Drilling continues to expand higher grade gold zones - Intersections include 294m grading 1.31g/t AuEq(XX) and 318m grading 1.09g/t AuEq



    OTTAWA, Jan. 30 /CNW Telbec/ - San Anton Resource Corporation (SNN: TSX)
is pleased to announce the latest results from drilling of the Cerro del Gallo
gold/silver (+copper) deposit on the San Anton property in Guanajuato State,
Mexico. Significant new intersections from surface at a 0.30g/t AuEq cut-off
include 294.1m grading 1.31g/t AuEq(XX) (0.87g/t Au, 13g/t Ag, 0.10% Cu) in
hole SA-205 and 318.5m grading 1.09 g/t AuEq (0.74g/t Au, 11g/t Ag, 0.07% Cu)
in hole SA-204, both of which are open at depth, and 248.4m grading
1.06 g/t AuEq (0.71g/t Au, 12g/t Ag, 0.06% Cu) in hole SA-207. All holes were
drilled into a higher grade gold zone which was initially defined with a wide
spaced 100x100m drill pattern. It is now being drilled on a 50x50m spacing
which is indicating an increase in both grade and width, particularly on the
southern side of Cerro del Gallo.
    Gregory Bowes, President of San Anton commented that "Cerro del Gallo is
shaping up as a major new gold/silver discovery that has gone from nothing to
over 11 million ounces of gold equivalent in just 12 months of drilling to
December 2005. Drilling is now far more advanced and many of our best grades
and intersections have come in the past year. The deposit is still open
laterally and at depth, the gold rich and gold skarn zones are expanding,
copper grades are increasing to the 0.30% range to the east, and there are
many regional targets yet to drill on the broader San Anton property."

    Gold Skarn Results

    The gold skarn is a separate and distinct zone of mineralization that
lies on the southern flank of Cerro del Gallo and usually occurs within a
broader envelope of gold mineralization that is up to 200m in width and
generally higher grade than the average for the deposit. Significant gold
skarn intersections included:

    
      - 13.7m grading 2.71g/t AuEq (1.99g/t Au, 7g/t Ag, 0.26% Cu) from
        161.54m and 21.3m grading 3.75g/t AuEq (2.70g/t Au, 4g/t Ag,
        0.38% Cu) from 234.70m (both at a 0.8g/t Au cut-off) contained within
        a larger mineralized zone of 176.8m grading 1.61g/t AuEq (1.01g/t Au,
        5g/t Ag, 0.23% Cu) from 112.78m (0.3g/t AuEq cut-off) in hole SA-188.
      - 35.1m grading 2.44g/t AuEq (2.14g/t Au, 5g/t Ag, 0.09% Cu) from
        144.8m (0.3g/t AuEq cut-off) in hole SA-211.
      - 12.19m grading 2.89g/t AuEq (2.29g/t Au, 2g/t Ag, 0.25% Cu) from
        117.35m (0.8g/t Au cut-off) within a broader mineralized envelope of
        70.10m grading 1.21g/t AuEq (0.83g/t Au, 6g/t Ag, 0.12% Cu) from
        83.82m (0.3g/t AuEq cut-off) in hole SA-214.
      - 7.62m grading 1.48g/t AuEq (1.26g/t Au, 6 g/t Ag, 0.05% Cu) from
        100.58m and 6.10m grading 3.89g/t AuEq (2.70g/t Au, 4g/t Ag,
        0.49% Cu) from 111.25m (both at a 0.8g/t Au cut-off) within a larger
        mineralized zone of 99.06m grading 1.00g/t AuEq (0.70g/t Au, 3g/t Ag,
        0.11% Cu) from 85.34m (0.3g/t AuEq cut-off) in hole SA-215.

    To view the complete table of Cerro del Gallo assay results for all holes
drilled to date, please go to
www.sanantonresourcecorp.com/explorationproperties.

    New Resource Estimate

    The Cerro del Gallo deposit hosts measured and indicated resources of
225 million tonnes grading 0.81g/t AuEq (5.9Mozs AuEq) and inferred resources
of 229 million tonnes grading 0.71g/t AuEq (5.2Mozs AuEq), both based on a
0.30g/t AuEq cut-off grade. The resource estimate is based on 24,635 metres of
drilling in 110 drill holes to December 16, 2005. Over 62,000m of infill and
expansion drilling has now been completed on the deposit and a new resource
estimate will be prepared in the first quarter of 2007.
    SGS Lakefield Oretest (Perth, Australia) has completed comprehensive
metallurgical test work on approximately 1500 kgs of HQ core from the Cerro
del Gallo Deposit and a report on the results is expected in four to six
weeks.

