Anatolia provides Copler Gold project update

    TORONTO, Aug. 11 /CNW/ - Anatolia Minerals Development Limited
("Anatolia" or the "Company") (TSX: ANO) announces an update of ongoing
development activities to bring the Copler Gold Mine into production. Advances
have been made toward completing the permitting process and preparing to
mobilize for construction. Management is targeting to begin construction
mobilization during the third quarter 2008 and have first gold pour in late
2009. Production is expected to ramp up throughout 2010, with full production
capacity achieved in 2011. Full details are available in the Company's
Management Discussion and Analysis at
    After receiving approval of the environmental impact assessment ("EIA")
in April 2008, two additional significant permits remained open, namely the
operating permit and forestry permit. The operating permit was received in May
2008. The package for the forestry permit was submitted in June 2008 and is
progressing through a multi-jurisdictional review and approval process.
Presently, the forestry permit is under final review at the Turkish Ministry
of Environment and Forestry.
    Concurrent with advancing the permits, management has been preparing to
mobilize for construction. This pre-construction program has focused on
detailed engineering design, procurement of equipment and services,
infrastructure development and staffing. Engineering and procurement services
are approximately 92% complete and the contractor is ramping up personnel in
Turkey to provide construction management services. Deliveries of the
crushers, screens and conveyors started during the first quarter 2008; all
significant components are expected to be in Turkey by the end August 2008.
Key services contracts are negotiated and can be implemented as soon as the
Company is ready to mobilize for construction. Finally, required
infrastructure is under construction and Anatolia has staffed key internal
    Edward Dowling stated, "We're positioned to mobilize shortly following
receipt of the forestry permit. Once we receive this final permit, we'll do a
final 'check' review of our resources and processes, and then announce our
construction schedule. After a lot of hard work by a lot of professionals, the
Company is at an inflection point in its history."

    About Anatolia

    Anatolia Minerals is a leader among exploration and development companies
in Turkey, pursuing a disciplined strategy for growth through resource
discovery and development. The Company's 100%-owned Copler Gold Project is
among Turkey's largest undeveloped gold deposits. Anatolia is developing
Copler with a holistic approach. The Company plans a phased mine development
at Copler. Phase 1 begins with a crush-heap leach operation for the oxide
ores. Simultaneously, the Company is accelerating exploration and technical
work to generate additional gold resource and reserves for both oxide and
sulfide ores. In Phase 2, the Company plans to install milling for
higher-grade oxide ores to produce additional gold along with the initial heap
leach. Phase 3 will culminate in the development of the sulfide mineral
    Anatolia currently has 83.1 million common shares issued and outstanding,
100.5 million fully diluted. Anatolia trades on the Toronto Stock Exchange as

    Cautionary Statements

    Certain statements contained in this news release constitute
forward-looking information, future oriented financial information, or
financial outlooks (collectively "forward-looking information") within the
meaning of Canadian securities laws. Forward-looking information may relate to
this news release and other matters identified in Anatolia's public filings,
Anatolia's future outlook and anticipated events or results and, in some
cases, can be identified by terminology such as "may", "will", "could",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"projects", "predict", "potential", "continue" or other similar expressions
concerning matters that are not historical facts and include, but are not
limited in any manner to, those with respect to commodity prices, mineral
resources, mineral reserves, realization of mineral reserves, existence or
realization of mineral resource estimates, the timing and amount of future
production, the timing of construction of the proposed mine and process
facilities, capital and operating expenditures, availability of sufficient
financing, and any and all other timing, development, operational, financial,
economic, legal, regulatory, political factors that may influence future
events or conditions. Such forward-looking statements are based on a number of
material factors and assumptions, including, but not limited in any manner,
those disclosed in any other Anatolia filings, and include the ultimate
determination of mineral reserves, availability and final receipt of required
approvals, licenses and permits, sufficient working capital to develop and
operate the proposed mine, access to adequate services and supplies, commodity
prices, foreign currency exchange rates, interest rates, access to capital
markets and associated cost of funds, availability of a qualified work force,
and the ultimate ability to mine, process and sell mineral products on
economically favorable terms. While we consider these assumptions to be
reasonable based on information currently available to us, they may prove to
be incorrect. Actual results may vary from such forward-looking information
for a variety of reasons, including but not limited to risks and uncertainties
disclosed in other Anatolia filings at and other unforeseen
events or circumstances. Other than as required by law, Anatolia does not
intend, and undertakes no obligation to update any forward looking information
to reflect, among other things, new information or futures events.

For further information:

For further information: Edward Dowling, President and CEO, or Douglas
Tobler, Chief Financial Officer at (303) 292-1299 or visit

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