TSX Venture Exchange: AMH
VANCOUVER, Nov. 14 /CNW Telbec/ - Amanta Resources Ltd. (TSX-V: AMH)
wishes to report that the initial exploration activities at the Company's Mae
Lama tungsten prospect continue to move forward. The initial 10-hole core
drilling programme is now well advanced, as are mapping and sampling
programmes and activities to gain access to the former working faces at the
The Company is pleased to report that it has been able to confirm the
previously reported high-grade nature of the tungsten mineralisation within
the main 'Mae Lama' quartz vein. Amanta field crews have been working to gain
access to some of the workings associated with the former production operation
at the property and have succeeded in accessing the Level 7 Adit, the last
level from which production was reported prior to the termination of mining
activity in the mid-1980's, due to the collapse of world tungsten prices.
Within the adit, Amanta geologists have observed large individual
wolframite crystals, masses of smaller crystals and other massively
mineralised patches, with one individual crystal measuring about 30 cm in
length. Wolframite is the chief ore of tungsten, often being associated with
It has been confirmed that the wolframite is not finely disseminated
throughout the quartz vein, but rather occurs as discrete high grade
mineralised areas. The production head grade for the former operation at Mae
Lama was reported to be in excess of 2% WO(3).
At this time it is uncertain how extensive the mineralised zone is. The
Company is now restoring the underground access to a safe state, to permit
channel sampling to be undertaken, to indicate potential widths and grades of
the wolframite zone. When the overall stability of this adit and others
currently being re-entered is confirmed, the Company plans to take larger bulk
samples from the main vein to better assess the potential average grades
throughout the main vein.
The core drilling programme continues to progress and Hole # 7 of the
programme is underway. Of the holes drilled to date, some are testing the
lateral and depth extensions of the main vein, while others are testing the
numerous smaller quartz veins identified throughout the property. Although
assay results are not yet available, visible wolframite crystals were evident
in two drill holes which intersected the vein some 100 m below the lowest of
the old working levels, thus indicating that the Mae Lama vein contains
tungsten mineralisation to a depth of at least 200 m. The vein appears to have
an average thickness of about 1.5 m and its extent on surface can be traced
for at least 600 m.
High grade tungsten deposits, like Mae Lama, typically occur as discrete
large crystal assemblies of wolframite within the quartz matrix, rather than
being disseminated throughout the vein. While drilling will be valuable in
establishing possible tonnage, channel and bulk sampling will offer a more
accurate method of establishing potential average grades for the deposit, as
core drilling can tend to over or under estimate grades in such high grade
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).
About Amanta Resources Ltd.
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,