TSX Venture Exchange: AMH
VANCOUVER, Feb. 5 /CNW Telbec/ - Amanta Resources Ltd. TSX-V: AMH
(Amanta) The results obtained from the recently completed reconnaissance
drilling programme at the Company's Mae Lama tungsten property have been very
encouraging and tend to corroborate the reported production grade for the
former mining operation at the property. The programme has also confirmed the
existence of a number of mineralized veins throughout the property, including
the former production vein (the Mae Lama vein) and the Mae Hong Son vein.
Results from the drilling programme included intersections, in the Mae
Lama vein, of 1.4% WO3 / 1.0 m; 1.2% WO3 / 1.0 m; 4.3% WO3 / 0.1 m; 1.9% WO3 /
0.1 m and, in the Mae Hong Son vein system, of 7.6% WO3 / 0.4 m; 1.7% WO3/
1.0 m; 1.6% WO3 / 0.2 m; and 1.36%WO3 / 0.2 m;
Drilling has shown that the former production vein contains significant
tungsten mineralisation to a depth of at least 200 m below the surface. The
vein appears to have a varying width of up to about 1.5 metres and can be
traced along its trend for over 700 metres.
During the reconnaissance programme, the Company uncovered a number of
old adits from the former mining operations at Mae Lama. These provide access
the two significant mineralized vein systems discovered, to date, on the
property and visual inspection has confirmed the high-grade nature of
wolframite mineralisation. The Company plans to rehabilitate some of some of
the old production openings in order to take channel and bulk samples of these
Amanta engaged Drill Corp Philippines, Inc., a mining consultant, to
advise on the stability of the existing adits at the property and propose a
rehabilitation plan to provide safe working conditions to permit the channel
and bulk samples to be taken from the former production veins. In December, a
Mining Engineer and a Geologist from Drill Corp., assisted by Amanta staff,
made a 3-day site visit to Mae Lama. They entered and inspected several of the
old adits and their report has now been reviewed by the Company.
The report noted that the mining method employed was conventional
Shrinkage Stoping in almost all of the exposed mining areas where traces of
excavation were evident, probably because of the existence of a "fairly
competent" roof, hanging wall and footwall in each of the adits inspected.
Water had seeped into the old workings and ponded in some areas, although
this was quite limited in extent. Timber supports had been used at certain
points along the adits and these were now deteriorated and will require
replacement. Structurally, the adits inspected are fairly competent although
there are some localised sections displaying instability, probably because of
the deterioration in the supporting timbers and accumulation of water. The
average cross section of the adits was about 2 metres wide and 2.5 metres
Adit #7 appeared to be the most developed level and the mode of entry was
through a 70 metre cross-cut, driven by conventional drilling and blasting
until the main vein was intercepted. From there on, a drift was driven on-vein
up to the present limits of the adit. The drift extended for some 350 metres.
The Report makes recommendations for the rehabilitation of the various
adits, including replacement of timber supports, dewatering and scaling of
loose rock from the roof, walls and floor of adits. Areas where some rock
instability is apparent will require additional timber support. An appropriate
ventilation system will be required, together with a pumping system to control
and remove any water seepage to the workings.
The Report also confirms that there is a strong indication that
selective, high-grade mining was practiced during the active mining
operations, concentrating on the extraction of ore at high grade sections.
Such mining was limited to the extent of the various adits, which were the
actual mining areas for the former operation. Consequently, the vast majority
of the tungsten resources within the Mae Lama and Mae Hong Son veins remain
un-mined and in situ.
The Company is pleased that there has been no major deterioration in the
stability of the various adits since the end of mining operations more than
20 years ago. Amanta will place its initial efforts on the rehabilitation of
Adit #7 and the Mae Hong Son adit. The Company is developing a formal
rehabilitation plan and will invite bids from suitably qualified companies to
undertake the work.
The channel and bulk sampling programme will commence as soon as the
adits are stabilized and additional core drilling the property is also being
planned. Mae Lama is one of three former producing tungsten mines in northern
Thailand in which Amanta holds 100% working interests. Amanta is assessing the
potential for the early resumption of production of tungsten concentrate, from
one or more of these properties.
Geological Information contained within this report has been verified by
Pieter Bakker (Director, Executive VP - Amanta Resources Ltd.). Mr. Bakker
satisfies the requirements of a Qualified Person as defined in the National
Instrument 43-101 (Standards of Disclosure for Mineral Projects).
Amanta Resources Ltd. is focused on mineral exploration, development and
production in Thailand and the Southeast Asian region. The Company
concentrates on the systematic evaluation of known mineral occurrences, rather
than "greenfields" exploration, creating early opportunities to finance and
ON BEHALF OF THE BOARD OF
"Gerald D. Wright"
Gerald D. Wright,
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News Release.
For further information:
For further information: Amanta Resources Ltd.: Patrick Cauley, Vice
President & CFO, (604) 730-9505, Fax: (604) 648-8096,
email@example.com, www.amantaresources.com; Renmark Financial
Communications Inc.: Barry Mire: firstname.lastname@example.org; Neil Murray-Lyon:
email@example.com, (514) 939-3989, Fax: (514) 939-3717,