Asia Now Resources Corp.
TSX VENTURE : NOW

Asia Now Resources Corp.

November 07, 2007 06:00 ET

Asia Now Accelerates Drill Program to Test 130-Metre-Thick Gold and Base-Metal Zone at Beiya

TORONTO, ONTARIO--(Marketwire - Nov. 7, 2007) - Asia Now Resources Corp. (TSX VENTURE:NOW) is pleased to announce that it will speed up drill testing of the mineralized zone between drill holes BYN-ZK1 and BYN-ZK4 at its Beiya North project in southwestern China, adding two rigs to the single rig already operating there.

Hole BYN-ZK4 intersected a 130-metre-thick gold and base-metal zone at Beiya North (see news release of October 29, 2007) approximately 1,200 metres southwest of Hole BYN-ZK1 which intersected 18.21 metres grading 1.12 g/t gold and 28.06 g/t silver in completely oxidized drillcore (see news release of February 23, 2007). The aim of the accelerated program is to test the continuity and grade of mineralization in the 1,200-metre zone between the two drill holes, as well as to test its extension to the north.

The Beiya North block hosts one of two major gold zones that the company has identified on the 586-sq.-km Beiya property through soil and bedrock geochemical sampling. BYN-ZK4, sited 160 metres east of Hole BYN-ZK3, is now being sampled and assayed. The accelerated program will involve 2,000 metres in five holes in addition to the previously planned 2,000 metres of drilling. The program is expected to be completed by the end of this year with assay results to follow in early 2008.

The second major gold-anomalous area on the Beiya property covers more than 12 square kilometres in the Beiya Far North block, about 12 km north of the Beiya North block, and is also currently being drilled. A total of four holes have been completed and sampled with assay results pending.

The Beiya property is located in Yunnan Province and involves two joint venture companies. Asia Now is earning a 70-88% interest in a joint venture with Yunnan Geology and Mineral Resources Company Limited and a 72-90% interest in a joint venture with Yunnan Non-Ferrous Geology and Mineral Resources Company Limited. The property is 60 km by highway north of the city of Dali, which is a 35 minute flight from Kunming, the capital city of Yunnan. There are several daily flights, a railway and a paved highway between the two cities. The Beiya property is one of two key projects the Company is exploring in China.

About Asia Now Resources:

Asia Now Resources Corp. is a mineral exploration company active in China since 2002. The Company has established offices, joint ventures and a significant network with Chinese partners. Current projects include copper, gold and silver at three major projects, with drilling underway at two of these. Under the leadership of an experienced management team, the Company has a sound balance sheet to take exploration into the next phase. For more information, please visit www.asianow.ca.

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