Mediterranean confirms resource mineralization extension in Tac Valley



    VANCOUVER, Dec. 5 /CNW/ - Mediterranean Resources Ltd. (TSX-V: MNR,
Frankfurt: MHM1) (the "Company") today announced drill hole results in the
T-6 Valley zone that expands the mineralization determined in the NI 43-101
compliant resource estimate announced February 7, 2007 for its Tac gold
property in northeastern Turkey.
    Results from two diamond drill holes drilled in the T-6 Valley at both
sides of the approximately 300 metre wide "gold corridor" confirm the
southwest extension of the gold and copper mineralization over an approximate
800 metre strike length from the Karsibayir zone in the northeast to the
T-6 Valley. Drill hole TD-125, drilled to a depth of 258 metres to follow up
on the high grade Au mineralization reported in the T-6 Valley towards the
west, returned 9.29 g/t Au over 2.5 metres and 0.7% Cu over 3.3 metres close
to surface and 1.5% Cu over 1.7 metres at a deeper level. Drill hole TD-126,
drilled to a depth of 245 metres to test the north extension of the T-6 Valley
mineralization, returned significant near surface high grade intercepts. These
include 4.38 g/t Au and 0.27% Cu over 6.6 metres and 3.56 g/t Au and 0.32% Cu
over 8.2 metres including 28.7 g/t Au and 2.59% Cu over 0.9 metres. The
results from these holes will serve to enhance the metal values contained in
the volume of material to be considered in the new resource estimate.
    Refer to the table below for detailed results and
http://www.medresources.ca/s/Maps.asp for a map of the Tac project area
showing the mineralized gold zones and drill hole locations.

    
    -------------------------------------------------------------------------
                    From          To      Interval         Au            Cu
    TD-125           (m)          (m)       (m)           (g/t)          (%)
    -------------------------------------------------------------------------
                     8.0         10.5         2.50         9.29         0.05
    -------------------------------------------------------------------------
       and          63.8         67.1         3.30         0.47         0.70
    -------------------------------------------------------------------------
       and         155.1        162.9         7.80         0.34         0.10
    -------------------------------------------------------------------------
       and         186.0        187.7         1.70         0.27         1.50
    -------------------------------------------------------------------------
       and         195.0        195.7         0.70         0.71         1.14
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                    From          To      Interval         Au            Cu
    TD-126           (m)          (m)       (m)           (g/t)          (%)
    -------------------------------------------------------------------------
                    32.1         33.0         0.90        15.15         0.45
    -------------------------------------------------------------------------
       and          51.6         58.2         6.60         4.38         0.27
    -------------------------------------------------------------------------
       and          74.5         85.5        11.00         0.75         0.36
    -------------------------------------------------------------------------
       and         111.0        119.2         8.20         3.56         0.32
    -------------------------------------------------------------------------
       inc         112.8        113.7         0.90        28.70         2.59
    -------------------------------------------------------------------------
    

    Approximately 7,500 metres of the 10,000 metre drill campaign have been
completed with the campaign anticipated to be completed by year's end. An
update of the NI 43-101 compliant resource estimate is expected 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 Ltd.

    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 Tac approximately
8 kilometres to the northeast of Corak. 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.
    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: Peter J. Guest, President & CEO, (604)
669-3397; Jag S. Sandhu, VP Corporate Development, (604) 306-1950;
www.medresources.ca

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