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Goldbrook Ventures Inc

Publié le 24 mars 2010

Receives Additional Funding For 2010 Exploration Program

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Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

For Immediate Release                                                                                                                    March 24, 2010
Trading Symbol: GBK - TSX-V

Goldbrook Receives Additional Funding for 2010 Exploration Program

Vancouver, British Columbia - Goldbrook Ventures Inc. ("Goldbrook") is pleased to announce that ithas received additional funding of $3,500,000 for the 2010 exploration program from Jilin Jien NickelIn dustry Co., Ltd. of Panshi, Jilin, China ("Jilin Jien"). Goldbrook has now received a total of $6,500,000 for the 2010 exploration program from Jilin Jien. The $6,500,000 funded by Jilin Jien to date is the initial instalment of exploration program funding from Jilin Jien in 2010, which is planned to be $17,500,000 plus received government rebates. Goldbrook is not required to raise any money in order to fund the planned 2010 exploration program.

This year's planned exploration program will include up to 25,000 metres of diamond drilling in addition to a regional mapping program, geochemical surveys and ground geophysical surveys. This program will follow-up on the highly successful previous programs of the last several years, which resulted in discoveries of extensive nickel sulphides at the Mystery and Timtu zones and other priority drill targets across the property. The program will also test new and positive results from previous geophysical, geological, remote sensing and other work to better define the Ni-Cu-Co-PGE sulphide potential within Goldbrook's extensive Raglan Nickel Belt property holdings.

About Goldbrook

Goldbrook Ventures is engaged in the exploration for Nickel-Copper-Platinum Group Element sulphide deposits - a class of mineral deposit that, due to its poly-metallic nature, has the advantage of protection against individual metal price cycles and has strong long term supply-demand fundamentals. Goldbrook's quest for discovery is focused in the Raglan District of Northern Quebec, a district that hosts Xstrata's Raglan operations, arguably one of the world's most profitable nickel-copper-PGE mines. Goldbrook is  the District's single largest holder of mineral rights, with a 100% interest in 861,000 acres. Goldbrook also owns 25% of the voting shares of Jien Canada Mining Ltd. ("Jien Canada"). Jien Canada successfully acquired Canadian Royalties Inc., the owner of the nickel-copper-cobalt-platinumpalladium-gold deposits in the Raglan mining district which collectively form the Nunavik Nickel Project.

ON BEHALF OF THE GOLDBROOK BOARD:
(signed) "David Baker," Chairman and CEO

For Further Information Please Contact:
Telephone: 604 683 8083
Email: info@goldbrookventures.com

Suite 1550 - 200 Burrard Street, Vancouver, British Columbia, Canada V6C 3L6
T: (604) 683-8083 
F: (604) 683-8087 
TF: 1-888-488-9884 
www.goldbrookventures.com  TSX.V:GBK

Cautionary Note Regarding Forward-Looking Statements

Certain of the statements made herein may contain forward-looking statements or information within the meaning of Canadian securities laws and the applicable securities laws of the United States. Such forwardlooking statements or information include, but are not limited to, statements or information with respect toGoldbrook's plan for future exploration and development of its properties.Forward-looking statements or information are based on a number of estimates and assumptions and aresubject to a variety of risks and uncertainties, which could cause actual events or results to differ from thosereflected in the forward-looking statements or information. Should one or more of these risks and uncertaintiesmaterialize, or should underlying estimates and assumptions prove incorrect, actual results may varymaterially from those described in forward looking statements or information. Factors related to such risks anduncertainties, and underly ing estimates and assumptions include, among others, the following: the ability ofGoldbrook to advance development of its properties; price volatility of nickel and other metals; impact of anyhedging activities, including margin limits and margin calls; discrepancies between actual and estimatedproduction, between actual and estimated resources, and between actual and estimated metallurgicalrecoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictionsand liability; risks of sovereign investment; speculative nature of mineral exploration; defective title to mineralclaims or property, litigation, legislative, environmental and other judicial, regulatory, political andcompetitive developments; technological or operational difficulties or inability to obtain permits encounteredin connection with exploration activities; and labour relations matters. Accordingly, undue reliance should notbe placed on forward looking statements or inf ormation. We do not expect to update forward-lookingstatements or information continually as conditions change, except as may be required by law.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies ofthe TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
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Goldbrook Ventures Inc

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CODE : GBK.V
ISIN : CA38076R1091
CUSIP : 38076R 10 9
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Goldbrook Ventures est une société d’exploration minière d'or basée au Canada.

Goldbrook Ventures détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont NUVILIK, RAGLAN / BELANGER, SYLVIE, UNGAVA, SCOTT et MASUPARIA PROJECT au Canada.

Goldbrook Ventures est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 80,8 millions CA$ (78,8 millions US$, 62,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 0,80 CA$, et son plus bas niveau récent le 24 décembre 2008 à 0,04 CA$.

