Nebu to Commence Drilling at its Beehive Property, in the Prolific Timmins Gold Camp

Nebu (TSX VENTURE:NBU) is pleased to announce a diamond drill program on its
strategic, high priority Beehive Property in Ogden and Deloro Township, near
Timmins Ontario.


The Beehive Property (the "Property") consists of 11 patented mining units in
the Timmins Mining Camp for a total of approximately 440 acres.


The property lies immediately to the north of the Nabob (Kennilworth) mine which
operated between 1932 and 1964 producing just over 50,000 ounces of gold and is
reported to still host a resource of 135,500 tons grading 0.25 ounces gold per
ton in the North Zone and 600,000 tons grading 0.20 ounces gold per ton in the
South Zone.


The McEnaney Mine to the west of Beehive was also known as the Hollinger Reserve
Property. The 200 foot shaft was completed between 1911 and 1914. The property
is reported to host some 170,000 tons of ore of variable grade to the 300 foot
level.


The 3000-meter program is intended to explore the potential for the
south-western portion of the property to host the extension of the gold
mineralized zone extending from the southeast at the Naybob Mine currently being
explored by Metals Creek and Goldcorp. The secondary target is to explore the
potential along strike from the historic Desantis and McEnaney gold mines
located to the west of the west boundary of the Beehive property.


Subsequent to entering into the option agreement, the Company discovered that
the property had been optioned by Hemlo Gold Mines in the 1980's that resulted
in the discovery of what became known as the Border Gold Zone apparently
discovered in 1984.


"Available reports and drill logs from the Hemlo exploration work show the
evidence of very strong alteration and warrants further exploration", commented
Bruce Durham, P.Geo and the Qualified Person for the Company.


In addition, Nebu's analysis of the prior exploration programs has concluded the
following:


- Very little of the Hemlo Gold drilling targeted the north-westerly strike
extension of the Naybob Mine gold zone on the Morin property;


- None of the Hemlo Gold drilling targeted the down-dip extension of the Naybob
Mine gold mineralization on the Morin property;


- Only one hole was drilled in the general vicinity of the interpreted location
of the easterly extension of the Desantis and McEnaney gold mine horizons.


Nearby Activity

- Diamond drilling is currently underway on the Desantis Mine by Lateegra, 1800
meters due west of the Morin property west boundary.


- The McEnaney shaft is located only 500 meters to the west of the Morin west
boundary.


- Metals Creek, on their website, report non 43-101 resources at the Desantis
Mine as being 405,000 T @ 5.29 g/t and at the McEnaney as being 190,000 T @
5g/t.


- At the Naybob Mine which Metals Creek holds under option from Goldcorp they
report non 43-101 resources as 1MT @0.129 oz/t. Metals Creek has also announced
the results of drill holes drilled very close to their mutual boundary with the
Company that include assays up to 7.47 g/t gold over 1.0 meters. The Company
believes the strike extension of this mineralization trends onto the Beehive
property and remains completely unexplored.


Other Nebu Exploration Activity

The Company also reports that the balance of the holes drilled on the South
Denton and Bonanza properties yielded no significant assays.


About Nebu

Nebu Resources Inc. is a junior exploration company focused on gold exploration
in Ontario, Canada, in 3 specific and distinct areas: West Timmins, Quest Lake
in the Thunder Bay mining district and Burntbush, Ontario, exploring the Ontario
extension of the Casa Berardi Deformation Zone. Nebu's shares are listed for
trading on the TSX Venture Exchange under the symbol NBU.V. Nebu currently has
50,998,976 common shares issued and outstanding.


Mr. Bruce Durham P.Geo, a Qualified Person, is the Company's Qualified Person
(QP) and is the non-independent Qualified Person responsible for the information
contained in this press release. The Qualified Person is experienced in all
aspects of the work completed, has visited the project site, examined the drill
core samples reported and has verified that the reported results meet the
Company's quality control standards. All technical data contained in this
release is of a historical nature and as such should not be unduly relied upon.