10/21/2005- Approve Plan of Arrangement

[Franko10 ™]

Kensington Resources Securityholders Approve Plan of Arrangement with Shore Gold Inc.


14:47 EDT Friday, October 21, 2005

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 21, 2005) - Kensington Resources Ltd. (the "Company") (TSX VENTURE:KRT)(TSX VENTURE:KRT.WT) reports that its securityholders have voted overwhelmingly today to approve the Plan of Arrangement (the "Arrangement") with Shore Gold Inc. The Company confirms that the Arrangement was approved by 99.2% of the votes cast at the meeting. The completion of the Arrangement remains conditional upon the receipt of all necessary regulatory and court approvals. The application for court approval will be held on October 28, 2005 and it is anticipated that the closing of the Arrangement will also occur on October 28, 2005.

"We are very pleased to have received such strong securityholder approval to proceed with the merger," said Robert A. McCallum, President and CEO of Kensington Resources Ltd. "The merging of Kensington Resources Ltd. and Shore Gold Inc. will create a stronger platform upon which to grow our diamond-based assets. We believe that the combination of these two companies will have a tremendous impact on the economics of the Fort a la Corne region and the future potential of both the Fort a la Corne Joint Venture and the Star Kimberlite through significant development and operational synergies. With an attractive combination of near-term development of the Star Kimberlite, the large potential of the Joint Venture claims and a strong cash balance, the combined companies will be in a better position to deliver value to our shareholders."

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 have entered 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.

FORM 20-F FILE #0-24980

LISTED IN STANDARD & POOR'S

FOR FURTHER INFORMATION PLEASE CONTACT:

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