KBC Cons Beacon Resources Ltd. (Tier2)

Consolidated Beacon Resources Ltd. ("Beacon" or "the company") (TSX-V: KBC) announces that it has entered into an agreement, subject to formal documentation, with Stealth Energy Inc. on approximately 40,000 acres of natural gas leases in Stillwater County, Montana.

Stealth Energy has selected drill locations and will incur all mobilization and demobilization charges. Beacon has committed to an initial three well drill program and can drill up to 15 wells in total during the first phase of the agreement. If Beacon fulfils the first phase of the agreement it will have the right to drill an additional 15 wells in the second phase of the agreement for a possible total of 30 wells.

For a successful well, Beacon and Stealth Energy have agreed to enter into a Joint-Operating Agreement, in which, Stealth Energy will be the operator of the well. Beacon will first recover all cost associated with the well; thereafter the parties will split the revenue after continuing production costs on a 50/50 basis.

Stealth Energy has successfully drilled and completed 2 natural gas wells. As a result, a connecting pipeline (12 miles to SAGA main distribution line) is near completion and formal agreements for transportation (SAGA) and sale (C.I.G. / Jefferson Trading) are executed and in place. All pipeline and drill work is being carried out by Big Snowy Resources, a private company which has extensive experience and specific knowledge of Montana and specifically the "Little Basin" field and the surrounding area.

About Consolidated Beacon Resource Ltd.

Consolidated Beacon Resource Ltd. is in the business of evaluating and acquiring oil and natural gas properties for exploration and development in Canada and the United States. The Company's shares trade on the TSX Venture Exchange under the symbol KBC.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This release may contain or be deemed to contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual events or results. Readers are referred to the most recent documents filed by the Corporation on SEDAR (www.sedar.com), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Corporation undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Forward-looking statements include references to production and cash flows before and after payout.

FOR FURTHER INFORMATION ABOUT THE COMPANY, PLEASE CONTACT: Consolidated Beacon Resources Ltd. Vancouver Office Archie Boyce Director Email: archie@consolidated-beacon.com Telephone: (604) 683 5445 ext 227 or visit the Company's website at http://www.consolidated-beacon.com