Kria Resources

Kria Resources

June 10, 2008 10:50 ET

Kria Resources Reports Exploration Results From Ruttan Project, Manitoba

TORONTO, ONTARIO--(Marketwire - June 10, 2008) - Kria Resources today announced exploration results from its 2007-08 fall/winter drilling program at the Ruttan Mine Project located near Leaf Rapids, Manitoba. In all, Kria drilled 23 holes totaling 6,594 metres on the West Anomaly and Hanging Wall (HW) Zinc Zone of the former producing Ruttan mine during this program. Highlights include:

West Anomaly

- Hole R0711 intersected 6.65 meters grading 5.71% zinc and 0.70% copper.

- Hole R0712 intersected 19.10 metres grading 6.16% zinc and 0.41% copper, which includes 5.86 metres grading 10.30% zinc and 0.40% copper.

- Hole R0727 intersected 16.00 meters grading 5.60% zinc and 0.36% copper, which includes 4.00 meters grading 9.15% zinc and 0.20% copper.

HW Zinc Zone

- Hole R0801A intersected 9.90 meters grading 3.39% zinc and 0.17% copper and 3.90 meters grading 5.81% zinc and 0.12% copper.

Complete assay results are provided in Table 1 below. Longitudinal sections of the West Anomaly and HW Zinc Zone are shown in Figures 1 and 2 below.

A VTEM geophysical survey was completed on Ruttan in April and interpretation of the data is now underway. The results from the geophysical survey will be used to target extensions to the known mineralization. Kria expects to commence a drill program during the summer of 2008. Work on updating the resource estimate has commenced and will incorporate all of the recent drilling results.

Bore hole electromagnetic (BHEM) surveys are currently underway at Ruttan. Kria plans to utilize the results from these surveys to optimize drill targeting in the summer of 2008.

Dayle Rusk, P.Geo, Vice President of Exploration, stated, "The results from this drilling program are encouraging, and more importantly, these drill holes helped define the upper plunge area of the West Anomaly. Interesting values were intersected in the HW Zinc Zone, even though drill holes intersected the horizon above the intended target depth due to excessive shallowing of the hole inclination. Our approach at Ruttan has been to focus on areas outside the existing mineral outlines to increase the resource estimate we announced earlier this year. As well, we also hope to expand the current resource estimate with the wider intercepts in areas where information was previously limited."

About the Ruttan Project

The Ruttan Project, located 21 kilometres east of Leaf Rapids, Manitoba, is a copper-zinc sulphide orebody that was discovered in 1968. Production from the mine began in 1973 with continuous mine production for 29 years. Historical production from Ruttan has been reported to be approximately 55 million tonnes grading 1.23% copper and 1.41% zinc. Kria has the option to acquire 100% of Ruttan.

An initial National Instrument 43-101 compliant mineral resource estimate for the Ruttan Mine Project estimates inferred resources of 17.15 million tonnes grading 1.23% copper and 1.60% zinc using a 1.0% capped copper equivalent cut-off grade. This estimate does not include the results from this press release.

Quality Control

The Company employs a QA/QC protocol on all aspects of the analytical procedures. Core samples are sawn and one half of the NQ2 core is restored to the core box for future reference and the other half of the core is sent for analysis. Samples are taken in approximately 1.0 -metre intervals or less. Sample preparation was conducted at ALS Chemex facility in Thunder Bay, Ontario, Canada and assaying at their lab in Vancouver, BC. The assay method was multi-acid digest/ICP-AES and AAS techniques. A blank sample is inserted every 40th sample and standard commercially prepared samples representing a range of grades are inserted at intervals of 1 in 20 samples.

The Quality Control and all aspects of the exploration program are supervised by Kria Resources' Vice President of Exploration, Dayle Rusk, P. Geo., who is a Qualified Person as defined under National Instrument 43-101.

The technical contents of this press release have been supervised and reviewed by Steve Davies, P. Eng., Vice President Operations of Kria, and Dayle Rusk, P. Geo., Vice President Exploration of Kria, both of whom are Qualified Persons as defined under National Instrument 43-101.

About Kria Resources

Kria Resources is a private base metal exploration and development company focused on zinc, copper and nickel. Kria is working to acquire a 100% interest in the Ruttan copper-zinc sulphide project and is earning a 60% interest in the Minago River nickel-copper-platinum claims in northern Manitoba. Please visit our website at www.kriaresources.com for additional information.

Cautionary Note Regarding Forward-Looking Information This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, but is not limited to, statements with respect to the future operating performance of the Company and its projects, statements regarding exploration prospects, the identification of mineral reserves and resources, exploration expenditures, timing of future exploration, requirements for additional capital, government regulation of mining operations, title disputes or claims. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; the actual results of current exploration activities; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.



