VANCOUVER, BRITISH COLUMBIA (January 04, 2006) - Mont Blanc Resources Inc. (formerly Crux Industries Inc.), (the "Company" or "Mont Blanc") announces it has entered into an agreement with Magnum Energy Inc. to joint venture on a 6 well medium-risk exploratory drilling program in Southern Alberta (the "Farm-in Assets"). Following initial success, there may be opportunity under the joint venture to drill a further 20 wells.

Magnum has entered into a farm-in agreement with a private junior oil and natural gas producer (the "Farmor") to participate in the Farm-in Assts (the "Magnum Farm-in"). The Magnum Farm-in calls for Magnum to pay 100% of the drilling costs to earn a 50% working interest in drill space units as detailed in the Farm-in. Before payout, Magnum will receive 100% of the production and shall pay the Farmor a 15% gross overriding royalty.

Concurrently, Mont Blanc has entered into a joint venture arrangement with Magnum with respect to 50% of the above-mentioned Farm-in (the "Mont Blanc JV"). Pursuant to the terms of the Mont Blanc JV, Mont Blanc has agreed to pay 55% of Magnum's drilling costs whereafter Mont Blanc will earn 50% of Magnum's interest in the Farm-in Agreement properties. The result being that both companies may earn a 25% working interest each, in the properties. Jens Biertumpel, President, Chief Executive Officer of Mont Blanc is also a director of Magnum.

The properties were acquired by the Farmor along with proprietary 2D and 3D seismic data and drilling is expected to commence before March 1st, 2006. Upon initial success, further drilling opportunities, utilizing production and seismic data, will be explored.

Mont Blanc Resources Inc. is a junior oil and gas exploration company operating in the Western Canadian Sedimentary Basin.

For further information call Jens Biertumpel, President and CEO at 604.601-2079.

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