Goldbrook Discovers Echo One-A New Ni-Cu-PGE Sulphide Zone; DDH ECH10-004 Intersects 6.89 metres 1.41%Ni, 1.03%Cu and 8.33 g/t P

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Goldbrook Ventures Inc. ("Goldbrook" or the "Company") (TSX VENTURE:GBK) is
pleased to announce the first results from its 2010 Raglan project diamond
drilling program. The Raglan Project located in Ungava, northern Quebec, is an
Option-Joint Venture Agreement with Jilin Jien Nickel Industry Co., Ltd. ("Jilin
Jien"), of Panshi, Jilin, China. 


Echo One Prospect

Goldbrook is pleased to announce the discovery of a significant and apparently
extensive sulphide system at the Echo One prospect located between Goldbrook's
Timtu and Bravo deposits.


The Echo Ultramafic Complex was identified as an under-explored and high
priority target during 2010 pre-season targeting. Historical trenching and
limited shallow drilling by previous operators had sampled narrow intervals of
high grade Ni-Cu-Pd sulphides associated with a strike-extensive gossan at Echo
One.


During the 2010 drilling campaign, Goldbrook completed 32 diamond drill holes
totalling 6193 metres on the Echo One prospect. These holes were drilled on
sections along the southern contact of the Echo One complex over a strike length
of 1600 metres. One hole was lost due to permafrost conditions and 31 of these
drillholes have intersected sulphide mineralization located both within, and at
the contact of, a large composite ultramafic complex. Samples from all
mineralized intervals have been submitted to ALS Laboratory Group in Vancouver
and results are pending. This release reports lab assay data for the first eight
drillholes, drilled on sections covering 450 metres strike extent of the Echo
One Complex. 


Drilling to date demonstrates a potential for a major new Ni-Cu-PGE sulphide
zone at Echo One which is approximately 5 kilometres to the west of Goldbrook's
Bravo B4 deposit and 7 kilometres to the east of Goldbrook's Timtu deposit. The
mineralized zone is exposed at surface and has been intersected beyond 200
metres vertical depth. Supporting field work at Echo One included Crone borehole
EM surveys on 22 drillholes, prospecting, structural mapping, a 25-metre spaced
ground magnetic survey and a detailed till sampling grid over the basal contact
of the Echo One mafic-ultramafic complex. 


Ongoing interpretations of the geology, geophysical responses and geochemistry
of the Echo One prospect have already indentified critical structural controls
on thicker parts of the mineralized zone and have defined preliminary drill
targets for a 2011 follow-up program. 


Highlights of the Echo One drilling assay results received to date include:



--  ECH10-001, with an inclination of -45 degrees, intersected 20% semi-
    massive sulphides over 2.71 metres from 55.13 to 57.84 metres downhole,
    with an average grade of 1.09%Ni, 0.87%Cu and 5.30 g/t PGE+Au . The
    drillhole ended in peridotite at 306 metres. 

--  ECH10-004, with an inclination of -60 degrees, intersected 30% massive
    and semi-massive sulphides over 6.89 metres from 80.00 to 86.89 metres
    downhole, with an average grade of 1.41%Ni, 1.03%Cu and 8.33 g/t PGE+Au.
    The drillhole ended in peridotite at 179 metres. 

--  ECH10-006, with an inclination of -65 degrees, intersected semi-massive
    and vein sulphides over 4.60 metres from 131.40 to 136.00 metres
    downhole, with an average grade of 0.54%Ni, 0.67 %Cu and 2.42 g/t
    PGE+Au; and a second intersection from 151 to 152 metres downhole with
    an average grade of 1.59%Ni, 1.76% Cu and 4.33 g/t PGE+Au. The
    drillhole ended in peridotite at 250 metres. 


