VANCOUVER, BRITISH COLUMBIA (March 6, 2006)

Mont Blanc Resources Inc., (the "Company" or "Mont Blanc") is pleased to announce the closing of its previously announced offering (the "Offering") of 1.0 million units ("Units") at a price of $0.50 per Unit for gross proceeds of $500,000. Each Unit consists 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. Finder's fees in aggregate amount of $46,000 (10% of the related gross proceeds) were paid to eligible persons.

The proceeds of the placement will be used in connection with the previously announced joint venture and farmin 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. The proposed reactivation remains subject to approval by the TSX Venture Exchange (the "Reactivation").

Mont Blanc is also pleased to announce that it plans an additional closing of the Offering to consist of up to an additional 1.0 million Units at a price of $0.50 per Unit for further gross proceeds of $500,000. The additional closing will be subject to regulatory approval and completion of the Reactivation.

"Jens Biertumpel"
Jens Biertumpel, President and CEO

For further information please contact
Dennis Petke CFO at 604-642-6122 or Jens Biertumpel at 604-642-6165

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