NVI Novra Technologies Inc

Conquest Resources Limited (TSX VENTURE:CQR) announces that it has amended a
previously executed letter agreement with Detour Gold Corporation ("Detour
Gold") pursuant to which Detour Gold will purchase Conquest's interest in the
Aurora Property and will have an option to acquire a 50% interest in Conquest's
Sunday Lake Property.


Conquest has now entered into a separate agreement with NVI Mining Ltd. ("NVI"),
an indirect wholly-owned subsidiary of Breakwater Resources Ltd., to purchase
the remaining 40% interest that it does not already own in the Aurora and Sunday
Lake properties located in the Detour Lake area, Ontario and to purchase the 2%
net smelter royalty interest therein held by NVI. The consideration for the
acquisition from NVI is $1.0 million to be satisfied through the payment by
Conquest of $500,000 in cash and the issuance, subject to regulatory approval,
of 3,125,000 shares of Conquest.


Under the amended agreement with Detour Gold, Conquest will convey to Detour
Gold, subject to regulatory and other approvals, a 100% undivided interest in
the Aurora Property free and clear of the 2% net smelter royalty. The
consideration has been amended to a cash consideration of $2.0 million, rather
than $1.0 million, to reflect that at the time of Detour Gold's acquisition from
Conquest the Aurora Property and the Sunday Lake Property will not be subject to
the 2% net smelter royalty and that Detour Gold will not be obligated to incur
any exploration expenditures other than the Sunday Lake Expenditures (as defined
below). The consideration will still include the issuance, subject to regulatory
approval, of 100,000 shares of Detour Gold to Conquest. In addition, Detour Gold
will have an option to acquire a 50% joint venture interest in the Sunday Lake
Property by completing $1.0 million in exploration expenditures on the Sunday
Lake Property (the "Sunday Lake Expenditures") over the next two years with a
minimum of $500,000 prior to August 31, 2011. The Aurora Property and the Sunday
Lake Property each remain subject to an interest held by Prism Resources Inc.
equal to 7.5% of the net profits from the properties.


The Sunday Lake Property lies immediately east of Detour Gold's Detour Lake
Project, along the eastern extension of the Sunday Lake Deformation Zone, in
what is believed to be a prospective area of this relatively under-explored part
of the Abitibi Greenstone Belt.


The Aurora Property lies south of Detour Gold's Detour Lake Project. Detour Gold
is acquiring the Aurora Property to accommodate the infrastructure requirements
for the development of its Detour Lake mine.


COMMENT

"We are very pleased to have reached an agreement with Breakwater and a revised
agreement with Detour Gold which will be beneficial for all parties," said
Terence McKillen, President and Chief Executive of Conquest. "The amended
agreement will result in a transaction value to Conquest of approximately $4
million of which $1 million will offset the acquisition by Conquest from
Breakwater of the 40% interest in the properties that it did not previously own
as well as the purchase of the outstanding royalty interest. In addition, as
part of the agreement, Detour Gold will expend a minimum of $1 million on the
Sunday Lake Property over a two year period with a minimum of $500,000 per year.
Detour Gold's geological knowledge and expertise in the area will be invaluable
in the future exploration on the Sunday Lake Property," added Mr. McKillen.


ABOUT THE COMPANY

Conquest is exploring several gold projects in Ontario. These include the
Alexander Gold Project at Red Lake; the Aurora and Sunday Lake properties at
Detour Lake; the King Bay Gold Project at Sturgeon Lake (60% interest); and the
Smith Lake Gold Project at Missanabie.


There are 83,713,637 shares of Conquest issued and outstanding.

This news release may include certain "forward-looking statements". All
statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential mineralization,
resources and reserves, exploration results, and future plans and objectives of
Conquest, are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from Conquest's expectations are exploration risks
detailed herein and from time to time in the filings made by Conquest with
securities regulators.

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