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Table 1. Composited assay results 2010 - Echo One Prospect                 
---------------------------------------------------------------------------
                           Int-                                            
             From     To  erval   Ni   Cu   Co   Pt   Pd      Au     PGE+Au
           ----------------------------------------------------------------
                                                                      grams
Hole  Int-                                                              per
 ID  erval           metres          percent     grams per tonne      tonne
---------------------------------------------------------------------------
ECH10                                                                      
 -001    1  55.13  57.84   2.71 1.09 0.87 0.06 0.86 4.37    0.07       5.30
---------------------------------------------------------------------------
ECH10                                                                      
 -002    1 145.00 147.00   2.00 0.73 1.11 0.03 0.75 1.83    0.05       2.63
---------------------------------------------------------------------------
ECH10                                                                      
 -003    1  54.60  55.29   0.69 1.00 3.25 0.05 0.62 1.10    0.06       1.78
---------------------------------------------------------------------------
ECH10                                                                      
 -004    1  80.00  86.89   6.89 1.41 1.03 0.13 0.97 7.24    0.12       8.33
---------------------------------------------------------------------------
ECH10                                                                      
 -005    1  83.33  85.58   2.25 0.52 0.47 0.03 0.26 1.52    0.03       1.81
---------------------------------------------------------------------------
ECH10                                                                      
 -006    1 131.40 136.00   4.60 0.54 0.67 0.04 0.35 2.04    0.03       2.42
---------------------------------------------------------------------------
ECH10                                                                      
 -006    2 151.00 152.00   1.00 1.59 1.76 0.09 0.45 3.82    0.06       4.33
---------------------------------------------------------------------------
ECH10                                                                      
 -007    1 191.20 194.00   2.80 0.35 0.39 0.01 0.34 2.08    0.03       2.45
---------------------------------------------------------------------------
ECH10                                                                      
 -008    1 160.10 161.10   1.00 0.21 0.26 0.02 0.11 0.56    0.02       0.69
---------------------------------------------------------------------------
NOTE: intersections are reported as actual core lengths, true widths may be
      less than core widths depending on the angle of the hole and
      orientation of the intersection
---------------------------------------------------------------------------


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Table 2. Drillholes collar coordinates and details 2010 - Echo One Prospect
----------------------------------------------------------------------------
                                                         Length            
HOLE ID     Datum UTM Zone  Easting  Northing Elevation      (m) Dip Azimuth
----------------------------------------------------------------------------
ECH10-001 NAD1983       18 514409.4 6812424.9     434.2  306.45  -45     360
----------------------------------------------------------------------------
ECH10-002 NAD1983       18 514409.4 6812424.9     434.2  331.00  -65     360
----------------------------------------------------------------------------
ECH10-003 NAD1983       18 514734.6 6812532.7     429.4  334.00  -45     360
----------------------------------------------------------------------------
ECH10-004 NAD1983       18 514734.6 6812532.7     429.4  179.00  -60     360
----------------------------------------------------------------------------
ECH10-005 NAD1983       18 514953.2 6812562.7     429.7  185.00  -45     360
----------------------------------------------------------------------------
ECH10-006 NAD1983       18 514953.2 6812562.7     429.7  250.00  -65     360
----------------------------------------------------------------------------
ECH10-007 NAD1983       18 513499.4 6812300.4     424.9  212.00  -45     360
----------------------------------------------------------------------------
ECH10-008 NAD1983       18 513649.2 6812557.9     441.5  211.00  -45     180
----------------------------------------------------------------------------
NOTE: Elevation and length are in metres; Dip & Azimuth                    
      are in degrees                                                       
----------------------------------------------------------------------------



Analyses

Drillcore samples from the 2010 drill program were assayed by ALS Chemex
Laboratories in Vancouver, BC (ISO 17025:2005 certified). Sample preparation was
completed at the ALS Sudbury facility. Assay results for nickel, copper and
cobalt were determined by 4-acid digestion and ICP-AES finish and report total
nickel. Platinum, palladium and gold were determined by fire assay fusion and
ICP-AES finish. In addition to the ALS Chemex quality control procedures,
Goldbrook inserts Certified Reference Materials, blanks and duplicates into the
sample batches for independent quality control.


Mr. Kevin W. Wells, P.Geo. (Quebec SA# 155), General Manager, Goldbrook Ventures
is a qualified person as defined by National Instrument 43-101 and has reviewed
and verified the information contained and is responsible for the technical
content of this press 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
government rebates.


Goldbrook is a shareholder of Jien Canada Mining Ltd. ("Jien Canada") (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. The board of Jien
Canada has recently purported to approve an issuance of voting common shares of
Jien Canada that would reduce Goldbrook's percentage of voting shares, and
consequently Goldbrook's interest in the project, from 25% to 4.21%. Goldbrook
has commenced arbitration proceedings against Jilin Jien and others seeking
remedies, including declarations that the share issuance violated the terms of
the Shareholder Agreement between the parties and that Goldbrook continues to
hold 25% of the voting shares of Jien Canada. 


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 and the results of any arbitration proceedings against Jilin Jien and
others.


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.