Lakota provides update on phase I of 2008 Isambara drilling program



    LAK: TSX-V

    High-grade Gold mineralization associated with the Isambara shear

    33.88 g/t gold over 2.9 m at 200 m south of the East Target
    -----------------------------------------------------------
    and 10.51 g/t gold over 2 m between the East and Central Zone
    -------------------------------------------------------------

    TORONTO, Sept. 17 /CNW Telbec/ - Lakota Resources Inc. (LAK, TSX-V)
("Lakota" or "the Company") is pleased to provide an update on the results of
diamond drill (DD) holes and of the last reverse circulation (RC) fence in the
first phase of the 2008 drilling program on the Isambara project, located
28 km north of the Tulawaka Gold Mine in Tanzania. Lakota's joint venture
partner MDN Inc. reported on September 15th:
    Drill hole ISDD-16 intersected 108.00 g/t gold over 1 m in a wider zone
of 2.9 m grading 33.88 g/t gold. The intersection comes from the Isambara
shear 200 m south of the East Target and 70 m below an intersection of
7.67 g/t gold over 1 m in ISRC-104 (reported on August 1, 2007).
    Drill hole ISRC-233 intersected 10.51 g/t gold over 2 m and drill hole
ISRC-234 intersected 9.45 g/t gold over 1 m in the Isambara shear halfway
between the closest intersections in the Central and East Targets linking the
two mineralized zones. MDN interpretation is that the Central and East Targets
now contain continuous mineralization over 1,700 m of strike length and are
still open at depth and along strike.
    The results of these drill holes are the following:

    
               ----------------------------------------------
                  Hole       From       To   Length   Assay
                              (m)       (m)    (m)  (g/t Au)
               ----------------------------------------------
                 ISDD-13       39       41      2      1.13
               ----------------------------------------------
                               43       46      3      1.76
               ----------------------------------------------
                             71.55      73    1.45     1.23
               ----------------------------------------------
                             88.25    89.45    1.2     4.04
               ----------------------------------------------
                 ISDD-15     154.9     156     1.1     4.27
               ----------------------------------------------
                 ISDD-16       71       72      1      1.38
               ----------------------------------------------
                              94.1      97     2.9    33.88
               ----------------------------------------------
                including     94.1      95     0.9   108.00
               ----------------------------------------------
                 ISDD-17       25       29      4      1.13
               ----------------------------------------------
                              144     144.5    0.5     1.97
               ----------------------------------------------
                 ISDD-18       59       60      1      7.90
               ----------------------------------------------
                 ISDD-20       37     37.80   0.80     1.11
               ----------------------------------------------
                             80.45    81.00   0.55     3.65
               ----------------------------------------------
                               98       99      1      4.07
               ----------------------------------------------
                            129.73   130.23    0.5     1.44
               ----------------------------------------------
                 ISDD-21       47       50      3      1.24
               ----------------------------------------------
                 ISDD-22       44       46      2      1.22
               ----------------------------------------------
                 ISRC-233      59       61      2     10.51
               ----------------------------------------------
                 ISRC-234      22       23      1      9.45
               ----------------------------------------------
                              107      110      3      1.57
               ----------------------------------------------
    

    MDN commented that 'these impressive results confirm additional gold
mineralization along the Isambara shear and its attractiveness'.
    The objective of the 2008 diamond drilling program was to follow-up and
understand the geological controls of various RC intersections outside the
East Target. The 10 diamond drill holes, totalling 1,817.60 m, were drilled in
the south of the licensed area, primarily on mineralized satellite structures
to the Isambara shear. The last fence, of the first phase, of the RC drill
program was comprised of six holes totalling 593 m, drilled in a swampy area
between the East and the Central Zones that was not accessible earlier during
the rainy season.
    All samples were analyzed by fire assay at the SGS laboratories in
Tanzania, certified under international standards. A rigorous program of
analytical grade verification implemented by MDN included 12% control samples.
Technical information in this press release was verified and approved by
geologist Dominique Fournier, Ph.D., who acted as a qualified person in
accordance with NI 43-101.
    The Isambara licence is part of the Simba project, a partnership between
MDN (70%) which is the operator, Lakota Resources (15%) of Toronto, and Jope
Business Associates (15%) of Dar-es-Salaam. Isambara covers a territory of
40 km2 and is located 28 km north of the Tulawaka Gold Mine.

    About Lakota Resources Inc. and its October Drill Program

    Lakota Resources Inc. is a junior mineral exploration company. For
complete details on the Company, and its partners, management encourages
investors and interested parties to view its public documents filed on SEDAR
at www.sedar.com.
    In October, Lakota will commence an initial, 2,000 metre diamond drill
program of 12 holes at its Tanzanian, Tembo property which is contiguous to,
and six kilometres west of, Barrick's Bulyanhulu gold mine. The drill target
area has not been tested geochemically, nor drilled as Lakota did not have
access until very recently.
    The drill program will test an area of known gold mineralization over
some 400 metres of strike, to depths of approximately 150 metres, beneath
extensive artisanal surface workings where local Tanzanian miners have been
extracting gold from quartz veins for nearly 40 years. Within this test area
an east-west zone of gold-bearing quartz veins has been identified, as well as
at least four northwest-trending mineralized crossing structures. All samples
for assay will be taken by Lakota to SGS African Assay Laboratories in Mwanza,
Tanzania, for preparation and gold analysis by fire assay.

    CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

    Certain information contained in this Press Release, including any
information as to our future financial, operating or exploration performance
and other statements that express management's expectations or estimates of
future performance, constitute "Forward-Looking Statements" within the meaning
of Section 21E of the United States Securities Exchange Act of 1934, as
amended and "Forward Looking Information" within the meaning of applicable
Canadian securities legislation..
    All statements, other than statements of historical fact, are
forward-looking statements. The words "believe", "expect", "will",
"anticipate", "contemplate", "target", "plan", "continue", "budget", "may",
"intend", "estimate" and similar expressions identify forward-looking
statements. Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by management, are
inherently subject to significant business, economic and competitive
uncertainties and contingencies.
    The Company cautions the reader that such forward-looking statements
and/or forward looking information involve known and unknown risks,
uncertainties and other factors that may cause the actual financial results,
performance or achievements of the Company to be materially different from the
Company's estimated future results, performance or achievements expressed or
implied by those forward-looking statements and, the forward-looking
statements are not guarantees of future performance. These risks,
uncertainties and other factors include, but are not limited to: changes in
the worldwide price of gold, or other commodities (such as, fuel and
electricity); fluctuations in currency markets; changes in interest rates or
gold lease rates; risks arising from holding derivative instruments; ability
to successfully complete announced transactions and integrate acquired assets;
legislative, political or economic developments in the jurisdictions in which
the Company carries on business; operating or technical difficulties in
connection with exploration, development or mining activities; employee
relations; availability and increasing costs associated with exploration or
mining inputs and labour; the speculative nature of exploration and
development, including the risks of obtaining necessary licenses and permits
and diminishing quantities or grades of reserves; adverse changes in our
credit rating, contests over title to properties, particularly title to
undeveloped properties; and the risks involved in the exploration, development
and mining business. Accordingly, readers should not place undue reliance on
forward-looking statements and/or forward looking information
    The Company disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future
events or otherwise, except as required by applicable law.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    %SEDAR: 00008258E




For further information:

For further information: Ian Kennedy, President and CEO, (416) 598-7700;
Renmark Financial Communications Inc.: Jeffery Szita,
jszita@renmarkfinancial.com; Henri Perron, hperron@renmarkfinancial.com, (514)
939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com

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