VANCOUVER, B.C., January 30, 2008 - Mont Blanc Resources Inc. (TSX-V: MTN) (the "Company" or "Mont Blanc") Dennis Petke reports:
Mont Blanc has exercised its option to acquire 100% of the Los Pavitos mining claim in Sonora, Mexico, by making a cash payment of USD$50,000 and by issuing 1,500,000 common shares to the vendors pursuant to the option agreement dated September 11, 2007. Los Pavitos is the first of three claims to be acquired.
Following a field visit of the Los Pavitos claim by two independent geologists earlier this month the company is planning a systematic reconnaissance exploration program, including rock-chip sampling, geological mapping and geophysics in order to determine each property's potential. The Company expects work to commence within 14 days.
The Los Pavitos claim covers 10,000 hectares and is located approximately 35 kilometres southeast of Navojoa, Sonora. Small-scale copper and gold mining have taken place historically throughout the property. The property hosts similar age copper-bearing intrusives as observed at the Piedras Verdes mine located 30 kilometres to the northeast. The Piedras Verdes mine has been in production since October, 2006, by Frontera Copper Corp. The mine has proven and probable reserves of 191 metric tonnes at 0.36 per cent CuT.
Los Pavitos also hosts similar geology to the Brenda claim which adjoins the Los Pavitos claim. Brenda adjoins the Las Minitas project of Pershimco Resources Inc. In 2006, Pershimco's joint venture partner, Tara Gold Resources Corp., reported an indicated mineral resource of 13,534,398 metric tonnes at 7.58 ounces per ton, or 102,590,736.8 ounces of silver, based upon re-evaluation of historical data. The geology of the Brenda property exhibits similar rock types and structures that host mineralization observed at Las Minitas.
Mr. Jens BiertumpelCEO604-642-6165
Dennis Petke, CACFO604-642-6122
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Any statements regarding the company's future financial position, revenues, earnings, plans and objectives are forward-looking statements. Mont Blanc will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian Securities regulatory authorities by Mont Blanc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.
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