San Anton announces initial expansion drilling results - Results include 154m grading 1.34g/t AuEq (0.49g/t Au, 29g/t Ag, 0.16% Cu)



    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
    THE UNITED STATES/

    OTTAWA, June 12 /CNW Telbec/ - San Anton Resource Corporation (SNN :TSX)
is pleased to announce initial results from the first 10 expansion reverse
circulation ("RC") holes drilled around the Cerro del Gallo deposit. Results
included 154m grading 0.49g/t gold, 29g/t silver and 0.16% copper
(1.34g/tAuEq) in hole SA-259, 52m grading 0.21g/t gold, 42g/t silver and 0.27%
copper (1.54g/t AuEq) in hole SA-260, and 87m grading 0.24g/t gold, 18g/t
silver and 0.23% copper (1.06g/t AuEq) in hole SA-275. In addition, 12 infill
RC holes were drilled within the Cerro del Gallo deposit and a number of
intersections were better than predicted by the resource model including 184m
grading 0.08g/t gold, 18g/t silver and 0.32% copper in hole SA-264, and 187m
grading 0.07g/t gold, 24g/t silver and 0.28% copper in hole SA-265. These
holes are all open at depth.
    "Results have validated the existing resource and also indicate that the
Cerro del Gallo deposit definitely extends to the east and south-east with
almost all holes drilled in these areas either expanding the resource
potential or containing intersections significantly higher than the resource
grade, although richer in silver and copper," said Gregory Bowes, President &
CEO. "These holes were drilled 50 to 150m east and southeast of the current
resource along a strike length of approximately 600m. Most of the holes remain
open at depth and therefore the deposit has still not been closed off
laterally or at depth" he added.
    Drilling was supervised by Graeme Rabone, an independent consultant, who
is a Qualified Person under National Instrument 43-101 and has reviewed and
approved the technical information in this release. RC samples are assayed in
1.52 metre intervals, at SGS in Toronto, Canada. Gold is routinely assayed
using a 30 gram sample, fire assay fusion and AAS finish with all gold values
of greater than 1.0g/t routinely re-assayed by SGS using the gravimetric
method prior to batch reporting. Silver and copper values are determined on a
2 gram sample, aqua regia-hydrofluoric acid digest and AAS finish with high
values checked using a different method. Standard reference material is
routinely inserted into the sample stream from diamond core and RC drilling at
a rate of 1 in 40 samples and sample blanks every 1 in 100 samples. Field
duplicates are inserted every 1 in 50 samples. Analytical QA/QC work is done
at a later time at another external laboratory on approximately 5% of selected
samples containing above background metal values.

    San Anton Resource Corporation is a new exploration and development
company that commenced trading Dec. 12, 2006 on the TSX. The Company's
principal asset is a 51% interest in the 237 km2 San Anton Property in Mexico
(Goldcorp 49%). The Property has only recently been subjected to modern
exploration techniques which has already lead to the identification of more
than 20 targets including the Cerro del Gallo gold-silver-copper deposit where
a gold equivalent resource exceeding 10 million ounces has been defined to
date. A US $9.7M program is underway to continue expanding the Cerro del
Gallo, complete initial engineering and metallurgical studies and drill
additional exploration targets. The current metallurgical testwork is focusing
on the relatively higher grade copper and silver zone that remains open to the
east and south-east.

    
                           Cerro del Gallo Deposit
           SIGNIFICANT INTERSECTIONS BASED ON A 0.30g/t AuEq CUTOFF

