GBK Goldbrook Ventures

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Goldbrook Ventures Inc. ("Goldbrook" or the "Company") (TSX VENTURE:GBK) reports
that drilling has commenced on the Company's extensive Raglan belt mineral
tenures within the Cape Smith Nickel belt of northern Quebec. Goldbrook's
property includes numerous showings of Ni-Cu-PGE sulphides in ultramafic rocks
within both the Raglan Horizon (North Horizon) and the Southern Horizon which
includes the productive Belanger Trend.


The 2010 program is planned to include up to 25,000 metres of drilling focused
on the Belanger Trend (South Horizon) and the east and west extensions of the
northern, Raglan Horizon. The program will have up to 5 drills active on the
project throughout the summer. Currently 3 drills based out of the Belanger camp
are active and 2 drills for the eastern projects are mobilized and should be
operational within days. The western drills based in Belanger will continue to
test targets located at the Mystery, Echo and Bravo Ni-Cu-PGE sulphide
occurrences as well as new areas defined by the integrated exploration program
currently underway. Generally, targets of interest are characterized by
ultramafic rocks, characteristic geophysical and geochemical signatures and
sulphide showings. 


The Company has allocated a budget of over $17,500,000 to complete the program.
The program includes diamond drilling in conjunction with an extensive program
of prospecting, geochemical surveys and ground geophysics over both the east and
west extensions of the productive north and south Raglan horizons. This is an
aggressive expansion from the previous, and successful, exploration focus on the
Belanger Trend into new, and high potential geological target areas. This
program is also designed to follow-up on the positive results of geological,
geophysical and remote sensing surveys completed in these areas over previous
years. Recent work programs were successful in the discovery of extensive
nickel-copper-PGE sulphides at the Mystery and Timtu zones.


Kevin Wells, PGeo, (Quebec Special Authorization No. 155), General Manager, is a
Qualified Person as defined by NI 43-101 and has reviewed and verified the
information contained and is responsible for the technical content of this news
release.


About Goldbrook

Goldbrook Ventures is engaged in the exploration and development of
Nickel-Copper-Platinum Group Element sulphide deposits - a class of mineral
deposit that, due to its polymetallic nature, has an 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's Raglan project is in the third year of an option-joint venture
agreement with Jilin Jien Nickel Industry Co., Ltd.("Jilin Jien") under which
they can earn a fifty percent interest in the Goldbrook properties by funding
minimum exploration expenditures of $45 million (plus reinvestment of Quebec
rebates). To date, Jilin Jien has funded exploration costs totaling
approximately $44 million, and we expect that they will reach the required total
expenditures to complete their earn-in by the completion of the 2010 exploration
program.


Goldbrook also owns 25% of the voting shares of Jien Canada Mining Ltd. (which
successfully acquired Canadian Royalties Inc.), the owner of the
nickel-copper-cobalt-platinum-palladium-gold deposits in the Raglan mining
district which collectively form the Nunavik Nickel Project.


ON BEHALF OF THE BOARD:

David Baker, Chairman and Director

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 forward looking statements or
information include, but are not limited to, statements or information with
respect to Goldbrook'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 are subject to a variety of risks and uncertainties, which could
cause actual events or results to differ from those reflected in the
forward-looking statements or information. Should one or more of these risks and
uncertainties materialize, or should underlying estimates and assumptions prove
incorrect, actual results may vary materially from those described in forward
looking statements or information. Factors related to such risks and
uncertainties, and underlying estimates and assumptions include, among others,
the following: the ability of Goldbrook to advance development of its
properties; price volatility of nickel and other metals; impact of any hedging
activities, including margin limits and margin calls; discrepancies between
actual and estimated production, between actual and estimated resources, and
between actual and estimated metallurgical recoveries; mining operational risk;
regulatory restrictions, including environmental regulatory restrictions and
liability; risks of sovereign investment; speculative nature of mineral
exploration; defective title to mineral claims or property, litigation,
legislative, environmental and other judicial, regulatory, political and
competitive developments; technological or operational difficulties or inability
to obtain permits encountered in connection with exploration activities; and
labour relations matters. Accordingly, undue reliance should not be placed on
forward looking statements or information. We do not expect to update
forward-looking statements or information continually as conditions change,
except as may be required by law.

Grafico Azioni Goldbrook Ventures (TSXV:GBK)
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