KBC Cons Beacon Resources Ltd. (Tier2)

Consolidated Beacon Resources Ltd. ("Beacon" or "the Company") (TSX-V: KBC) announces that Nomad Hydrocarbons LLC. (Nomad) (consisting of Calstar Oil and Gas Ltd. and Consolidated Beacon Ltd.) will no longer hold an interest in the San Joaquin Eastern Slopes project. Once the drilling program was completed, Nomad was found to be in default due to failure of its financial commitments to Daybreak Oil and Gas Corp. (Daybreak).

Nomad and Daybreak confirm that this Assignment of Interest and Mutual Release is in full settlement in regards to the San Joaquin Eastern Slopes project. Nomad and Daybreak also agree that the interests held by Beacon on the South East Edison and Dyer Creek leases continue to be in good standing. Beacon will continue to focus on its shared interest on the South East Edison (50% total interest to Beacon exclusively) and Dyer Creek (25% total interest to Beacon exclusively) Leases which hold targets discovered via the seismic program conducted in late 2007.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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