UPDATE ON SURFACE EXPLORATION AT COMMITTEE BAY

August 18, 2005

Committee Bay Resources Ltd. (CBR-TSXV) is pleased to provide an update on its continuing exploration at the Committee Bay project located northeast of Baker Lake.  To date, approximately 4,737m of diamond drilling has been completed in three deep holes at Three Bluffs and 17 shallow holes at Raven (9 holes), Antler (3 holes) and West Plains (5 holes).  Two drills are currently operating with one continuing deep drilling at the Three Bluffs deposit and the other at the recently discovered Anuri prospect.  Previous press releases this year have outlined the identification of two mineralized zones at Raven (CBR press releases - May 19 and June 23, 2005) and high grade gold intersections at depth at Three Bluffs (CBR press release – July 27, 2005).  Additional drill results from Three Bluffs, Raven, Antler, West Plains and Anuri should be available in September.

Currently detailed geological mapping, surface sampling and 52.5 line-km of ground geophysics (Raven, Anuri and Muskox) are being completed as a follow-up to 4,762 line-km of airborne geophysical (EM and Magnetic) surveys completed this spring.   At this stage 776 samples of the 1,179 rock samples collected have been analyzed.  Of the samples analyzed 47 samples contained in excess of 1 g/t Au and 11 contained in excess of 5g/t Au with a number of new showings identified.  Over 1,845 till samples have been taken with results pending.

The Anuri showings and boulder train continue to provide high grade samples with four of the 20 samples taken this summer grading over 5 g/t Au.  Initial drilling at Anuri will target where geophysical anomalies coincide with a boulder train containing samples of high-grade gold and silver values up to 291.25 g/t Au and 1,769.5 g/t Ag, 10.53 g/t Au and 395.9 g/t Ag, and 9.36 g/t Au and 280.2 g/t Au (CBR  press release – Oct 19, 2004).   Detailed ground magnetic surveys completed on Anuri also revealed some structural trends in excess of one km long.  Using this structural information in conjunction with known surface mineralization the company has identified new key target areas that will be further ranked based on the assay results from pending surface samples.

There is over 500km of known favourable iron formation and volcanic-hosted shear zones on the property, less than 25% of which has been explored.  Surface mapping and sampling continue at the Inuk, Bluff 7, Betwixt, Coyote, Quartzite Ridge, Cop, Canyon and Kinng Silver.   Till sampling in combination with airborne geophysics and mapping will likely focus exploration into new areas.

CBR maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property.  The program is supervised by Dean McDonald, P.Geo. Ph.D., Vice President of the company, who is the Qualified Person as defined by NI 43-101.  The Committee Bay greenstone belt is 300 km long and is one of the longest and least explored greenstone belts in Canada.  CBR holds greater than 1,620,000 acres of land with prospective geology in the Committee Bay area and controls 85% of the belt.

On behalf of the Board
COMMITTEE BAY RESOURCES LTD
/s/ ”John Williamson”
P.Geol., President

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