    Regional Exploration

    The San Anton property was consolidated under one owner in 2004 and only
in the period since has it been subjected to modern exploration. This process
very quickly identified over 20 high quality, intrusive, skarn and epithermal
vein-breccia exploration targets. The first of these to be drilled was Cerro
del Gallo. Work has now also commenced on other regional targets. A four hole
drill program has been completed on the La Empalizada target on the 3+ km
Carmen-Providencia epithermal vein system where two holes drilled by a
previous owner returned 23.8gAu/t and 1507gAg/t over 9.25m and 8.8gAu/t and
643gAg/t over 10.9m. At the Espiritu Santos prospect, located 2 km to the
south along the same vein system in an area characterized by widespread, small
scale local workings and high grade values from rock chip sampling, a program
of soil geochemistry was completed in December 2006 and the drilling of four
holes is underway. Assay results from both the La Empalizada and Espiritu
Santos drill programs are expected in February.

    (XX)Au equivalent (AuEq) has been calculated as Au + (Ag/60) + (Cu X 2.3).
Metallurgical recoveries and smelter returns have been assumed at 100%)

                           CERRO DEL GALLO DEPOSIT
           SUMMARY OF DRILL INTERSECTIONS AT 0.30g/t AuEq Cut-off
                           and >10m, >0.50g/t AuEq

    -------------------------------------------------------------------------
                               Inter-     Au      Ag            AuEq     Com-
    HOLE ID  From (m)  To (m) val (m)   (g/t)   (g/t)  Cu (%)   (g/t)  ments
    -------------------------------------------------------------------------
    SA-202      0.00  248.41  248.41    0.53      14    0.08    0.93    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-204      0.00  318.52  318.52    0.74      11    0.07    1.09    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-205      0.00  294.13  294.13    0.87      13    0.10    1.31    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-207      0.00  248.41  248.41    0.71      12    0.06    1.06
    SA-207    251.46  318.52   67.06    0.37      19    0.10    0.91    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-208      0.00  117.35  117.35    0.88       9    0.12    1.31
    SA-208    149.35  306.62  156.97    0.20      13    0.07    0.58    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-210      0.00   82.30   82.30    0.88      11    0.06    1.21
    SA-210     86.87  207.26  120.40    0.32       5    0.14    0.74
    SA-210    216.41  266.70   50.29    0.22      10    0.06    0.51    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-217      0.00   56.39   56.39    0.26      18    0.12    0.83
    SA-217     68.58   82.30   13.72    0.13      17    0.05    0.54
    SA-217     89.92  102.11   12.19    0.12      37    0.06    0.87
    SA-217    132.59  149.35   16.76    0.15      29    0.09    0.85
    SA-217    160.02  332.23  172.21    0.18      14    0.07    0.57    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-218      0.00  146.30  146.30    0.26      29    0.21    1.23
    SA-218    158.50  207.26   48.77    0.20      17    0.11    0.75
    SA-218    210.31  228.60   18.29    0.12      19    0.08    0.61
    -------------------------------------------------------------------------
    SA-219      0.00  172.21  172.21    0.45      27    0.11    1.15    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-221      0.00  187.45  187.45    0.26      27    0.13    0.99    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-222     77.72  175.26   97.54    0.13      24    0.13    0.83    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-223     73.15  108.20   35.05    0.02      19    0.15    0.66
    SA-223    126.49  158.50   32.00    0.09      19    0.11    0.66
    -------------------------------------------------------------------------
    SA-225      0.00  172.21  172.21    0.36      24    0.16    1.13    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-226      0.00  184.40  184.40    0.29      25    0.15    1.04    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-227      0.00   92.96   92.96    0.18      28    0.20    1.12
    SA-227     96.01  211.84  115.82    0.21      22    0.11    0.84    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-228      0.00  160.02  160.02    0.12      31    0.22    1.15
    SA-228    163.07  184.40   21.34    0.09      37    0.22    1.22    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-233      0.00   30.48   30.48    0.23      30    0.08    0.91
    SA-233     35.05  205.74  170.69    0.20      24    0.17    0.99    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-236      0.00   18.29   18.29    0.02      13    0.11    0.50
    SA-236     21.34  169.16  147.83    0.12      17    0.14    0.73    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-237      0.00  193.55  193.55    0.13      30    0.32    1.35    Open
                                                                    at depth
    -------------------------------------------------------------------------


