampart Ventures Ltd.
TSX VENTURE : RPT

Rampart Ventures Ltd.

August 18, 2005 10:45 ET

Rampart Ventures Ltd.: More High Grade Assays of Surface Samples From the Black Sturgeon Uranium Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 18, 2005) - Rampart Ventures Ltd. (TSX VENTURE:RPT) is pleased to announce that it has received assays of six additional grab samples of uranium mineralization from the Split Rapids uranium occurrences on its Black Sturgeon property in the Sibley basin near Thunder Bay, Ontario.

Two samples of shattered bedrock from a trench on Zone B (see July 4th and August 11th, 2005 news releases) assayed 4.32% U3O8 and 1.56% U3O8. These samples consist of Archean iron formation cut by pitchblende-bearing veins.

From Zone C, two samples of Archean greywacke-type metasediment cut by a 2-3 cm wide hematite-magnetite vein carrying an unidentified uranium-bearing mineral, assayed 1.03% and 1.70% U3O8. These samples were taken a few metres away from the iron formation that was being prospected. A grab sample of the Zone C iron formation cut by a radioactive seam assayed 0.33% U3O8.

A grab sample of iron formation cut by a narrow radioactive fracture, 100 metres southwest and on strike of the original occurrence (Zone A) assayed 0.54% U3O8.

Nelson W. Baker, P.Eng., a director of Rampart, stated "These new assays show that we have high-grade uranium occurrences over a strike length of at least 500 metres, associated with two separate iron formations 400 metres apart. Because these zones are in basement rocks where the sedimentary cover has been eroded away, we think we're looking at the roots of an unconformity-type uranium deposit. The fact that the uranium is intimately associated with magnetite iron formation gives us a valuable exploration tool when we start searching for buried uranium in the Sibley Basin proper; in addition to drilling airborne conductors to test graphitic zones at the unconformity, we will be drilling magnetic anomalies to test iron formations at the unconformity."

Drill testing of the Split Rapids Zones will commence shortly.

The assays quoted in this news release were carried out at the Geoanalytical Laboratories of the Saskatchewan Research Council in Saskatoon. All assays were of grab samples and should not be construed as representing grades of a zone or zones.

Technical information in this news release has been reviewed by Colin Bowdidge, Ph.D., P.Geo., a Qualified Person under National Instrument 43-101.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information