Bridgeport Ventures Inc. (TSX VENTURE:BPV) ("Bridgeport") is pleased to announce
that it has commenced exploration on its Rosario property located in Region III
of Chile near the mining centre of Copiapo. The program will consist of
geological mapping and sampling of existing workings. This will be followed by a
two phase 10,000 metre diamond drill program, which is scheduled to commence on
March 1st, 2010. 


Numerous distinct zones of copper-gold mineralization, covering an area of 1.4
square km, have been identified on the Rosario property by surface and
underground mine workings, hydrothermal alteration, copper showings, and
geochemical rock chip sampling. In addition, sulphide ore trucked from Rosario
to the nearby ENAMI plant over the past 18 months had a weighted average grade
of 2.05% copper and 0.79 gms/tonne gold. Dr. Matthew Gray President, president
of Resource Geosciences expressed the view that the property has the potential
to host bulk mineable copper-gold deposits in a technical report of the Rosario
property. The report was in compliance with National Instruments 43-101. 


Hugh Snyder, Chairman and CEO of Bridgeport, stated "Rosario presents an
outstanding exploration opportunity in a geological terrain, which is host to a
number of major mines. The Rosario property has never been drilled."


The planned exploration program would also cover Bridgeport's Tamara and Soesmi
properties, which are adjacent to the Rosario property. Under terms of its
agreement with the property owners, Bridgeport's subsidiary, Rio Condor
Resources S.A., can acquire 100% interest in the three properties, subject to
the royalties payable to the owners of the three properties, by paying the
vendors US$11.9 million over 4 years. Initial payments of US$387,000 have
already been made. Bridgeport continues to evaluate other property acquisition
opportunities in the area. 


Update on McCart Property

Bridgeport is also pleased to announce that a 40.7 km line cutting program on
its McCart property has been completed and that the 32 km TEM survey of the
property has commenced, the purpose of which is to locate conductive anomalies
that may be associated with nickel sulphide bodies. Further exploration activity
on the property will depend on the results of the geophysical survey, which are
expected before the end of the First Quarter 2010.


About Bridgeport Ventures

Bridgeport Ventures (TSX VENTURE:BPV) is a Canadian mineral exploration company
with operations in Latin America. Its strong technical team with local
experience has a solid record of discovery and a proven history of mining
success. Additional information on Bridgeport Ventures can be found at:
www.bridgeportventures.net.


Potential quantity and grade are conceptual in nature. To date, there has been
insufficient exploration drilling to define a mineral resource on the properties
referenced above, and it is uncertain if further exploration drilling will
result in a mineral resource being defined in this area.


Certain information set forth in this news release may contain forward-looking
statements that involve substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of Bridgeport, including,
but not limited to, the impact of general economic conditions, industry
conditions, volatility of commodity prices, risks associated with the
uncertainty of exploration results and estimates, currency fluctuations,
dependence upon regulatory approvals, the uncertainty of obtaining additional
financing and exploration risk. Readers are cautioned that the assumptions used
in the preparation of such information, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.


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