VANCOUVER, B.C., November 30, 2006 - Mont Blanc Resources Inc. (TSX-V: MTN) (the "Company") announces, subject to regulatory approval, a non-brokered flowthrough private placement of up to 2,200,000 Units at $0.45 for gross proceeds of up to $990,000. Each unit consists of one flow-through common share and one share purchase warrant exercisable for a one year period at $0.60 per share.

Proceeds of the private placement will be used to finance the drilling exploration program on the Company's Taber Area Project.

About Mont Blanc
Mont Blanc (www.montblancresources.com) is an oil and gas exploration company focused on participating in low to medium risk oil and gas opportunities.

Company Contacts:

Mr. Lindsay Carswell Corporate Development and Investor Relations 604-601-2079 lindsay@montblancresources.com

Mr. Jens Biertumpel CEO 604-642-6165 jens@montblancresources.com

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.