|Brookemont Significantly Increases Acreage in the Gaspe Bay Aluminous Clay/Rare Earth Prospect|
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 29, 2012) - Brookemont Capital Inc. ("Brookemont" or the "Company") (TSX VENTURE:BKT)(PINKSHEETS:BKTPF) wishes to announce that it has increased the acreage on its Gaspe Bay Aluminous Clay/ Rare Earth prospect. We have gone from 2234 contiguous hectares (5520 acres) to now having approximately 7600 contiguous hectares (approximately 16,500 acres). Management anticipates starting operations on this new prospect in July. The new acreage was acquired via Gestim.
Conrad Clemiss, president of the company stated, "Management is focused on building value for the shareholders of Brookemont. We have now acquired a significant land package in the Gaspe Bay region of Quebec, and we plan to become active on this new prospect as soon as possible. We have also just made arrangements to push all other cash payments on our other prospects out a year to enable the company flexibility going forward during these challenging junior market conditions. Management is optimistic about the short and long term future of Brookemont and looks forward to an active summer."
Brookemont currently has the following projects: (a) quartz mineral claims in the Yukon bordering Underworld, which was recently taken over by Kinross Gold Corporation and directly above the Coffee Discovery from Kaminak; (b) land in North Eastern Quebec prospective for REE's in close proximity to the Eldor REE prospect of Commerce Resources; (c) 63 square kilometres of land in Tanzania bordering Canaco Resources; and (d) approximately 16,500 contiguous acres prospective for aluminous clay/ rare earths in the Gaspe Bay Region of Quebec bordering Orbite Aluminae Inc.'s Grand-Vallée Deposit.
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Conrad Clemiss, President, Director
Brookemont Capital Inc.