COMMITTEE BAY COMPLETES FIRST YEAR EARN-IN ON COOLGARDIE PROJECT
FIRST PHASE PROGRAM IDENTIFIES OUTSTANDING RESOURCE AND EXPLORATION OPPORTUNITIES

April 19, 2006

Committee Bay Resources Ltd. (CBR:TSXV) and Joint Venture partners Focus Minerals Ltd. (ASX:FML) are pleased to announce that Committee Bay has met its first year spending commitment of AUS$2.7 million to the Redemption Joint Venture (“RJV”) as part of the three year, sole funded AUS $8 million exploration deal to earn a 50% interest in the tenements of the joint venture. With the completion of the first year’s exploration spending obligation, Committee Bay has completed the minimum earn in on the project and now holds a 20% interest in the RJV tenements. 

Significant drill intersections have occurred in a number of areas including East Tindals where mineralization containing 10.52g/t Au over 3.3m and 15.02g/t Au over 3.8m were identified 150m below existing drill holes.  Drilling will continue as feasibility work is initiated towards a production decision.  At Redemption Corridor, drilling confirmed the presence of high grade shoots within the structure, including 58.45 g/t Au over 1.8m and 7.22 g/t Au over 4.1m at the Big Blow Prospect, and 6.39 g/t Au over 2.9m at Perseverance.   At Dreadnought, new drilling shows the mineralized zones remain open down-dip and confirmed the geologic continuity and higher grade trends, which included 3.53 g/t Au over 82m and 6.48 g/t over 10.9m. 

The AUS $3.2 million exploration expenditures incurred since the inception of the RJV in August  2006 includes resource evaluations and optimizations, 8500m of reverse circulation (RC) drilling, 6000m of surface and underground core drilling, surface geochemistry, extensive geological compilation and regional target development.  A staged exploration approach was taken to evaluate near term resource opportunities, pursue high priority exploration targets and develop a regional exploration model and strategy for the Coolgardie area.   Resource reviews, re-calculations and economic pit optimizations were carried on all significant gold deposits in the Coolgardie field to identify potential near term open pit productions and allow ranking, prioritization and development strategies for the RJV resource inventory.

TINDALS

At the Tindals Mining Center 4500m of underground core drilling was directed at exploring multiple lode gold zones, which are centralized around existing underground infrastructure. At the Tindals East, significant intersections of  10.52g/t Au over 3.3m and 15.02g/t Au over 3.8m drilled to 150m below existing drill holes demonstrated that the Tindals East System remains open at depth and drilling has defined a continuous zone  of mineralization over a 100m strike and 350m down dip. Drilling at the Countess Lode System has now identified a shallow south plunging mineralized zone over a  200mx75m area which remains open in an up plunge direction. Drill holes targeting the Countess also identified significant mineralization and resource opportunities 50m to the east in the Tindals West Zone. Highlights from the Countess drilling include 6.70 g/t Au over 4.5m in the Countess Lode and 6.39 g/t Au over 4.0m from the Tindals West Zone. Compilation and Independent Resource Calculations of the Tindals mineralized zones are currently being conducted.

DREADNOUGHT

At the Dreadnought Project, 1600m of RC and 1000m of core drilling were conducted to extend and confirm the continuity of near surface resources currently calculated at 970,000 tonnes (t) at 2.5 g/t (78,000oz) indicated and an additional 2,570,000t at 1.9 g/t (157,000oz) inferred*. The program successfully demonstrated that that the mineralized zones remain open down-dip, and confirmed the geologic continuity of the higher grade trends, including 3.53 g/t Au over 82m and 6.48 g/t over 10.9m.

REDEMPTION CORRIDOR

Exploration drilling programs within the Redemption Corridor targeted a 2.5 km section of north-south oriented mineralized structures with 3700m of RC and 500m of diamond core tails in selected holes. The program confirmed the presence of high grade shoots within the structure, including 58.45 g/t Au over 1.8m and 7.22 g/t Au over 4.1m at the Big Blow Prospect, and 6.39 g/t Au over 2.9m at Perseverance.

LADY CHARLOTTE

An 1800m RC drill program targeted two trends of diorite hosted mineralization at the Lady Charlotte Prospect located immediately east of the Tindals Mining Center. Highlights of this program including  6.44 g/t Au over 4.0m, 28.80 g/t Au over 1.0m, 5.94 g/t Au over 3.0m and 2.56 g/t Au over 18.0m, indicate that significant potential exists for the development of resources in this area.

Other drill programs totaling 1400m of RC drilling conducted primarily at the Norris and Bonnievale areas tested conceptual geological targets. These programs have identified new structures with excellent exploration potential.

Regional exploration work included extensive surface geochemistry programs at the Mount and Camel Paddock areas which identified numerous gold in soil anomalies. The RJV also maintained a comprehensive regional geological program to evaluate the Coolgardie Belt and develop regional targeting models.

“The results of the first phase of evaluation and exploration on the Coolgardie Belt have been highly encouraging.” stated Mr. John Williamson, the president of Committee Bay, “The integration of information from existing resources, drilling programs and regional exploration has identified district scale trends and regional patterns of mineralization which will form the basis of future RJV drilling and exploration programs. In addition the strength of the current gold price has created new production opportunities which have been previously unrealized in the area. Overall the strategy of consolidation and regional evaluation of a previously fragmented land package has been highly successful for creating exciting opportunities for Committee Bay and the Redemption Joint Venture.”

COOLGARDIE PROJECT

Committee Bay Resources Ltd., through the Redemption Joint Venture (Committee Bay in a 50% partnership with Focus Minerals Ltd. ASX: FML), has the mineral rights to more than 210km² of under-explored greenstone tenements, located in one of the world’s most significant gold and nickel mining regions.  These tenements contain Indicated resources of 315,720 ounces gold* (5.32 million tonnes at 1.8g/t gold) and Inferred resources of 1,080,825 ounces gold* (13.7 million tonnes at 2.5g/t gold).  The RJV also has a 100% interest in the fully permitted, 1.2mtpa, Three Mile Hill Mill processing plant.  Scoping studies have been initiated to determine the viability of reactivating the Three Mile Hill Mill in the near term.

* For more information on the stated gold resources of Committee Bay Resources Ltd., please refer to the detailed NI 43-101 compliant technical reports filed on SEDAR by Committee Bay on December 20, 2004, and by Matador Exploration Inc. (now a wholly owned subsidiary of Committee Bay Resources Ltd.) on July 18, 2005.

Committee Bay Resources Ltd. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property.  The program is supervised by Peter Kleespies, M.Sc. P.Geol., Vice President of Exploration (Australia), who is the Qualified Person as defined by NI 43-101.

Committee Bay now controls major greenstone belts in Nunavut and Western Australia and has the opportunity to conduct year-round exploration on three continents in order to build on its existing gold resources.

On behalf of the Board
Committee Bay Resources Ltd.
/s/”John Williamson”
John Williamson, P.Geol.
President

Certain disclosures in this release, including management's assessment of Committee Bay’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Committee Bay's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Committee Bay expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.