Ms. Maria Au reports

ALTAI REPORTS ON THE MALARTIC GOLD PROPERTY

Altai Resources Inc. has released the latest drill results on its 50-per-cent-owned Malartic gold property, Quebec. The drill program was carried out by the property's joint venture partner and operator, Globex Mining Enterprises Inc. (which names the property as Blackcliff gold mine property). The results were reported by Globex.

A 1,994.5-metre, 10-hole drilling was completed for the drill program. Drill holes tested openings on the main Blackcliff fold south flank horizon as well as the Lencour horizon farther to the south of the property. The best results from the main Blackcliff horizon returned 3.77 grams per tonne Au over 1.2 metres in hole BK-22-01, 5.25 g/t Au over one metre and one g/t Au over two metres (where visible gold was identified) in hole BK-22-02, and finally 5.66 g/t Au over one metre, 2.02 g/t Au over three metres and 1.38 g/t Au over 5.1 metres in hole BK-22-09. Six of the seven holes completed on the Lencour horizon returned anomalous gold. Best results on the Lencour horizon returned 4.27 g/t Au over one metre in hole BK-22-04, and 1.06 g/t Au over one metre in hole BK-22-05.