Amanta Resources Ltd.
TSX VENTURE : AMH

Amanta Resources Ltd.

May 17, 2006 13:27 ET

Amanta Resources Ltd.: Langu Gold Project Pre-Drilling Exploration Programmes Nearing Completion

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 17, 2006) - Amanta Resources Ltd. (the "Company") (TSX VENTURE:AMH) is pleased to report that the field activities comprising the second Phase of its exploration and development programs are nearing completion. The Company plans to begin the third Phase, a drilling programme of up to 5,000 meters, shortly after the completion of Phase 2.

Phase 1

During the first phase of the Langu project, geological mapping, closely-spaced systematic surface soil sampling and assaying programmes led to the identification of a strongly anomalous gold trend extending for some six kilometers, in a north-south direction. Based on these results Amanta identified six priority target areas for further evaluation.

Phase 2

Phase 2 includes an extensive trenching programme over these target areas, together with detailed I.P. surveys followed by an airborne magnetic survey.

Trenching

The trenching programme included 3000 meters of trenches over the target areas. Trenches were excavated by backhoe to a depth of about two meters. In many areas, deep overburden exists and trenches did not expose bedrock. In those areas where bedrock was exposed, several significant intersections were encountered, including an intersection of 21 meters @ 1.8g/t Au in trench 1 of the May prospect and 7 meters @ 8.8g/t Au in trench 2 of the Discovery South area.

Follow up trenching in the May prospect showed similarly mineralized sections in trenches east and west of trench 1, delineating a 55 meter wide mineralized zone. Typically the mineralization consists of finely disseminated sulphides in strongly silicified mudstones.

Trenching across the wide silicified zones of the Banhan prospect returns intercepts of several tens of meters grading between 0.3 and 0.6 g/t Au, suggesting that a moderately but consistently mineralized cap rock covers potentially higher grade mineralization, a situation that does not apparently exist in the May prospect where the mineralization is visible in sub outcrop.

IP Survey

In Early April, 2006 the Company began an I.P. (Induced Polarization) Survey. This survey is also focused on the six priority target areas, starting with the May target area where sub outcropping sulfide mineralization with significant gold grades had earlier been located. Technicians from Khumsup Siam Co., Ltd. a Thai-based contractor, are carrying out the I.P. survey. Southern Geoscience Consultants from Perth, Australia are undertaking quality control and interpretation.

Initial gradient array measurements covered six blocks of one km2 each, the May prospect offset to the west, and five north-south oriented blocks from the Discovery quarry to the south of the Banhan prospect. This shallow looking array shows strong 30 degrees W oriented chargeability over the May prospect with an excellent correlation to the known mineralized zones.

Good chargeability anomalies also extend over the whole north-south trend of the anomalous gold zone, with the strongest responses occurring over the extensive silicified cap zone at Banhan.

The resistivity pattern, assumed to indicate zones of silicification, follows the same general north-south trend showing that the disseminated sulfide mineralization in heavily silicified rocks can indeed be identified using I.P.

Following the success of the initial gradient array survey, the Company extended the I.P. survey to include an OPD (Offset Pole-Dipole.) survey over the six target blocks. The results of this survey will allow the construction of cross sections to a depth of well over 100 meters and of a 3D model showing chargeability and resistivity patterns within the anomalous gold zone.

Amanta expects to complete the I.P. programme within the next three weeks, following which the Company plans to undertake a high-resolution, low-altitude airborne magnetic survey, as the final activity prior to planning its initial drilling strategy.

Phase 3

Phase 3 of the project, the initial drilling programme, should commence around September, 2006, subject to drill-rig availability. The initial drilling programmes will include up to 5,000 meters of core-drilling, focusing on those priority targets confirmed and developed during the Phase 2 activities.

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 RESOURCES LTD.

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.

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