Declan Resources Inc. ("Declan" or the "Company") (TSX VENTURE:LAN) announces
that it has entered into a property option agreement with 877384 Alberta
Ltd.(the "Optionor") to acquire a 100% interest in the Firebag River Property
("Firebag Property"), located southwest of the Athabasca Basin in northeast
Alberta. The Athabasca Basin is host to some of the world's largest and richest
high-grade uranium deposits. Declan considers the Firebag Property to be
significantly prospective and underexplored.


Situated southwest of the Athabasca Basin, the Firebag Property consists of six
metallic and industrial minerals permits encompassing approximately 50,000 ha.
It is west of Alpha Minerals recently discovered Patterson Lake South (PLS)
uranium occurrence, and about 30 km south of the southernmost mapped margin of
the basin. 


Surface rocks at the Firebag Property consist of a thin-sequence of mature,
cretaceous-aged sandstones. At relatively shallow depths, Proterozoic aged rocks
of the West Lloyd Domain are generally comprised of granitic gneisses with local
pelitic gneiss units. Within this basement domain, the pelitic sequences are
associated with uranium mineralization at such notable locations as Cluff Lake
and Shea Creek. North of the Firebag Property a significant uranium deposit
occurs at Dragon Lake along the Maybelle River Shear Zone. This deposit includes
an intersection with 21% U3O8 across 5 meters and reported grades of up to 54.5%
U3O8, according to the Alberta Geologic Survey Website (AGS)
http://www.ags.gov.ab.ca/minerals/uranium/. 


Geochemical alteration associated with this deposit includes enrichment in such
metals as nickel, arsenic, cobalt, and molybdenum.


Historic exploration of the Firebag Property is limited; however, regional
government and public geophysical survey data shows a complex pattern of
magnetic lows and highs, truncated or offset in the northern part of the
property by the Marguerite River Fault, a southwest orientated structure
interpreted as a splay of the regionally significant Beatty River Fault Zone.
The only documented exploration of the Firebag Property specific for uranium was
conducted by E&B Explorations Ltd. in 1977. Exploration confirmed the presence
of a southwest orientated fault zone, and a geochemical anomaly with 11 ppm
cobalt in lake sediments atop this structure. A short distance northeast of the
Firebag Property border, historic drill hole 16-1-100-3W4M intersected an
approximately 1 meter interval of anomalous radioactivity within sands atop the
basement unconformity from 38.7 to 39.6 meters depth.


Originally conceptualized for its industrial mineral potential, the Firebag
Property has good potential to host other mineralization.


In order to earn its 100% interest in the Firebag Property Declan must pay the
Optionor $85,000 upon TSX Venture Exchange approval (TSXV Approval"), issue the
Optionor a total of 5,000,000 shares over a two year period following TSXV
Approval and incur exploration expenditures of at least $3 million over a three
year period following TSXV Approval. The Optionor will retain a 2% NSR on metals
and a 4% GOR with respect to other, non-metallic commodities which are produced
from the Firebag Property. A finders fee will be payable on the overall
transaction.


Declan will engage Dahrouge Geological Consulting Ltd. ("DGC"), of Edmonton, for
management and exploration of its Athabasca basin uranium properties. DGC is a
mineral exploration, consulting and project management group based in Edmonton.
DGC is experienced in a wide variety of commodities and environments and has
been involved in the uranium industry for more than 30 years with many notable
accomplishments. 


DGC has a record of success with Jody Dahrouge, president of DGC, and his team
which are responsible for the conceptualization and acquisition of several
uranium properties within the Athabasca Basin; most notably these include such
projects as Waterbury Lake (J zone), Patterson Lake and in part Patterson Lake
South.


The Firebag Property acquisition is subject to TSX Venture Exchange approval.

Garry Clark, is a Qualified Person (QP) by the standards of National Instrument
43-101. He has reviewed the technical data described above and approves the
contents of this news release.


About Declan Resources Inc. 

Declan Resources Inc. is an independent mineral exploration company based in
Vancouver, B.C. which is currently pursuing mineral exploration in their Nimini
Hills and Baomahun license areas in Sierra Leone. Declan also has an option to
acquire a 100% interest in two uranium exploration properties in the Patterson
Lake area of the Athabasca basin in Saskatchewan.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Declan Resources Inc.
Wayne Tisdale
President and CEO
(604) 639-4455

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