Forest Gate Plans 20 Hole Drill Program For Remick Kimberlite Dyke

MONTREAL, QC. FEBRUARY 6, 2006 – Forest Gate Resources Inc. reports that it is making preparations to mobilize a drill rig on its Portage property located in Quebec’s Otish Mountains along with joint venture partner Majescor Resources Inc.

By mid-February, Forest Gate expects to begin a 20-hole drill program that will attempt to delineate the Remick kimberlite dyke over a 1000 metre strike length. In addition to beginning to provide an idea of the strike length, the drill program will also attempt to delineate the size, shape and diamond bearing potential of the kimberlite body.

Prior to drilling, Forest Gate will conduct a detailed ground geophysical survey over the dyke’s projected strike length that will assist with target location and drill placement.

In addition to geophysical surveys, the company is also employing satellite imaging technology to conduct a regional-scale structural analysis of the Portage property in order to better understand the controlling factors of kimberlite emplacement.

Lake-bottom sediment sampling will also be tested as an exploration tool near the Remick dyke and at the head of known indicator mineral dispersion trains.

The Remick kimberlite dyke is located less than 2 kilometres west of SOQUEM/Ashton Mining’s Foxtrot property. The Foxtrot property hosts the 3.7 kilometre long Lynx dyke, the 850 metre long Hibou dyke and the Renard cluster of diamondiferous kimberlite bodies.

An Ashton Mining press release dated November 8, 2005 reports: “The joint venture plans to collect a large bulk sample from the Renard cluster in 2006 in order to obtain a minimum 5,000 carat parcel of diamonds for evaluation purposes. Concurrently, the exploration of the Foxtrot property will continue with the goal of discovering additional kimberlite bodies.”

Throughout 2006, Forest Gate is planning to aggressively explore the Portage Property by funding a multiphase exploration program that includes prospecting, ground geophysics, glacial till sampling, lake-bottom sediment sampling and diamond drilling.

Saskatchewan: East Side Property Update

The final set of microdiamond results from the 2005 exploration drill program for the Duke and Dizzy kimberlite pipes have been received by the company. Theses results form a segment of an overall sampling program that tested all the unique kimberlite units within the two pipes. The results are as follows:

This portion of the sampling program was designed to test the microdiamond potential of the finer grained kimberlite units found nearer the top of both pipes. The samples were taken to ensure all representative kimberlite units had been adequately tested and a baseline of information created for those rock types.

The results for drill-hole FG05-11, collared atop the Duke pipe, are in addition to the previously reported (October 28, 2005) results of 22 microdiamonds found in 294.25 kilograms of kimberlite.

The three drill-holes collared atop the Dizzy pipe, FG05-13, FG05-17, FG05-20, were chosen for microdiamond analysis as they had respectively intersected the lateral extents of the western, eastern and northern flanks of the pipe.

This completes the microdiamond analysis of the Dizzy and Duke pipes from the summer 2005 exploration program and a desk-top study will follow.