Contact Exploration Cases New Brunswick Well

Contact Exploration reports that the Contact MBA Gautreau F-59-2328 well (previously referred to as the Contact-MBA Dover No. 101) has been drilled to the planned total depth of 564 meters. Electric logs were run to assist in identifying prospective horizons and production casing has been cemented to the total depth. During drilling, the well could not be adequately tested as planned due to hydrocarbon inflow. The production casing that has been run will allow the zones to be individually completed and adequately tested. As in the well that was being twinned, several hydrocarbon zones were encountered that warrant completion and testing which will be carried out as soon as suitable equipment can be sourced.

MBA Energy Corporation, a wholly owned subsidiary of MBA Gold Corp. (TSX-V:MBA ("MBA")) is paying 100% of the drilling and completion costs of the well to earn a 50% working interest in the three-section prospect.