Goldbrook Ventures possède 230 989 000 actions en circulation.

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Présentations des Compagnies de Goldbrook Ventures Inc
21/11/2009Goldbrook positioned for nickel production in Quebec
07/04/2008Research note
Rapports annuels de Goldbrook Ventures Inc
2008 Annual Report
Financements de Goldbrook Ventures Inc
12/10/2011Announces Non Brokered Private Placement
Nominations de Goldbrook Ventures Inc
28/03/2011Announces Executive Appointment
30/04/2010Appoints New CEO and Director
Projets de Goldbrook Ventures Inc
19/08/2011(Nunavik)Nunavik Nickel Project Update
21/07/2011(Nunavik)Entitled to 25% Interest in Nunavik Nickel Project
13/07/2010(Raglan / Belanger)Commences 2010 Drill Program on Raglan Project
24/06/2010(Raglan / Belanger)Raglan Project Mobilizes Summer Field Crews
14/04/2010(Nunavik)Receives NI 43-101 on Nunavik Nickel Project
12/11/2009(Raglan / Belanger)2009 Drilling Enhances Mystery Ni-Cu-PGE Sulphides
06/10/2009(Raglan / Belanger)Discovers Deep Extension to Ni-Cu-PGE Sulphides at TIMTU
30/06/2009(Raglan / Belanger)Announces Start of Raglan Drilling Program 2009
26/05/2009(Raglan / Belanger)Exploration Update
07/11/2008Intersects 76.3 metres .91% Ni, 1.11% Cu 2.94 g/t PGE + AU
03/09/2008(Raglan / Belanger)Discovers Ni-Cu-PGE Sulphide Zone at Mystery
09/05/2008(Raglan / Belanger)Announces Multiple Intersections at Getty
01/05/2008(Raglan / Belanger) Announces 6.05 Metres 2.72% Nickel at Sylvie
03/06/2005(Raglan / Belanger)Anglo American form Raglan joint venture
Communiqués de Presse de Goldbrook Ventures Inc
31/01/2012JJ Offer and GBK Directors' Circular Recommending Tender to ...
20/01/2012Executes Support Agreement with Jilin Jien for Friendly $0.3...
22/12/2011Announces Arbitration Award
20/12/2011Announces Results of 2011 Shareholders Meeting
19/12/2011(Nunavik)Noel Nunavik Nickel
30/11/2011Jilin Jien Requests Consent to Make an Offer
22/09/2011Arbitration Update
26/07/2011Clarifies Arbitration Award
19/04/2011Files Petition in the Supreme Court of British Columbia
31/03/2011Announces Notice of Arbitration
13/08/2010from Michael A Berry Morning Notes
08/07/2010Receives Additional 2010 Exploration Funding
29/06/2010(Nunavik)LOI with SNC Lavalin for Nunavik Nickel Project
02/06/20102010 Exploration Update
01/06/2010Are You The Winner ?
26/03/2010Participates in Hong Kong Conference
24/03/2010Receives Additional Funding For 2010 Exploration Program
03/03/2010Receives Initial Funding for 2010 Exploration
21/01/2010Chairman's Update
15/01/2010Confirms Delisting of Canadian Royalties
13/01/2010and Canadian Royalties Complete Plan of Arrangement
05/01/2010/Jien Offer Approved By Canadian Royalties Shareholders
23/11/2009Special Report on Goldbrook Ventures Inc.
12/11/2009Jien Canada Takes Up Shares & Debentures of Canadian Royalti...
29/10/2009Expands Pad Zone
28/10/2009Jien Canada Reports Tender Results
16/10/2009Jien Canada And Canadian Royalties Sign Agreement
21/09/2009Expands Mystery Ni-Cu-PGE Sulphide Zone
10/09/2009Drills 95.4 m of .78% Ni - Discovers New Zone
27/08/2009Offer Represents Full and Fair Value
10/08/2009Jilin Jien and Goldbrook Formally Commence All- Cash Bid for...
26/06/2009Northern Miner Article
17/06/2009Announces Camp Mobilization
11/02/2009Receives Initial Funding for 2009 Exploration
26/11/2008Receives Quebec Refund
26/11/2008and Jilin Jien Nickel Hold Signing Ceremony in Beijing
26/11/2008Re-Elects Directors
03/11/2008Mystery Zone Additional Results
15/09/2008Expands Ni-Cu-PGE Sulphide Zone at Mystery
29/08/2008Signs Agreement with Jilin Jien Nickel
25/08/2008looks to China for partnership
22/08/2008Extends Letter of Intent with Jilin Jien Nickel
07/08/2008Extends LOI with Jilin Jien Nickel
18/07/20082008 Exploration Program at Raglan Underway
20/06/2008Enters LOI with Jilin Jien Nickel
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