Brett Receives TSX Approval of IBA and Updates Drilling Activities

Brett Resources Inc. (TSX VENTURE:BBR) is pleased to announce that the TSX
Venture Exchange has accepted for filing, documentation in connection with the
Impact and Benefits Agreement in Principle between the Company and the Fort
Frances Chiefs Secretariat (representing the following First Nations:
Couchiching, Lac La Croix, Mitaanjigaming, Naicatchewenin,
Nigigoonsiminikaaning, Rainy River and Seine River) and Lac des Mille Lacs (the
"First Nations Parties"). The agreement, as further detailed in Brett's News
Release of March 9, 2010, provides for:


1. Funding consisting of $400,000 in the first year and $250,000 thereafter to
the First Nations Parties for education and training;


2. Issuance of up to 5,000,000 shares as certain specified milestones are
achieved; and


3. The First Nations Parties will have a pre-emptive right to participate in
subsequent public offerings by the Company to maintain their then-existing
percentage equity interest.


Patrick Soares, President and CEO of Brett, stated "Once again, I wish to
reiterate that we believe that the opportunities created by the Hammond Reef
Project will continue to benefit all parties and communities in the area, and we
are pleased to have these First Nations partners with us to participate in the
future success of the project."


At Hammond Reef, seven (7) drill rigs continue to operate, four (4) are drilling
on the A Zone and three (3) are drilling on exploration targets. One of the
drills at the A Zone is completing a large diameter (PQ) core hole, to be
utilized for further metallurgical work. Assays continue to be received from the
on-going 70,000 metre drill program and will be released in batches.


About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary
mandate is the discovery, acquisition, and development of precious metals
systems, with particular expertise in Canada and Latin America. Since 2006
Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit
in Ontario where an inferred resource of 6.70 million ounces of gold, 259.4
million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne
gold cut-off has been outlined.


Patrick Soares, President & CEO