Anatolia Minerals Development Limited

Anatolia Minerals Development Limited

August 15, 2007 13:30 ET

Anatolia Drilling Hits in Copler New Zones and Infill

TORONTO, ONTARIO--(Marketwire - Aug. 15, 2007) - Anatolia Minerals Development Limited (TSX:ANO) ("Anatolia") is pleased to announce assay results at its 100% owned Copler Gold Project. The drill program was designed to target underlying sulfides in the Main Zone, further test new zones to the west of the Main Zone and southwest of the Marble Contact Zone, and infill drill in the Manganese Mine Zone. The map attached to this news release is posted to Anatolia's website (

To see the map please view the following link:

The current drill program began October 2006. Earlier results were announced previously (see Anatolia News Releases, dated March 28, 2007 and July 12, 2007). These latest results include 15 reverse-circulation and 10 diamond core holes aggregating 5,156 meters.

A summary of Copler drill holes with meaningful results is given below. None of these results were included in the current mine plan or resource estimate for Copler (see Anatolia News Release, dated January 18, 2007 and the Technical Report filed March 2, 2007, both available at Given the disseminated nature of the deposit, these intercepts are considered true widths.

Intercept Au
Drill Hole (Meters) Gpt Comments
CDD-146 8 3.1 Sulfide: 30-34m @ 3.2 gpt gold, 203-207m @
3.1 gpt Au
CDD-151 4 4.7 Sulfide: 152-156m
CDD-157 82 4.0 Oxide: 25-107m @ 4.0 gpt gold, incl 82-88m @
20.7 gpt Au
CRC-574 20 2.4 Oxide: 11-31m @ 2.4 gpt Au, incl 24-31m @ 6.2
gpt Au
CRC-576 10 1.3 Oxide: 62-72m
CRC-580 18 .8 Oxide: 92-106m @ .7gpt Au, 160-164m @ 1.3 gpt Au
CRC-583 50 1.4 Oxide: 41-91m
21 2.5 Sulfide: 91-112m

Manganese Mine Zone Infill Holes
CRC-589 21 5.7 Oxide: 30-51m
4 3.3 Sulfide: 68-72m
CRC-590 37 4.5 Oxide: 32-47m @ 0.4 gpt Au, 77-99m @ 7.3 gpt Au
CRC-591 30 4.3 Oxide: 69-99m
21 9.0 Sulfide: 99-120m
CRC-592 31 5.0 Oxide: 0-31m
30 5.8 Sulfide: 103-133m
CRC-593 30 12.5 Oxide: 3-15m @ 3.7 gpt Au, 42-60m @ 18.4 gpt Au
27 3.7 Sulfide: 60-68m @ 4.0 gpt Au, 80-91m @ 3.3 gpt
Au, 139-143m @ 2.9 gpt Au, 163-167m @ 4.7 gpt Au
CRC-594 31 5.6 Oxide: 45-76m
53 3.2 Sulfide: 76-129m
CRC-596 6 6.4 Oxide: 0-6m
12 5.7 Sulfide: 31-38m @ 5.8 gpt Au, 91-96m @ 5.5 gpt Au

A more detailed breakout of drilling results for all 25 drill holes is posted to our website.

Richard C. Moores, President of Anatolia, stated, "The Manganese Mine Zone continues to yield excellent, even exciting results. Infill drilling is generating better than expected thicknesses and/or grades in a number of areas, which bodes well for upcoming mining operations. Meanwhile, both the new gold zone west of the Main Zone and the southern extension of the Marble Contact Zone are filling in very well. Drilling indicates strong, near-surface oxide gold extending for hundreds of meters along strike in both new areas. Neither area is included in our current gold resource estimate and each has the potential to add to our resource base."

Mr. Moores added, "The permitting process is proceeding smoothly, as we work with consultants and Turkish regulatory authorities to ensure compliance with both Turkish requirements and international standards. We are awaiting some final engineering details from consultants to complete the process. Approval is anticipated in time for initiation of the construction process in October, as planned."

In January 2007, Anatolia made a formal decision to begin development of Copler, focusing on the near surface leachable portion of the deposit. To date, total reserves and resource are 6.3 million ozs gold. Proven and probable reserves are 2.8 million ozs gold (1.8 million ozs gold of proven reserves and 1.0 million ozs gold of probable reserves). Additional gold resources include measured and indicated oxides of 0.4 million ozs gold (0.1 million ozs gold of oxide measured resource and 0.3 million ozs gold of oxide indicated resource), inferred oxides 1.3 million ozs gold, measured and indicated sulfides of 0.7 million ozs gold (0.2 million ozs gold of sulfide measured resources and 0.5 million ozs of sulfide indicated resource), and inferred sulfides of 1.1 million ozs gold. Detailed engineering, permitting, equipment procurement, financing and other pre-construction activities are ongoing.

Anatolia currently has 82.7 million common shares issued and outstanding, 98.5 million fully diluted.

Anatolia trades on the Toronto Stock Exchange as ANO.

This news release may contain forward-looking statements in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Assays are performed by OMAC Laboratories, Ireland, and ALS-Chemex, Vancouver, BC, Canada, with quality control of sampling, preparation and assaying overseen by Anatolia, whose President, Richard C. Moores, is a "qualified

Contact Information

  • Anatolia Minerals Development Limited
    Richard C. Moores
    (303) 670-9945
    (303) 670-9947 (FAX)
    Anatolia Minerals Development Limited
    Douglas Tobler
    Chief Financial Officer
    (303) 292-1299
    303) 297-0538 (FAX)