Newmac Resources Inc. (TSX VENTURE:NER)(FRANKFURT:N3M) is pleased to announce
that drilling continues on the Crazy Fox Molybdenum Project, favourably located
100 km North of Kamloops, British Columbia.


Assays have now been received from hole CF08-56, Assays from the hole, extend
the mineral zone over 500 m North-South. A summary of results from hole CF08-56
is as follows:




---------------------------------------------------------------------
Hole         From      To   Interval   Interval   MoS2     Mo       W
CF07-56        (m)     (m)        (m)       (ft)    (%)    (%)     (%)
---------------------------------------------------------------------
Intercept   642.0   999.0        357       1171   0.12   0.07    0.01
Including   752.4   871.0      118.6        389   0.22   0.13    0.01
Including   752.4   817.0       64.6        212   0.30   0.18   0.001
Including   801.0   817.0         16       52.5   0.83   0.50   0.001
---------------------------------------------------------------------



CF08-56 was collared 430 m south of hole CF07-41 and drilled on 255 degrees
azimuth at -75 degrees. The hole curved northwards with depth. Hole CF08-56
intersected some of the highest grade intercepts seen on the property to date.
The Company is very encouraged by these results. Additional drilling continues
to dramatically expand the known mineralized zone.


The discovery of high grade mineralization in hole CF08-56, extends known higher
grade mineralization over 500 m along strike from mineralization discovered in
CF07-41, the deep discovery hole.


Hole CF08-57 is currently being drilled from a collar 225 m South of Hole
CF08-56 (725 m south of the discovery hole CF07-41). Assays from CF08-57 will be
released as they are received.


A detailed geophysical (magnetometer) survey has now been completed, It is hoped
that it will help to determine areas of additional mineralization. The data is
currently being processed.


Hole CF07-41, (reported previously) penetrated a low angle thrust fault at
approximately 390 m (1280 feet) and encountered mineralized intrusive rocks to
the bottom of the hole at a depth of 1021 m (3349 feet). Summary results for the
hole are as follows:




---------------------------------------------------------------------
Hole         From      To   Interval   Interval   MoS2     Mo       W
CF07-41        (m)     (m)        (m)       (ft)    (%)    (%)     (%)
---------------------------------------------------------------------
Intercept   400.7   830.7        430       1410   0.17    0.1    0.01
Including   646.7   796.7        150        492   0.29   0.18    0.01
Including   708.7   756.7         48        157   0.48   0.29    0.01
Including   708.7   722.7         14         46   0.96   0.58    0.01
---------------------------------------------------------------------



CF08-47 was collared 350 m west of hole CF07-41 and drilled to the east at -80
degrees. Hole CF08-47 curved to the south as it was drilled, CF07-41 curved to
the north, the two mineralized intersections are between 90 m and 150 m apart
(reported previously).




---------------------------------------------------------------------
Hole        From       To   Interval   Interval   MoS2     Mo       W
CF08-47       (m)      (m)        (m)       (ft)    (%)    (%)     (%)
---------------------------------------------------------------------
Intercept    467      791        324       1063   0.21   0.13    0.02
Including    523      713        190        623   0.29   0.18    0.02
Including    547      619         72        236   0.41   0.25    0.02
Including    565      619         54        177   0.48   0.29    0.03
Including    565      597         32        105   0.58   0.35    0.03
---------------------------------------------------------------------



Assays were performed by Acme Analytical Laboratories Ltd. of Vancouver, B.C., a
certified facility, using a phosphoric acid leach with ICP-ES spectrometry
methods.


Technical content of this news has been reviewed by W. A. Howell, P.Geo, a
qualified person within the definitions of National Instrument 43-101.


Respectfully submitted

ON BEHALF OF THE BOARD

David Schmidt, President

This news release contains forward-looking statements within the meaning of the
"safe harbour" provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to risks and uncertainties
and other factors that may cause Newmac Resources Inc.'s results to differ
materially from expectations. These include risks relating to market
fluctuations, property performance and other risks. These forward-looking
statements speak only as of the date hereof.
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