05/02/2005- 2005 Drilling Program Commences

[Franko10 ™]

Kensington Resources Ltd.: 2005 Drilling Program Commences Starting With Westward Extension Of The Star Kimberlite


09:01 EDT Monday, May 02, 2005

VANCOUVER, British Columbia (Business Wire) -- Kensington Resources Ltd. (the "Company") (TSX VENTURE:KRT) is pleased to announce it has been informed by the operator, De Beers Canada Inc., that drilling of high interest targets in the south Fort a la Corne cluster commenced on April 23, 2005. Two HQ core holes (diameter of 2.5 inches or 63.5 mm) have been completed on the edge of the geophysical anomaly attributed to the Star Kimberlite.

Twenty core holes will be used to investigate the westward extent of prospective high-grade kimberlite units that recently were the subject of a successful 25,000-tonne bulk sampling program by Shore Gold Inc. The drilling pattern will extend westwards from the claim boundary line, which itself lies 35 metres east of the bulk sample shaft construction. The shaft was targeted on, or near, a deep-going vent structure that hosts a significant thickness of higher-grade kimberlite. It is anticipated that the core hole pattern will help to map the relationship of the Star Kimberlite to the geology and diamond content of Kimberlite 134.

The 2005 program forms part of a three-year Advanced Exploration and Evaluation (AE&E) program to evaluate a number of priority kimberlites in the southern part of the claims and to map a projected target of 70 million carats in-ground from several high-grade zones to a level of Inferred Resource. CDN $25.6 million will cover the cost for the first phase of the AE&E program, which will mainly consist of geological drilling and microdiamond analysis to determine the internal geology and grades of the targeted kimberlites. The Joint Venture partners have planned a total of 130 HQ core holes during the 2005 program that will be distributed over 14 bodies on individual grids of approximately 150-200 metres.

Kimberlite intervals of interest will be systematically sampled for diamond recoveries utilizing caustic dissolution methods. Diamond results will then be incorporated into grade forecasts and integrated with the geological model obtained from detailed logging of the core. Microdiamond sampling for the entire program has been budgeted for approximately 10,000 kilograms of core from the 14 kimberlites.

The drilling program is supported by a 50-person camp that will house a wide range of workers including drill crews, heavy equipment operators, kimberlite geologists, hydrologists, and environmental experts over the next six to seven months. Two Boart Longyear LF-70 hydraulic core rigs are presently operating on the north end of the Kimberlite 134/Star Extension area. A third core drill will be joining the program within a few weeks.

Brent C. Jellicoe, P.Geo. is the Qualified Person for the Company and has reviewed the technical information herein.

Kensington Resources Ltd. is an exploration and mine development company currently focused on the high potential Fort a la Corne Diamond Project in Saskatchewan. The management team includes strong technical expertise and is committed to reaching a diamond producer status for the realization of shareholder value. The Fort a la Corne Diamond Project is a joint venture among Kensington Resources Ltd. (42.245%), De Beers Canada Inc. (42.245%), Cameco Corporation (5.51%) and UEM Inc. (carried 10%). After fifteen years of exploration at Fort a la Corne, the joint venture partners are now entering into an accelerated results-driven advanced exploration and evaluation phase targeted on reaching a pre-feasibility decision in 2008. The Fort a la Corne Diamond Project includes 63 identified kimberlite bodies within the largest diamondiferous kimberlite cluster in the world.

Robert A. McCallum, President & CEO

FORM 20-F FILE #0-24980

LISTED IN STANDARD & POOR'S

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Kensington Resources Ltd. (TSX VENTURE:KRT)

Kensington Resources Ltd.
Robert A. McCallum
President & CEO
1-800-514-7859 or [phone]
Fax: [phone]
[e-mail]
OR
Kensington Resources Ltd.
Mel Gardner
Manager Investor Relations
1-800-710-6083
[e-mail]
www.kensington-resources.com