Amanta Resources Ltd.
TSX VENTURE : AMH

Amanta Resources Ltd.

September 15, 2005 12:04 ET

Amanta Successfully Completes Initial Exploration Programme at Langu Gold Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 15, 2005) - Amanta Resources Ltd. (the "Company") (TSX VENTURE:AMH) is pleased to announce the successful completion of the initial exploration programme at its Langu gold project in southern Thailand.

Following an intensive six-month field investigation programme, the characteristics and prospectivity of the Company's licence areas are much better understood and the Company has demonstrated a much larger target than was apparent at the initial stages.

The Company conducted a systematic geochemical soil sampling survey covering the Company's exploration area, along grids of 250 x 100 meter and 125 x 50 meters. This programme outlined a large elongated, six kilometre long area anomalous in gold, with values in soils up to 440 ppb.

Subsequent more detailed sampling and mapping of the anomaly over 50 x 20 meter grids returned values in soils up to 2.2g/t gold and showed that most of the anomalous values occurred over areas underlain by silicified calcareous clastic rock units. These rocks may be outcropping or their presence is indicated by extensive silicified-boulder fields.

Initially the Company focused on the high grade float and outcropping mineralized indications in the Discovery Quarry area. These included a 25 metre outcrop in a disused stibnite pit, averaging 20 g/t gold, and mineralized float in extensive tailings from earlier stibnite operations. The gold was largely contained in arsenian pyrite. Due to the large volumes of tailings and the multitude of smaller and larger waterlogged prospecting and production pits, these indications were difficult to follow up on the ground.

Limited reconnaissance drilling in the vicinity of the Discovery Quarry, at the north of the anomalous trend, intersected mainly unaltered black calcareous shale with widely disseminated pyrite, stibnite and occasional arsenian pyrite. Gold intercepts in the first four cored holes included 3.5 meters @ 2.9g/t Au and visual inspection of 5 further holes, not yet assayed, indicates additional gold bearing intercepts. However, sustained lengths of high grade gold have not yet been encountered, suggesting that the mineralisation in the Discovery Quarry area may be somewhat irregular rather than stratabound.

Mineralisation in this vicinity may occur as pods and lenses of different sizes such as the large and partially mined out lens in the quarry outcrop. The absence of any significant silica alteration may be indicative of limited size potential at this particular site.

In contrast however, the results of detailed mapping and rock sampling over the extensive anomalous gold trend discovered as a result of the systematic soil sampling survey over the exploration license area, indicate a significantly more regular and stratabound gold potential in silicified calcareous mudstones, siltstones and sandstones.

The ongoing mapping and rock sampling over these silicified areas has now enabled the Company to select a set of six priority targets. During the next four months or so, the Company plans to conduct an intensive program of detailed mapping at the 1:500 scale, rock sampling and trenching as well as geophysical work (IP/resistivity and magnetics.), over these targets. The Company proposes to follow this detailed program with a first-phase, 5000-meter core and reverse circulation drilling program, leading to resource drilling for those targets where warranted.

The attached map shows these target areas together with the identified extent of the silicified outcrop/boulder field. Most of the targets occur along the north-south strike of the anomalous gold zone, with the exception of the May target which is located on the western edge of the exploration license. The largest outcrop areas and silicified boulder fields are the Banhan and May targets.

Mapping and sampling the May target has identified a large area (750 x 250 meters) with occasional outcrop of a partially oxidized black silicified mudstone and an extensive field of siliceous boulders derived from these mudstones. When fresh, the rock is seen to be densely mineralized with tiny sulphide crystals. Outcrop samples, in which approximately 25% of the rock is still fresh, assay between 5g/t and 8g/t gold. When weathered the rock appears 'sugary-siliceous' and a composite sample of this oxidized material assayed 3.5g/t gold. Additionally, several dozen rock samples have been collected in recent weeks and assays of these samples are pending.

The Company considers the May target a high priority, and will complete further systematic rock sampling and mechanized trenching complemented by IP surveys over this target towards the end of the year.

At Banhan an area of 1500 x 300 meters is underlain by outcrop and derived boulders of a silicified siltstone/mudstone unit. The results from the detailed, 50 x 20 meter grid, soil survey showed that the whole unit is anomalous for gold. In places the rock is extremely hard and intensely silicified with disseminated needles of stibnite and other sulphides. Limited rock sampling has been done over Banhan with one select grab sample assaying at 1.2g/t gold.

Similar to the May target, Banhan will be covered by systematic rock sampling and trenching and geophysical work, mainly IP / Resistivity, in a work program that is estimated to take four months to complete.

The Banhan North and Discovery South targets appear to have much less outcrop and have been delineated mainly by soil geochemistry. The areas are characterized by extensive float and boulders of siltstone, silicified but to a lesser degree than the rocks at the May and Banhan targets. Composite grab samples at both targets however return significant gold values. Composite samples from Discovery South graded 7.2g/t, 9.4g/t and 22.5g/t gold and samples from Banhan North returned values up to 14.6g/t gold. Work planned at these two targets will rely heavily on mechanical trenching and geophysics.

The two southernmost targets, Cha and Koy, are located over an area of widespread silica-clay-pyrite alteration. Cha is a demonstrated disseminated arsenian pyrite occurrence from which samples of silty limestone returned values of 9, 6 and 5g/t gold and a sample of a quartz-calcite vein breccia with disseminated pyrite assayed 7.5g/t gold.

The Cha and Koy targets have not yet been mapped and sampled to the same detail as the other areas. This work is ongoing and is expected to be completed within the next few weeks. As and when further details and characteristics of these two targets become available, a more detailed work program will be finalised. This will likely also include trenching and geophysical coverage.

The Company believes that the extensive surface findings, especially the large lateral extents of the anomalous ground, the high gold grades in the rocks and the widespread silica alteration hold substantial promise for significant resource potential.

The Langu gold project, in southern Thailand comprises an area of 25 square kilometers, held under Special Prospecting Licences (SPLs) issued by the Thai Government. Amanta has also submitted two additional SPL Applications, contiguous to the present exploration area and covering an additional 32 square kilometers.

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's strategy is to concentrate 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

Note: To view the attached map please click on the following link: http://www.ccnmatthews.com/docs/0915amh.jpg

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

Contact Information