VANCOUVER, BRITISH COLUMBIA (February 8, 2006)

Mont Blanc Resources Inc., (the "Company" or "Mont Blanc") is pleased to announce the appointment of Bolder Investment Partners, Ltd. ("Bolder") to act as its agent on a commercially reasonable best efforts basis for the completion of a brokered private placement of up to 1.7 million units ("Units") at a price of $0.60 per Unit for gross proceeds of $1,020,000. Each Unit will consist of one common share of Mont Blanc (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Share at a price of $1.00 per Share for a period of two years from the completion of the offering, subject to an early expiry clause.

In consideration for its services as agent, Bolder will be paid a commission equal to 8% of the gross proceeds raised, payable in cash, or in a mixture of cash and Units (with up to half of the gross commission consisting of Units at the offering price), at the option of the agent. In addition, Bolder will receive non-transferable agent's warrants entitling Bolder to purchase up to such number of Shares equal to 10% of the number of units sold under the brokered offering. The agent's warrants will be exercisable for a period of 2 years from the date of closing at an exercise price of $0.75 per Share. The Company will also pay the agent a work fee and reasonable expenses incurred in connection with the offering. The Shares, Warrants and agent's warrants received under the offering will be subject to a four month hold period. The Warrants and Agent's warrants will be subject to an early expiry provision if the Company's stock trades above a weighted average trading price of $1.30 for 20 consecutive trading days the Issuer may give notice that the Warrants will expire 30 days from the date of providing such notice. Completion of the offering is subject to filing acceptance by the TSX Venture Exchange.

The proceeds of the placement will be used in connection with a proposed joint venture and farm-in with an Alberta-based private oil & gas company which drilling program will be identified as the planned reactivation of Mont Blanc as a listed issuer on the TSX Venture Exchange. Further details of the planned reactivation are forthcoming. The reactivation is subject to approval by the TSX Venture Exchange.

"Jens Biertumpel"
Jens Biertumpel, President and CEO

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