                               GOLD SKARN ZONE
         SIGNIFICANT SKARN INTERSECTIONS AT 0.80g/t Au Cut-off, >5m

    -------------------------------------------------------------------------
                                   Inter-      Au       Ag              AuEq
    HOLE ID    From (m)   To (m)  val (m)    (g/t)    (g/t)   Cu (%)    (g/t)
    -------------------------------------------------------------------------
    SA-188      161.54   175.26    13.72     1.99        7     0.26     2.71
    SA-188      182.88   188.98     6.10     2.64        4     0.35     4.49
    SA-188      234.70   256.04    21.34     2.82        4     0.38     3.75
    -------------------------------------------------------------------------
    SA-214      117.35   129.54    12.19     2.29        2     0.25     2.89
    -------------------------------------------------------------------------
    SA-215      100.58   108.20     7.62     1.26        6     0.05     1.48
    SA-215      111.25   117.35     6.10     2.70        4     0.49     3.89
    -------------------------------------------------------------------------


                               GOLD SKARN ZONE
           SUMMARY OF DRILL INTERSECTIONS AT 0.30g/t AuEq Cut-off
                           and >10m, >0.50g/t AuEq

    -------------------------------------------------------------------------
                               Inter-     Au      Ag            AuEq     Com-
    HOLE ID  From (m)  To (m) val (m)   (g/t)   (g/t)  Cu (%)   (g/t)  ments
    -------------------------------------------------------------------------
    SA-188     10.67   47.24   36.58    0.10      14    0.09    0.55
    SA-188     71.63  109.73   38.10    0.19       9    0.07    0.50
    SA-188    112.78  289.56  176.78    1.01       5    0.23    1.61    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-189    112.78  141.73   28.96    0.12      10    0.11    0.55
    SA-189    167.64  214.88   47.24    0.14      10    0.21    0.79    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-195      6.10  138.68  132.59    0.08      12    0.13    0.58
    SA-195    204.22  231.65   27.43    0.01       7    0.19    0.56
    SA-195    239.27  263.65   24.38    0.03      10    0.57    1.51    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-196     65.53   83.82   18.29    0.10       8    0.12    0.50
    SA-196    118.87  152.40   33.53    0.21       4    0.13    0.56
    SA-196    155.45  170.69   15.24    0.18      10    0.18    0.77
    -------------------------------------------------------------------------
    SA-198    131.06  190.50   59.44    0.15      14    0.14    0.70    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-200     82.30  129.54   47.24    0.15      13    0.19    0.80
    SA-200    135.64  153.92   18.29    0.04       9    0.31    0.91
    SA-200    161.54  227.08   65.53    0.13      26    0.30    1.26    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-201     24.38   35.05   10.67    0.14      14    0.12    0.60
    SA-201    147.83  167.64   19.81    0.01       6    0.21    0.58
    SA-201    172.21  214.88   42.67    0.01      14    0.44    1.25    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-211    114.30  124.97   10.67    0.17      11    0.12    0.63
    SA-211    144.78  179.83   35.05    2.14       5    0.09    2.44
    SA-211    208.79  245.36   36.58    0.39       4    0.06    0.60    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-212    109.73  126.49   16.76    0.33       8    0.13    0.76
    SA-212    141.73  187.45   45.72    0.33       2    0.06    0.50
    SA-212    190.50  233.17   42.67    0.70       5    0.05    0.90    Open
                                                                    at depth
    -------------------------------------------------------------------------
    SA-214     83.82  153.92   70.10    0.83       6    0.12    1.21
    SA-214    164.59   19.81   19.81    0.42       1    0.13    0.75
    -------------------------------------------------------------------------
    SA-215     85.34  184.40   99.06    0.70       3    0.11    1.00
    -------------------------------------------------------------------------
    


    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. HQ diamond core is assayed
in 1.0 meter intervals while 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 greater than 1.0g/t
routinely re-assayed by SGS using the gravimetric method as a check 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.

    WARNING: No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained herein. This
press 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, 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 exploration risks detailed
herein and from time to time in the filings made by San Anton with securities
regulators.




For further information:

For further information: please contact: San Anton Resource Corporation:
Gregory B. Bowes, President & CEO, (613) 729-9006; Kevin Keough, Vice
President, 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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