Table 1 --2007-08 Fall/Winter Diamond Drill Results

---------------------------------------------------------------------------
West Anomaly
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Drill
Hole Interval Interval Interval Au Ag
Number from (m) to (m) (m) Zn % Cu % Pb % gm/t gm/t
---------------------------------------------------------------------------
135.73 137.20 1.47 4.21 0.196 0.04 0.027 8.00
R0710 -------------------------------------------------------------------
146.00 148.00 2.00 2.44 0.380 0.91 0.344 30.50
---------------------------------------------------------------------------
---------------------------------------------------------------------------
196.76 202.22 5.46 2.58 0.354 0.33 0.144 19.38
R0711 -------------------------------------------------------------------
246.76 253.41 6.65 5.71 0.703 0.02 0.094 8.17
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0712 80.70 99.80 19.10 6.16 0.414 0.01 0.089 6.17
---------------------------------------------------------------------------
includes 83.94 90.80 5.86 10.30 0.403 0.00 0.096 5.83
---------------------------------------------------------------------------
---------------------------------------------------------------------------
87.41 89.41 2.00 4.96 1.092 0.04 0.205 16.25
R0713 -------------------------------------------------------------------
126.30 128.30 2.00 6.98 0.344 0.86 0.118 14.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0714 no intersection (overshot zone)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
211.30 211.80 0.50 1.63 0.051 0.03 0.016 1.00
-------------------------------------------------------------------
215.80 216.80 1.00 1.08 0.177 0.03 0.039 5.00
R0715 -------------------------------------------------------------------
221.40 223.40 2.00 2.56 0.625 0.02 0.064 6.50
-------------------------------------------------------------------
237.80 238.30 0.50 3.39 0.332 0.01 0.048 3.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0716 443.30 444.30 1.00 0.11 0.019 0.00 0.010 0.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
391.80 393.30 1.50 1.28 0.391 0.02 0.049 4.60
R0717 -------------------------------------------------------------------
409.60 410.60 1.00 2.27 0.565 0.04 0.099 6.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
80.00 81.00 1.00 1.18 0.322 0.98 0.149 30.00
R0718 -------------------------------------------------------------------
83.00 85.00 2.00 1.73 0.286 0.02 0.066 2.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0719 113.74 115.74 2.00 0.30 0.873 0.01 0.494 13.50
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0721 154.60 160.60 6.00 0.98 0.460 0.02 0.040 5.17
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0722 139.82 140.82 1.00 1.15 0.443 0.02 0.124 6.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0723 226.37 226.87 0.50 2.53 0.244 0.01 0.032 3.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0724 203.30 211.00 7.70 2.81 0.131 0.21 0.080 12.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
includes 203.30 205.30 2.00 7.65 0.183 0.21 0.176 19.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0725 221.28 223.60 2.32 0.59 0.918 0.13 0.203 24.31
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0727 78.85 94.85 16.00 5.60 0.359 0.02 0.073 6.19
---------------------------------------------------------------------------
---------------------------------------------------------------------------
includes 81.85 85.85 4.00 9.15 0.200 0.00 0.098 2.50
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0805 123.80 124.80 1.00 3.76 0.249 0.00 0.414 6.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
144.95 147.95 3.00 5.28 0.637 0.02 0.447 12.67
-------------------------------------------------------------------
R0806 164.50 171.50 7.00 2.62 1.398 0.01 0.323 12.57
-------------------------------------------------------------------
184.05 188.75 4.70 2.77 0.294 0.02 0.055 2.84
---------------------------------------------------------------------------
---------------------------------------------------------------------------



---------------------------------------------------------------------------
HW Zinc Zone
---------------------------------------------------------------------------
---------------------------------------------------------------------------
Drill
Hole Interval Interval Interval Au Ag
Number from (m) to (m) (m) Zn % Cu % Pb % gm/t gm/t
---------------------------------------------------------------------------
R0708D 305.81 315.12 9.31 1.12 0.040 0.67 0.090 14.80
---------------------------------------------------------------------------
---------------------------------------------------------------------------
302.30 304.53 2.23 0.36 0.020 0.06 0.030 2.35
R0709D -------------------------------------------------------------------
312.06 314.62 2.56 0.57 0.040 0.04 0.020 1.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
315.14 325.04 9.90 3.39 0.170 0.21 0.280 15.99
R0801A -------------------------------------------------------------------
338.14 342.04 3.90 5.81 0.120 0.31 0.070 9.51
---------------------------------------------------------------------------
---------------------------------------------------------------------------
379.00 380.00 1.00 0.76 0.010 1.48 0.271 41.00
-------------------------------------------------------------------
R0802 405.93 407.93 2.00 1.13 0.087 0.07 0.042 5.50
-------------------------------------------------------------------
444.50 445.50 1.00 1.31 0.029 0.83 0.155 19.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------
R0803 476.42 477.42 1.00 0.25 0.019 0.08 0.046 7.00
---------------------------------------------------------------------------
---------------------------------------------------------------------------

Mineralized intersections quoted above are core widths, which are
approximately 10% longer than true widths.


To view Figure 1 - West Anomaly Longitudinal Projection, Ruttan Mine, please visit the following link: http://media3.marketwire.com/docs/kf1.pdf.

To view Figure 2 - HW Zinc Zone Longitudinal Projection, Ruttan Mine, please visit the following link: http://media3.marketwire.com/docs/kf2.pdf.

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