Mediterranean confirms west extension of mineralized zone at Corak



    VANCOUVER, Oct. 25 /CNW/ - Mediterranean Resources Ltd. (TSX-V: MNR,
Frankfurt: MHM1) (the "Company") today announced drill hole results confirming
both the west extension and gold grade potential of the 800 metre mineralized
trend of the Corak gold property held by the Company in northeastern Turkey.
    A reverse circulation drill hole, C-134, was drilled to a depth of 204
metres to test the west extension of the 800 metre mineralized trend
containing the South and Village Zones. This hole returned a near surface
interval of 4.95 g/t Au over 14 metres confirming the resource potential as
being open to the west and at depth. This combined with the results of CD-132
(reported October 16, 2007) confirm the 800 metre mineralized trend being open
along strike at both ends and at depth. Assay results from three diamond core
drill holes CD-125, CD-130 and CD-133a, drilled at an average depth of
298 metres as in-fill holes in the east extension of the 800 mineralized zone
returned significant gold, lead and zinc values which reinforce the gold and
base metal resource potential of the zone.
    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
    CD-125   (m)     To (m)    (m)     (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             99.1    106.3      7.2     0.31    4.19   0.05    0.30     1.20
    -------------------------------------------------------------------------
    and     120.0    122.7      2.7     2.02   15.14      -    0.09     0.07
    -------------------------------------------------------------------------
    and     163.4    163.7      0.3     8.56   98.80   0.48    8.12    18.45
    -------------------------------------------------------------------------
    and     184.1    184.7      0.6     0.80  123.00   2.64    6.02     7.66
    -------------------------------------------------------------------------
    and     207.0    211.3      4.3     2.76    2.97   0.06    0.36     0.50
    -------------------------------------------------------------------------
    and     221.1    226.3      5.2     0.89    8.27   0.50    0.20     4.82
    -------------------------------------------------------------------------
    and     260.9    264.6      3.7     0.51    8.39   0.02    0.69     2.71
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
            From            Interval    Au      Ag
    CD-130   (m)     To (m)    (m)     (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             36.1     36.3      0.2     1.35   22.90   0.69    5.60     4.51
    -------------------------------------------------------------------------
    and      95.8     99.8        4     0.76   49.99   0.17    0.85     3.77
    -------------------------------------------------------------------------
    and     144.8    157.8       13     1.05    4.89   0.05    0.49     0.93
    -------------------------------------------------------------------------
    and     198.1    200.2      2.1     3.60    5.84   0.03    1.04     1.89
    -------------------------------------------------------------------------
    and     236.7    237.1      0.4    10.50    7.20   0.04    0.36     0.31
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
            From            Interval    Au      Ag
    CD-133a  (m)     To (m)    (m)     (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             56.2     68.8     12.6     0.23   19.32   0.14    2.47     4.22
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
            From            Interval    Au      Ag
    CD-134   (m)     To (m)    (m)     (g/t)   (g/t)  Cu (%)  Pb (%)   Zn (%)
    -------------------------------------------------------------------------
             10.0     12.0        2     1.16    1.10   0.20    0.16     0.08
    -------------------------------------------------------------------------
    and      24.0     25.0        1     1.37    0.70      -    0.06     0.58
    -------------------------------------------------------------------------
    and      89.0     93.0        4     2.28    1.73   0.02    0.21     0.59
    -------------------------------------------------------------------------
    and     111.0    125.0       14     4.95    0.86   0.01    0.12     0.27
    -------------------------------------------------------------------------
    

    The 20,000 metre Corak drill campaign is expected to be completed by the
end of November, 2007 and a NI 43-101 compliant resource estimate completed by
February 29, 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 February 29, 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 February 29, 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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Mediterranean Resources Ltd.

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