    -------------------------------------------------------------------------
    HOLE ID     From       To    Inter-    Au    Ag     Cu   AuEq    COMMENTS
                                   val   (g/t) (g/t)    (%)  (g/t)
    -------------------------------------------------------------------------
    SA-251      0.00   131.06   131.06   0.86    16   0.06   1.25      Infill
              152.40   233.17    80.77   0.80     4   0.05   0.97
    -------------------------------------------------------------------------
    SA-252      0.00   272.80   272.80   0.91     8   0.07   1.19      Infill
    -------------------------------------------------------------------------
    SA-254      0.00   278.89   278.89   0.62    12   0.06   0.95      Infill
    -------------------------------------------------------------------------
    SA-255      0.00   295.66   295.66   0.55    22   0.12   1.20      Infill
    -------------------------------------------------------------------------
    SA-256      0.00   281.94   281.94   0.29    20   0.12   0.90      Infill
    -------------------------------------------------------------------------
    SA-258      0.00   222.50   222.50   0.41    14   0.11   0.90      Infill
    -------------------------------------------------------------------------
    SA-259     30.48   184.40   153.92   0.49    29   0.16   1.34   Expansion
    -------------------------------------------------------------------------
    SA-260     48.77    80.77    32.00   0.03    34   0.19   1.05   Expansion
              103.63   155.45    51.82   0.21    42   0.27   1.54
    -------------------------------------------------------------------------
    SA-261     73.15    96.01    22.86   0.02    39   0.24   1.22   Expansion
              178.31   193.55    15.24   0.04    11   0.32   0.96
    -------------------------------------------------------------------------
    SA-262    134.11   156.97    22.86   0.02     6   0.17   0.51      Infill
              178.31   278.89   100.58   0.07     9   0.27   0.84
    -------------------------------------------------------------------------
    SA-264    115.82   300.23   184.40   0.08    18   0.32   1.11      Infill
    -------------------------------------------------------------------------
    SA-265      0.00    21.34    21.34   0.01     7   0.33   0.89      Infill
              131.06   318.52   187.45   0.07    24   0.28   1.11
    -------------------------------------------------------------------------
    SA-267    129.54   132.59     3.05   0.02     6   0.22   0.61      Infill
    -------------------------------------------------------------------------
    SA-268    103.63   131.06    27.43   0.01    16   0.24   0.84      Infill
              134.11   179.83    45.72   0.04    22   0.25   0.96
    -------------------------------------------------------------------------
    SA-269    109.73   141.73    32.00   0.02    17   0.21   0.80   Expansion
              213.36   252.98    39.62   0.05    17   0.33   1.09
    -------------------------------------------------------------------------
    SA-271    184.40   192.02     7.62   0.03    11   0.16   0.58   Expansion
              227.08   236.22     9.14   0.03    35   0.25   1.19
    -------------------------------------------------------------------------
    SA-274     18.29    77.72    59.44   0.06    11   0.15   0.59   Expansion
    -------------------------------------------------------------------------
    SA-275      1.52    88.39    86.87   0.24    18   0.23   1.06   Expansion
              109.73   137.16    27.43   0.32    18   0.14   0.95
              158.50   214.88    56.39   0.02    14   0.31   0.97
    -------------------------------------------------------------------------
    SA-277    155.45   178.31    22.86   0.02     7   0.15   0.48   Expansion
    -------------------------------------------------------------------------
    SA-279    100.58   111.25    10.67   0.02    34   0.57   1.90   Expansion
              129.54   166.12    36.58   0.01     5   0.20   0.56
              188.98   202.69    13.72   0.01     8   0.46   1.21
    -------------------------------------------------------------------------
    SA-280    100.58   167.64    67.06   0.03    25   0.26   1.04      Infill
    -------------------------------------------------------------------------
    SA-281     18.29    59.44    41.15   0.26    15   0.17   0.91   Expansion
               65.53   102.11    36.58   0.05     9   0.13   0.50
    -------------------------------------------------------------------------
    NOTE: Au equivalence ("AuEq") has been calculated as
    AuEq = Au + (Ag/60) + (Cu X 2.3). 100 per cent metallurgical
    and smelter recoveries have been assumed.
    

    The Toronto Stock Exchange has neither approved nor disapproved the
contents of this press release. This News Release includes certain
"forward-looking statements". All statements other than statements of
historical fact included in this release, including, without limitation,
statements regarding potential mineralization and reserves, exploration
results, and future plans and objectives of San Anton 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 the expectations of San Anton are detailed from time to time
in the filings made by San Anton with securities regulators.




For further information:

For further information: Gregory Bowes, President & CEO, (613) 729-9006;
Christian Del Valle, Manager, Corporate Development, (613) 729-9006; Renmark
Financial Communications Inc.: Barry Mire: bmire@renmarkfinancial.com; John
Boidman: jboidman@renmarkfinancial.com; MEDIA - Eva Jura:
ejura@renmarkfinancial.com; (514) 939-3989, FAX: (514) 939-3717,
www.renmarkfinancial.com

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SAN ANTON RESOURCE CORPORATION

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