Resource Finance Announces a New Source of Chromite in the USA and Reports on the Oregon Resources Corp. Industrial Minerals Project.

HAMILTON, Bermuda -- Resource Finance & Investment Limited ("RFI") symbol (OTCBB:RFIVF) is pleased to report that its wholly owned subsidiary Oregon Resources Corporation (ORC) is proceeding with the development of a mining operation in south western Oregon. The Company recently completed and announced results from the tests on its garnet product and has now completed a major report compiled from the test procedures and results carried out on the chromite product. The tests produced overall excellent results and confirmed the unique characteristics of the ORC chromite sand compared to a South African chromite product which currently supplies 100% of the USA chromite foundry sand market.

To provide a credible comparison, between the foundry sands currently used in the metal casting industry, Oregon Resources Corporation funded an extensive study comparing the two current chromite sands, Australian zircon sand, a ceramic sand and a silica sand with the ORC chromite sand for core and casting properties. These comparisons were performed at the University of Northern Iowa, and other reputable laboratories, and include complete chemical analyses of the base mineral sands, their particle size distribution, AFS GFN, pH, ADV (acid demand value) base permeability, surface area, coefficient of angularity, bulk density, pyrometric cone equivalent values as well as photomicrographs of the individual size fractions for all of the sands evaluated. Comparisons of core tensile strengths, scratch hardness determinations, core permeability, core density and many more core sand analyses were performed. One of America's most respected foundry specialists, Daryl Hoyt, President of Foundry Sand Technology, supervised the comparison test work and authored the comprehensive report.

ORC's initial market focus has been on the chromite portion of the deposit, for use in the metal casting industry. The foundry industry has been using chromite, as specialty sand, for many years to produce high quality castings poured with various high temperature alloys of steel. The improved heat transfer characteristics of the ORC chromite can modify and improve the surface characteristics of specialty steel or iron alloys. Currently the only source of chromite used in the U.S. metal casting industry is supplied from the underground mining operations in South Africa.

An expanded presentation, of the research mentioned above, has been accepted by the American Foundry Society for publication in the AFS Transactions and presentation at the AFS Casting Congress in 2006. The abridged paper is available at the Company web site. www.resource-finance.com

It is anticipated that a 10 tph pilot plant will be in operation in the spring of 2006, producing 2.5+ tons of HMC (heavy minerals concentrate) per hour, with a full mineral sand operation, capable of processing 400,000 tons of ore per year, including the various heavy mineral constituents, in 2007. The deposit is quite extensive and consists of an unconsolidated mixture of chromite, zircon, garnet, ilmenite, magnetite and other commercially valuable minerals. Chromite and Garnet make up close to 70% of the valuable minerals in the ore. To date, based on comparison analysis and marketing due diligence, these two minerals can be placed in their respective market sectors when large scale production begins. Through the use of the latest generation of mineral separation equipment; i.e. spiral separators, high tension rolls, electrostatic separator's and rare earth magnets, these minerals can be separated into high purity minerals for various markets.

Resource Finance and Investment Ltd is involved in the development of industrial minerals and exploration for gold and base metals in North America. Operations are directed through two wholly owned subsidiaries and a majority owned entity. The majority owned entity, Cadillac West Explorations Inc, is focused on Gold exploration in the mining area of north western Quebec, Canada.

Legal Notice Regarding Forward Looking Statement

This press release contains "forward looking statements" including forward looking statements as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. Statements in this press release which are not purely historical are forward looking statements and include any statements regarding beliefs, expectation or intentions concerning the future. Forward looking statements in this press release include, but are not limited to statements regarding the Corporation's anticipation that the Mineral Claims will prove to be economically viable on a going forward basis, and the Company's anticipation that it can successfully raise the capital necessary to acquire and exploit the Mineral Claims, with or without an equity offering.

It is important to note that the Corporation's actual outcomes may differ materially from those in forward looking statements contained in this press release. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations and intentions will prove to be accurate. Readers should refer to the risks disclosures in the Company's public filings with the Securities and Exchange Commission.