Artha Resources Corporation

Artha Resources Corporation

April 30, 2008 11:02 ET

Artha Acquires Extensive Data on WY Project in Wyoming

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2008) - Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce that the company has recently acquired and reviewed significant historical data on its WY project located in the Shirley Basin, Wyoming. The WY project is one of four advanced properties that Artha has optioned from Energy Metals Corporation, a wholly owned subsidiary of Uranium One Inc. (TSX:UUU). Historical exploration data at WY was generated from approximately 2,200 drill holes and includes geophysical and lithological logs, reports, surveys, maps and cross sections. A few highlights from this drilling include;

Drill Hole # Intersection (top) Width (ft) % U3O8
59-0-MC63 191.5 19 0.60
66-22 200 20.5 0.16
11-128 101 30.5 0.140
11-262 C 99 33.0 0.106

Wold Nuclear Company, a previous operator of the project, explored the property in the 1970's then documented in a geological report dated September 1978 uranium resources in two separate areas on the property. In the north area a resource of 877,000 lbs U3O8 contained within 528,000 tons grading 0.083% U3O8 at a cutoff of 0.04% was estimated. While in the south area a resource of 493,000 lbs U3O8 contained within 432,000 tons grading 0.058% U3O8 using a cutoff grade of 0.03% was estimated.

Artha is not treating historical estimates at WY as current mineral resources as they have not been classified according to CIM resource categories and are non National Instrument 43-101 compliant and therefore these historical estimates should not be relied on. While there are no resources established under the current National Instrument 43-101, Artha considers the historical data to be substantial and relevant as it will be invaluable to guiding further exploration and resource definition.

A geological review of the data indicates that the WY property is highly prospective for the discovery of uranium resources. To date Artha has identified over 6000 feet of trend that remains to be drilled. In 1978 Wold Nuclear recommended a 480 hole drill program to upgrade and add additional resources, however this program wasn't initiated due to weak uranium prices at the time. States Todd McMurray Artha's President and CEO "the WY project has exceeded our expectations, the historical data is extensive, virtually complete and will enable Artha to aggressively pursue additional resources, much of which may be amenable to in-situ mining techniques."

Artha is opening a field office in Casper, Wyoming in preparation for the upcoming drill programs planned at the Clarkson Hill and WY projects. Furthermore the company reports that it has recently acquired partial drilling data and geological reports from the DCB claims and expects to be in a position to announce historical results shortly.

Artha would also like to announce that it has launched its website at where additional details on the company such as the NI 43-101 report on Clarkson Hill, bios on the management team and other related investor information can be found.

In addition, the Company has granted 217,500 incentive stock options, at an exercise price of $0.35 per share, and expire on April 30, 2013. The stock options are subject to vesting as to 25% upon issuance and 25% each six months thereafter pursuant to the Company's Stock Option Plan.

Roger Motten, P.geo is the qualified person under NI 43-101 responsible for the technical information in this news release.

Artha Resources was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team's primary goal is to build Artha into a world class uranium company, focused on the development and mining of economic deposits.

On Behalf of the Board of Directors,

Todd McMurray, President and Chief Executive Officer

NOTE: To view the map associated with this release, please click the following link:

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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