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| April 19, 2007 A-Train Drill Assay Results | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Vancouver, British Columbia: Bell Resources Corporation ("the Company" or "Bell") is pleased to provide final assays for the Fall 2006 exploration drilling at the Company's A-Train Nickel/Copper PGE project in the Upper Peninsula region of northern Michigan. This first phase of exploratory drilling indicates that platinum, palladium and gold mineralization extends at least 135 meters along strike and at least 70 meters down dip from surface, and is open to the northeast, southwest, and down dip. Mineralization is present in at least two distinct intervals having true thicknesses ranging between 3 and 16 meters. Regression shows that the mineralized intervals are consistently planar between the first six drillholes, making an angle of 50° with both the inclined and vertical drillholes. Based on this regression, drillhole AT-7 was not drilled deep enough to have intersected the downdip projection of these mineralized intervals. Specifically, drillhole AT-7 was targeted to test a prominent aeromagnetic anomaly detected in the Company's 2005 airborne geophysical survey. Modeling of the observed magnetic susceptibility in drillhole AT-7 is currently being completed to determine whether clotty magmatic magnetite found in the bottom of this drillhole is adequate to explain the aeromagnetic anomaly. Follow-up drilling planned for this summer will attempt to expand the down-dip and along-strike dimensions of this known mineralization in order to locate potential higher grade lenses in these same mineralized intervals. All the drillholes intersected intervals containing several volume percent of disseminated to net-textured magmatic ore minerals, including chalcopyrite, pyrite, and magnetite. Intervals showing elevated Pt and Pd were not consistently coincident with visible sulfide mineralization. Assays from AT-3, AT-4, and AT-5 were reported previously, and are reported here again for completeness.
Assays for other platinum group elements such as osmium, iridium, rhodium, and rhenium failed to detect significant quantities of these elements. The first six drillholes comprised three drill fences separated roughly by 70 meters, with each fence consisting of one vertical hole and one angle hole directed northeasterly at a vertical inclination of 45°. From northwest to southeast, drillholes AT-2, AT-6, and AT-3 were vertical holes in separate drill fences, and AT-1, AT-5, and AT-4, respectively, were the corresponding angle holes. These six holes were drilled to test the extent of Pd-Cu mineralization observed in outcrop. Sampling was conducted under the direct supervision of Dr. Rodney Johnson, geological consultant to the Company. Fire assays for platinum group elements, finished by mass spectrometry, were performed by Actlabs of Ancaster, Ontario. Field blanks were inserted into the sample stream at the core splitting stage at a rate of at least one per twenty-five samples. A-Train Project The A-Train property is located in the Upper Peninsula of Michigan. A-Train is regarded as highly prospective for deposits of nickel-copper and PGM's, and shares a geological affinity with the nearby North American Palladium Lac des Iles mine and Rio Tinto Eagle orebody. Bell Resources is focused on the exploration and development of a diversified portfolio of North American base metal projects with the most advanced being the past producing Granduc Mine. All projects will be advanced along a path toward potential production enabling Bell Resources to make the transition from explorer to producer. On Behalf of the Board of Directors of Bell Resources Corporation "W. Glen Zinn" W. Glen Zinn, CEO, President & Director THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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