Second high grade mineralised vein system identified at Mae Lama tungsten property - Assay values of over 7% WO(3) in drillhole



    VANCOUVER, Jan. 16 /CNW Telbec/ - Amanta Resources Ltd. TSX-V: AMH
(Amanta) is pleased to report additional positive results from the recently
completed drilling programme at the Company's Mae Lama tungsten property.
    The drilling programme was aimed at testing the extent of the main
production vein (the Mae Lama vein) at the former tungsten mine and evaluating
the potential for additional tungsten bearing vein structures throughout the
Mae Lama property. The programme has led to the identification of a second
mineralised vein system (now known as the Mae Hong Son vein system).
    Ground checking over a wide "panned concentrate" tungsten-in-soil anomaly
outlined in the 1970s by the Department of Mineral resources (DMR) reveals an
extended zone of eluvial quartz rubble covering an area of about 300 x 500
meters south of the main Mae Lama vein. Shallow pitting shows that the quartz
is related to a system of narrow veins and veinlets running approximately
parallel with the general direction of the Mae Lama vein. Panning of the
eluvial material produces abundant wolframite.
    To evaluate this quartz vein system, the company drilled 7 reconnaissance
holes, all inclined at 60 degrees N, at varying distances from the projected
western extension of the main Mae Lama vein. Several of these drill holes
encountered significant tungsten mineralization in multiple veins and
veinlets.
    Hole MLM 011, which was drilled some 500 metres to the west and
100 metres to the south of the location of the former mine workings, has
intersected a series of narrow veins, several of which are mineralised.
    The more significant mineralised veins included a 35 cm wide vein which
showed high grade tungsten mineralisation at a drilled depth of 60 metres.
Assay results for this vein gave a value of 7.6 % WO3, over the vein width.
Another intersection in this hole, approximately 5 metres above this intercept
assayed at 1.8% WO3, over one metre.
    Additionally, lower grade tungsten mineralisation, averaging 0.08% WO3,
was discovered in the hole from the surface to a depth of 8 metres and other
narrow veins were mineralised to varying degrees.
    The following table summarises some of the more significant intercepts
identified:

    
    -------------------------------------------------------------------------
    Hole no.    Depth     Easting    Northing        Intercept           %
                   (m)                             From - to (m)       WO3
    -------------------------------------------------------------------------
    PMLM007     118.6      380350     1970830     25.00 -  25.15     1.550
    -------------------------------------------------------------------------
                                                  93.00 -  94.00     0.109
    -------------------------------------------------------------------------
    PMLM008     120.2      380350     1970780     69.80 -  70.00     1.360
    -------------------------------------------------------------------------
    PMLM009     139.6      380350     1970730     91.00 -  92.00     0.338
    -------------------------------------------------------------------------
    MLM011      202.6      380300     1970780     38.00 -  39.00     0.273
    -------------------------------------------------------------------------
                                                  55.00 -  56.00     1.670
    -------------------------------------------------------------------------
                                                  61.65 -  62.00     7.615
    -------------------------------------------------------------------------
                                                 107.00 - 108.00     0.185
    -------------------------------------------------------------------------
                                                 116.00 - 117.00     0.131
    -------------------------------------------------------------------------
    MLM006-1    202.6      380300     1970780     86.00 -  86.10     1.900
    -------------------------------------------------------------------------
                                                 130.80 - 130.90     4.250
    -------------------------------------------------------------------------
    

    The intercept in Hole MLM006-1, occurs on the northern side of the main
Mae Lama vein, thus indicating that the Mae Lama vein system extends to the
north of the former production vein.
    Multiple tungsten and tin-tungsten vein systems have previously been
discovered in the south-east Asian tin-tungsten granite belt, within which the
Company's tungsten properties lie. The best known example of this is the
Hermyingyi mine in the Union of Myanmar (Burma). At this mine, close to 100
veins and veinlets were identified, of which some 40 were, at one time or
another, mined. Annual production at the mine was up to 1,500 tons of
tin-tungsten concentrates, from veins with average grades of 0.3% WO3. The
Hermyingyi mine was the world's largest producing tungsten mine in the early
20th century.
    Amanta believes that continued drilling and underground sampling is
needed to fully evaluate and understand the complete extent of the vein
system, the scope of which is now beginning to emerge. A number of adits
accessing the main Mae Lama vein and one accessing the Mae Hong Son vein have
been discovered to date. Amanta will conduct underground rehabilitation and
systematic sampling within these adits.
    Mae Lama is one of three former producing tungsten mines in northern
Thailand in which Amanta holds 100% working interests. Amanta is assessing the
potential for the early resumption of production of tungsten concentrate, from
one or more of these properties.
    Sample preparation and assays were carried out at the MAS laboratory in
Bangkok where the pulverized samples are digested with a strong three acid
attack and analyzed by ICP methods.
    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).

    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
develop mines.

    ON BEHALF OF THE BOARD OF
    AMANTA RE

SOURCES LTD. "Gerald D. Wright" Gerald D. Wright, President 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,
info@amantaresources.com, www.amantaresources.com; Renmark Financial
Communications Inc.: Barry Mire, bmire@renmarkfinancial.com; Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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