Band-Ore Terminates Shebandowan Agreement.

TORONTO -- Band-Ore Resources Ltd. (TSX:BAN) reports that it has terminated the agreement with Staccato Gold Resources Ltd. (TSX VENTURE:CAT) on 16 contiguous patented mining claims and one mineral lease located in Conacher Township within the Thunder Bay Mining Division of Northern Ontario. Staccato is in default regarding certain terms of the agreement. (See press release dated August 6, 2003).

Assay results from the November, 2004 drilling program included significant gold and zinc values (see www.band-ore.com Dec.14, 2004 and February 26, 2004 press releases). Assay results of 4.65 g/t gold and 7.5% zinc over 1.1 metres and 5.13 g/t gold over 1.5 metres were intersected in drillhole SG 04-08. A comprehensive review of all data is required before determining the next exploration programs on the property.

The Shebandowan property is located along the North Shore of Shebandowan Lake, approximately two kilometres west of the village of Shebandowan, and approximately 80 kilometres west of Thunder Bay, Ontario. The past producing Shebandowan Mine (Inco) is located approximately 10 kilometres southwest of the property. At least two known gold mineralized zones occur on the property.

The Main (No. 1) Zone, discovered in 1937, consists of sheared and altered porphyry with disseminated and stringer pyrite mineralization. Based on the drilling conducted during the period 1944 to 1947, Watts, Griffis and McQuat, in 1980, estimated a reserve of approximately 706,000 tonnes grading 6.86 g/t gold above the 500 foot level. Mattagami Lake Explorations Limited (a subsidiary of Noranda Mines Ltd.) optioned the property from Band-Ore Resources in 1980 and over the next 10 years conducted exploration programs, which consisted of I.P., Magnetic and VLF surveys, detailed geological mapping and 9,346 metres (30,655 feet) of diamond drilling. Erratic distrubition of gold mineralization discouraged Noranda from completing further work on the Main (No. 1) Zone.

The No. 4 Zone was discovered by Mattagami Lake Explorations in 1980 by routinely testing IP anomalies. The No. 4 Zone lies in the southern part of the property, 800 metres southwest of the Main (No.1) Zone and is comprised of three sub-zones termed the Telluride, Upper and Lower Zones, and consists of sheared and altered felsic to intermediate pyroclastics. Possible geological reserves for these three zones were calculated by Mattagami to be approximately 616,000 tonnes of 4.83 g/t gold and 7.71g/t silver. Subsequent drilling by Noranda from 1984 to 1990 in the No. 4 Zone has reduced the possibility of western, eastern and depth extensions of the No. 4 Zone. A review of the data by Staccato indicated there may be more potential for additional resources than indicated by the Noranda drilling.

These resource estimates for the Main (No. 1) Zone and the No. 4 Zone do not follow the required disclosure for reserves and resources as outlined in National Instrument 43-101 as they were prepared in the 1980's prior to NI 43-101. The historic resource figures generated by Mattagami (Noranda) have not been redefined to conform to the CIM approved standards as required in NI 43-101. The resource estimates have been obtained by sources believed reliable and are relevant but cannot be verified. No effort has been made to refute or confirm these estimates and they can only be described as historical estimates.

S.E.C. EXEMPTION:#82-4233

SHARES: 39,673,147

Safe Harbour - Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, to be materially different from any future results, performance or achievements expressed by such forward-looking statements. Such factors include, among others, exploration works as detailed within may not be continually successful, that by virtue of exploration there is never a guarantee of economic or profitable outcomes; that exploration companies may have a history of operating losses and no guarantee of future profitability or uncertainty of access to additional capital, environmental liability claims and insurance; dependence on and priority conflicts joint-venture partners; should the company profiled herein seek such a partner.

Band-Ore Resources Ltd. (TSX:BAN)