Mediterranean confirms 800 metre polymetallic mineralized trend at Corak



    VANCOUVER, Oct. 9 /CNW/ - Mediterranean Resources Ltd. (TSX-V: MNR,
Frankfurt: MHM1) (the "Company") today announced drill hole results
substantiating the presence of a potential resource along an 800 metre
mineralized trend including the South and Village Zones of the Corak gold
property held by the Company in northeastern Turkey.
    High grade gold values and significant base metal values were returned
from five reverse circulation drill holes drilled to an average depth of
175 metres in the area adjoining both the South and Village Zones. These
include 2.03 g/t Au over 18 metres including a one metre interval grading
16.0 g/t Au (C-127), 9.28 g/t Au over 4 metres (C-124), 13.05 g/t Au over one
metre (C-101), 34.94 g/t Au over 2 metres (C-106) and 3.25 g/t Au over
3 metres (C-103). All these drill holes returned intervals of sulphide
mineralization over the core lengths with grades up to 2.5% Pb and 8.0% Zn
(C-101). The presence and continuity of a near surface potential gold and base
metal resource over approximately 800 metres is confirmed when these results
are combined with the drill hole assay results reported earlier this year for
these zones.
    The historic resource potential at Corak, surmised from exploration
drilling in the South and Village Zones and soil sampling completed by a major
mining company in the early 1990s, which predates and is non-compliant with
NI 43-101, is 1.8 million tonnes averaging 10 g/t gold. As a qualified person
has not performed sufficient work to classify the historical estimate as
current mineral resources, the Company is not treating the historical estimate
as current mineral resources and the historical estimate should not be relied
upon.
    Refer to the table below for detailed results and
http://www.medresources.ca/s/Maps.asp for a map of the Corak project area
showing the mineralized zones and drill hole locations.

    
    -------------------------------------------------------------------------
             From            Interval    Au      Ag
    C-101     (m)    To (m)     (m)    (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             12.0     13.0      1.0    13.05    5.90   0.01    1.02     8.00
    -------------------------------------------------------------------------
    and      25.0     27.0      2.0     0.41    2.30    532    0.27     2.39
    -------------------------------------------------------------------------
    and      31.0     33.0      2.0     1.14    0.40      -    0.04     0.12
    -------------------------------------------------------------------------
    and     153.0    154.0      1.0     0.07    4.40   0.03    0.80     3.92
    -------------------------------------------------------------------------
    and     178.0    179.0      1.0     0.36    8.80   0.29    2.54     6.12
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             From            Interval    Au      Ag
    C-103     (m)    To (m)     (m)    (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             51.0     54.0      3.0     1.09    2.10    0.05    0.49    1.53
    -------------------------------------------------------------------------
    and      85.0     88.0      3.0     3.25    4.40    0.01    0.14    0.34
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             From            Interval    Au      Ag
    C-106     (m)    To (m)     (m)    (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             89.0     91.0      2.0    34.93    9.50    0.21    0.28    1.22
    -------------------------------------------------------------------------
    and      98.0    105.0      7.0     0.55    0.23       -    0.02    0.05
    -------------------------------------------------------------------------
    and     127.0    136.0      9.0     0.54    0.69    0.02    0.06    0.14
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             From            Interval    Au      Ag
    C-124     (m)    To (m)     (m)    (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
              0.0      2.0      2.0     1.06    9.30    0.06    1.51    0.05
    -------------------------------------------------------------------------
    and       4.0      5.0      1.0     0.02    0.60       -    0.02    1.49
    -------------------------------------------------------------------------
    and       8.0     12.0      4.0     9.28    9.68    0.02    1.67    0.15
    -------------------------------------------------------------------------
    and      32.0     33.0      1.0     4.14    0.20       -    0.05    0.08
    -------------------------------------------------------------------------
    and      57.0     61.0      4.0     0.17    3.60    0.06    0.61    1.56
    -------------------------------------------------------------------------
    and      90.0     96.0      6.0     0.13    2.52    0.14    0.22    1.09
    -------------------------------------------------------------------------
    and     103.0    105.0      2.0     0.11    2.85    0.10    0.23    1.23
    -------------------------------------------------------------------------
    and     135.0    149.0     14.0     0.68    0.55       -    0.06    0.20
    -------------------------------------------------------------------------
    and     190.0    191.0      1.0     1.00    0.90    0.01    0.15    0.33
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
             From            Interval    Au      Ag
    C-127     (m)    To (m)     (m)    (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
              3.0      4.0      1.0     0.42   14.80    0.08    1.44       -
    -------------------------------------------------------------------------
    and      23.0     25.0      2.0     1.37   16.25    0.02    0.26    0.02
    -------------------------------------------------------------------------
    and      35.0     41.0      6.0     0.81    8.75    0.34    1.60    2.91
    -------------------------------------------------------------------------
    and      52.0     70.0     18.0     2.03    3.47    0.12    0.43    1.00
    -------------------------------------------------------------------------
    inc      52.0     55.0      3.0     1.89   11.77    0.48    0.97    2.21
    -------------------------------------------------------------------------
    inc      68.0     69.0      1.0    16.00    4.80    0.12    0.37    0.60
    -------------------------------------------------------------------------
    and      89.0     90.0      1.0     0.82    4.90    0.14    1.37    2.80
    -------------------------------------------------------------------------
    and      97.0     99.0      2.0     0.84    4.55    0.14    1.12    2.27
    -------------------------------------------------------------------------
    and     117.0    118.0      1.0     0.94    1.50    0.05    0.29    1.17
    -------------------------------------------------------------------------
    

