James Bay Resources Starts 5,000 Metre Drilling Program on 'Ring of Fire' Property

James Bay Resources Limited (TSX VENTURE:JBR) ("James Bay" or the "Company") is
pleased to announce that the Company has begun drilling on its McFauld's Lake
'Ring of Fire' property in northern Ontario.


The initial 5,000 metre diamond drill program is focused primarily on the
Company's C and C-Extension Blocks. Drill targets have been chosen for testing
based on highly-accurate VTEM airborne surveys which indicates a large 5 km long
electromagnetic conductor on the south-eastern flank of a domal magnetic
feature. "We are going to test these conductors at depths of 100 to 200 metres,"
said Mr. Brad Leonard, P.Geo, Exploration Manager. "Drilling will target the
entire 5 km electromagnetic (EM) trend, including the strongest conductive
portions. In addition, other strong EM conductors in close proximity to the 5 km
trend will also be drill tested."


"James Bay has now advanced its exploration efforts to the drilling stage and we
anticipate reporting initial core assays over the coming weeks," said Mr.
Stephen Shefsky, President & CEO.


James Bay Resources has granted a total of 1,205,000 stock options to Directors,
Officers and Consultants with an exercise price of $0.75. All of the options
have been granted under the previously approved stock option plan, have a term
of five years, and are subject to a vesting period of two (2) years from the
date of the grant.


About James Bay Resources

James Bay is a well-financed Canadian mineral exploration company with 19,700
hectares of 95 royalty-free, 100-percent owned claims in the McFauld's Lake area
of the James Bay Lowlands. The Property is located roughly 30 kilometres
west-southwest of the "Eagle One" Ni-Cu-PGE discovery made by Noront along the
"Ring of Fire", an emerging and potentially world-class base metal camp. The
Company currently has 27,872,850 shares outstanding and trades on the TSX
Venture Exchange under the symbol "JBR". Please visit the James Bay website at
www.jamesbayresources.com.


Disclaimer

Certain statements contained in this news release may contain forward-looking
information within the meaning of Canadian securities laws. Such forward-looking
information is identified by words such as "estimates", "intends", "expects",
"believes", "may", "will" and include, without limitation, statements regarding
the company's plan of business operations (including plans for progressing
assets), estimates regarding mineral resources, projections regarding
mineralization and projected expenditures. There can be no assurance that such
statements will prove to be accurate; actual results and future events could
differ materially from such statements. Factors that could cause actual results
to differ materially include, among others, metal prices, risks inherent in the
mining industry, financing risks, labour risks, uncertainty of mineral resource
estimates, equipment and supply risks, title disputes, regulatory risks and
environmental concerns. Most of these factors are outside the control of the
company. Investors are cautioned not to put undue reliance on forward-looking
information. Except as otherwise required by applicable securities statutes or
regulation, the company expressly disclaims any intent or obligation to update
publicly forward-looking information, whether as a result of new information,
future events or otherwise.