TSX Venture Exchange: AMH
VANCOUVER, Sept. 19 /CNW Telbec/ - Amanta Resources Ltd. (Amanta)
(TSXV - AMH) continues its exploration activities at two of its properties in
Thailand; the Langu Gold property, where a 10,000 metre drilling programme is
in progress and the Mae Lama Tungsten property, where a limited initial
drilling programme started in May 2007.
Langu Gold property
The Langu Gold Property consists of four contiguous Special Exploration
Licences (SPLs) in Satun Province, southern Thailand; covering approximately
57 sq. km. Gold mineralization at Langu occurs mainly as stratiform sediment
hosted replacement style, closely associated with decalcification and partial
replacement of calcareous shale by silica.
Recent drilling at Langu has focused on the Discovery South area.
Discovery South extends for 1500 metres south of the Discovery Quarry, an
inactive stibnite quarry. The Discovery Quarry was the site of the first high
grade outcropping gold mineralization, where a channel sample recorded
20 metres at 20 g/t Au and individual high grade samples showed values of up
to 180 g/t Au. Another very large inactive stibnite pit is located at the
southern limit of the Discovery South Block. Major gold indications in this
area include a four metre trench intercept at 15 g/t Au and the occurrence of
visible gold near the large stibnite pit. High grade grab samples in this same
location returned 160 g/t Au, and several other locations in the Discovery
South area also yielded high grade rock samples during initial mapping
In an earlier limited shallow reconnaissance drilling programme (up to
90 m deep) just north of the Discovery South sector in the vicinity of the
Discovery Quarry, several holes intersected mineralization. The best intercept
was in drill hole LNG 02, a 75 metre deep drill hole located between the
Discovery Quarry and the Discovery South target, which intersected a gold
mineralized interval of 2.9 g/t Au, over 3.4 metres, at a depth of
approximately 30 metres. This hole also had two other mineralized intervals,
each of 1.5 metres and grading 0.2 g/t Au.
In the most recent phase of the Langu drill program, Amanta completed
seven widely spaced inclined diamond drill holes for a total length of
1315 metres. The first few of these holes were aimed at intercepting at depth
the mineralization encountered in trenches, of which the best intercept was
4 metres at 15 g/t gold in trench Number 1.
Three holes, LNG 20, 21 and 23 were inclined at 60 degrees to the west
and intercepted gold mineralization as follows:
- LNG 20 0-3m 3 metres @ 1.9 g/t gold
12-17m 5 metres @ 0.125 g/t gold
75-76m 1 metre @ 0.3 g/t gold
- LNG 21 0-1m 1 metre @ 0.33 g/t gold
89-97m 8 metres @ 0.13 g/t gold
- LNG 23 1-2.5m 1.5 metres @ 0.20 g/t gold
181-182m 1 metre @ 0.12 g/t gold
LNG 26, a scissor hole to LNG 20, 21 and 23, inclined at 60 degrees to the
east, intercepted the following grades:
10-12m 2 metres @ 1.7 g/t gold
32-34m 2 metres @ 1.6 g/t gold.
As in the May prospect, the mineralized material is a pyrite-rich
brecciated silicified mudstone.
LNG 25, drilled to intercept the apparent N20 degrees E trend of the
mineralization between holes LNG 02 and LNG 06 of the Discovery Quarry and the
orientation of the stibnite pit, intercepted 5 metres at 0.250 g/t gold
between 81 and 86 metres. LNG 26 is also located along this trend.
Reviewing the assay results and re-logging the relevant sections of core
is ongoing and it is readily apparent that the high grade mineralization
encountered in outcrop, also appears in the form of narrow mineralized
intervals of up to 10 centimeters wide, with grades of 15 to 20 g/t Au, in
several of the drill holes.
Follow up drilling of the Discovery South Block, planned to commence
later this year, will closely examine the 1400 metre long N20 degrees E trend
which has so far been intersected in at least four drill holes.
Mae Lama Tungsten property
Drilling at the Mae Lama tungsten property has been hampered by
prolonged, heavier than normal rainfall in northern Thailand, making access
and equipment movement difficult, together with a number of mechanical
problems with the drill rig assigned to the programme. This has caused
progress at Mae Lama to be much slower than planned.
To date, three drill holes have been completed; two in the northwest of
the property, some distance from the former production vein that was mined
until around 1985, and one in the vicinity of this vein. Assays are awaited
for these. A fourth hole, also in the vicinity of the vein, is well advanced.
With the first half of the Langu drilling program complete, the Langu
drill rig and crew have now been moved to the Mae Lama tungsten property to
accelerate the balance of the programme. Amanta intends to complete up to ten
more holes at Mae Lama over the next 6 to 8 weeks.
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
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, (604)
730-9505, Fax (604) 648-8096, firstname.lastname@example.org; Renmark Financial
Communications Inc.: Barry Mire: email@example.com; Neil Murray-Lyon:
firstname.lastname@example.org, (514) 939-3989, Fax: (514) 939-3717,