NR 09-13

Brett Resources Inc. (TSX Venture Exchange - BBR) is pleased to announce The Fort Frances Chiefs Secretariat representing the seven First Nations of Couchiching, Lac La Croix, Mitaanjigamiing, Naicatchewenin, Nigigoonsiminikaaning, Rainy River, Seine River; the Lac des Mille Lacs First Nation and Brett Resources Inc. (Brett) have together signed an historic Memorandum of Understanding (MOU) to develop and implement an Impact Benefits Agreement (IBA).

The MOU covers exploration activities being conducted by Brett on its Hammond Reef Gold Project (The Property in north-western Ontario. The Parties as represented by the Chiefs of the First Nation communities and by representatives of Brett are committed to develop a positive relationship, which recognizes the need for all in the relationship to mutually benefit and co-exist.

Subsequent to this MOU the Parties, through a process of mutual respect, ongoing dialogue and regular interaction, wish to develop and implement an IBA to realize their objectives in a mutually beneficial manner.

The IBA will contain amongst other things provisions concerning:

• Support for mineral production within the Property;
• The relationship between the Parties and the impact and benefits of the First Nation communities and their traditional lands;
• A process which sets out the requirements of notice and consultation during the development, construction and operation phase of the Project;
• A process that will enable the affected First Nation communities to access information to satisfy themselves that mining activities which are carried out within their Traditional Territory comply with relevant federal and provincial legislation including compliance with environmental legislation;
• First Nation rights with respect to access to and maintenance of their Traditional Territory without adversely affecting Brett's continuing operations;
• The affected First Nations shall identify and inform Brett of registered traplines and "sensitive sites" having significance to the communities or individuals within the communities, within the area of exploration. Brett will avoid and protect such sites to the extent reasonably possible.
• Identify training needs and human resource capacity within the affected First Nation communities, including employment, business development, investment opportunities, and other related enterprises as both Parties may see fit to include;
• Discussions concerning the potential sources and responsible agencies to work towards the establishment of a social economic fund for the use and benefit of the First Nation communities, with funding to be related in a predictable and reasonable way to the economic scale and value of the exploitation of the resource identified in the area designated as the Property.
• A process for resolving disputes or disagreements arising out of the terms and provisions or the interpretation of the IBA.

You can also view this News Release on our website at:
http://www.brettresources.com/s/NewsReleases.asp?ReportID=362498