    A diamond drill rig and a reverse circulation rig continue to operate at
site. Approximately 14,600 metres of drilling has been completed at Corak of
the expanded 20,000 metre drill campaign planned. Assay results, which are
taking approximately eight weeks to be received from the time holes are
drilled and logged, are being released as they become available. The drill
campaign is expected to be completed by the end of November, 2007 and a NI
43-101 compliant resource estimate completed by March 31, 2008.
    Dr. Peter Guest is the qualified person who has reviewed the data
indicated in this news release. The ALS Chemex Vancouver laboratory is using
standard fire assay and atomic absorption methods in performing all gold and
multi-element analyses. True widths of the narrow high grade veins reported
are indeterminable at this stage.

    About Mediterranean Resources

    Mediterranean Resources Ltd. (the "Company") acquires and develops
advanced stage mineral properties of demonstrated potential. Currently the
Company is actively working on its two 100% owned properties in Turkey, Tac
and Corak, that lie along a common mineralized trend with Corak approximately
8 kilometres to the southwest of Tac. These properties experienced more than
US$4 million of exploration by a major international mining company during the
early 1990's and US$3.1 million of exploration by the Company in 2006 which
led to the Company acquiring an undivided interest in them. The Company has
also initiated ground exploration at Cevreli, approximately two kilometres to
the southwest of Tac along the common mineralized trend linking Tac and Corak.
The purpose of this is to identify drill targets for 2008 and open up a third
area of exploration along the 11 kilometre trend.
    During 2006, the Company outlined at the Tac Property a NI 43-101
compliant Indicated Resource of 773,313 ozs of gold and 34,220,429 lbs of
copper on an uncapped basis with average grades of 2.01 g/t gold and
0.13% copper at a 1.0 g/t gold cut-off. The Company is conducting a 10,000
metre drill program at Tac with the goal of updating the compliant resource
estimate by the first quarter, 2008. The Company is also carrying out a 20,000
metre drill campaign at Corak with the goal of completing a NI 43-101
compliant resource estimate also by the end of the first quarter, 2008. Please
visit www.medresources.ca for additional information.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.




For further information:

For further information: Dr. Peter J. Guest, President & CEO, (604)
669-3397; Jag S. Sandhu, VP Corporate Development, (604) 306-1950;
www.medresources.ca

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