La Mancha Resources Inc.
TSX : LMA

La Mancha Resources Inc.

August 05, 2009 08:34 ET

La Mancha Confirms the High Prospectivity of Its 100%-Owned Bondoukou Property

MONTREAL, QUEBEC--(Marketwire - Aug. 5, 2009) - La Mancha Resources Inc. (TSX:LMA) -

HIGHLIGHTS:

- Initial drill results confirm the potential of a 1-km long geochemical anomaly

- Another major 2-km geochemical anomaly has been outlined, associated with a possible shear zone

- Bondoukou's geological setting appears similar to the Ahafo deposit in Ghana.

BEST INTERSECTIONS INCLUDE:

- Trenches

-- T 12: 21 m @ 2.61 g Au/t, including 1m @ 7.7 g Au/t (true width: 13.5 m)

- Drill holes

-- 7.0 m @ 5.53 g Au/t at 25.2m,2 m including 1.8m @ 12.5 g Au/t

-- 8.3 m @ 2.68 g Au /t at 41.9m,9 m including 1.0m @ 14.75 g Au/t

-- 1.0 m @ 18.55 g Au/t at 17.25 m

La Mancha Resources Inc. (TSX:LMA), hereinafter "La Mancha" or "the Company") is pleased to report that early exploration results for its 100%-owned Bondoukou property in Ivory Coast are very positive, as they have A) confirmed the potential of at least two geochemical anomalies and B) established several similarities with the Ashanti belt in Ghana. Each of the eight short holes drilled to date intersected gold mineralization at grades as high as 18.55g Au/t. The full drill results are given in Table 1.

The Bondoukou property, located only 20km from the Ghanaian boarder (see Figure 1), lies along one of six northeast-southwest trending volcanic belts in the Birimian System that straddles Ghana and Ivory Coast. This prolific area hosts more than 20 known gold deposits, including Ghana's largest gold mines, such as Newmont's Ahafo mine, AngloGold Ashanti's Obuasi mine and Gold Fields' Tarkwa mine, which together have over 60 million ounces of reserves.

La Mancha's 100% interest in the Bondoukou property was acquired by COGEMA (now AREVA) in 2000 before being transferred to La Mancha in 2006. Very little work was done on the property prior to November 2008, when La Mancha initiated the current exploration program. Following the identification of the property's six main anomalies through stream sediment and large-scale geochemical soil surveying, exploration work on this 544 km2 tenement proceeded with detailed geochemical and geophysical surveying on Dakoua North, the most promising anomaly. The trenching work that followed rapidly confirmed the high prospectivity of the target and prompted the start of a preliminary drilling campaign in May 2009, for which results are being published today.

Michel Cuilhe, President and CEO of La Mancha, stated: "Since 2006, most of La Mancha's efforts have been devoted to enhancing the value of our producing assets, with little to no attention brought to our exploration properties. With the successful start of the Frog's Leg mine in 2008 and notable improvements seen at our two African properties, La Mancha is now in a good position to start demonstrating the value of its 31 exploration properties totalling more than 32,700 km2. We trust that these initial results coming out of our first true grassroots exploration program are a good indication of the Company's potential to successfully renew itself."

GEOLOGICAL BACKGROUND

As shown in Figure 2, ten trenches were dug along the 1.0km-long Dakoua North anomaly. Trenching showed that the anomaly is composed of the weathered metavulcanites and the wall rocks of lenticular quartz veins. Based on these results, a total of eight holes totalling 542 meters were drilled on Dakoua North. Six of these holes were drilled parallel to trench line #12, the most promising on the property. One hole was also drilled along each of trenches #18 and #14, until work had to be suspended due to the start of the rainy season. Seven of the eight short holes drilled intersected gold at interesting grades, therefore extending the results obtained from trenching.

Figure 3 illustrates the low dip of the structure, which intersects most of the holes perpendicularly, suggesting a true width ranging from one to eight meters.

NEXT STEPS

A second drilling campaign is scheduled to take place on the Dakoua North anomaly in November, at the end of the current rainy season. In the meantime, other anomalies identified close to Dakoua will be tested. Moreover, trenching work will start on the main anomaly of the northern part of the prospect, followed by drilling will follow before year-end if results warrant. Finally, an initial assessment of the Tarkwaian paleoplacers identified to the south of the property will take place, including detailed geochemical surveying and trenching.

TECHNICAL NOTE

The technical information in this news release was prepared under the supervision of Jean-Jacques Kachrillo, the Qualified Person under NI 43-101. Mr. Kachrillo is Vice President Exploration and a full time employee of La Mancha Resources. He has sufficient experience in the style of mineralization and type of deposit to qualify as a Qualified Person as defined in "National Instruments 43-101, Standards of Disclosure for Mineral Projects". Based on his information, Mr. Kachrillo has consented to the content of this press release in the form and context in which it appears. Mr. Kachrillo has read National Instrument 43-101 and has ensured that this press release has been written in compliance with that instrument.

The analysis of these recent samples met with all of La Mancha established Analytical Quality Assurance Program put in place to control and assure the analytical quality of assays in its gold exploration. This program includes the systematic addition of blank samples, pulp duplicates and internal material references ("standards") to each batch of samples sent for analysis. Blank samples are used to check for possible contamination in laboratory, duplicates allow the overall precision to be quantified while standards determine the analytical accuracy. All samples are half HQ or PQ diamond drill core sampled on a one metre basis. Samples were assayed at the ALS laboratory in Mali using for gold fire assays on a 30g sample followed by AAS.

ABOUT LA MANCHA RESOURCES Inc.:

La Mancha Resources Inc. is an international gold producer based in Canada with operations, development projects and exploration activities in Africa, Australia and Argentina. La Mancha's shares trade on the Toronto Stock Exchange (TSX) under the symbol "LMA". For more information, visit the Company's website at www.lamancha.ca.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains certain "forward-looking statements", including but not limited to statements regarding the quantity of mineralization in place and its grade in Au and in Cu, the mineable character of the drill results, mining exploration risks, calculation and evolution of mineral resources, the future value of La Mancha's 31 exploration properties market price of gold, future work programs and objectives associated therewith, drill targets and anticipated results, interpretation of work results, development plans and anticipated timetables, in particular as regards the economic and technical potential for a mining and milling operation. Forward-looking statements express, as at the date of this press release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, risks associated with foreign operations, environmental risks and hazards, uncertainty as to calculation of mineral reserves and other risks referred to in La Mancha's 2007 Annual Information Form filed with the Securities Commissions and the Toronto Stock Exchange.

Maps are available on the Marketwire Website at the following addresses:

Figure 1: http://media3.marketwire.com/docs/080509_Figure1_eng.pdf

Figure 2: http://media3.marketwire.com/docs/080509_Figure2_eng.pdf

Figure 3: http://media3.marketwire.com/docs/080509_Figure3_eng.pdf



Table #1
Results

--------------------------------------------------------------------------
Drill hole Depth (m) From (m) To (m) Width (m) Au (g/t)
--------------------------------------------------------------------------
PROFILE 1
--------------------------------------------------------------------------

DK09 DD001 87.7 13.7 15.1 1.4 1.20

28.5 30.2 1.7 1.76

DK09 DD002 77.5 6.05 7.15 1.1 2.64

10.05 12.2 2.1 1.17

18.3 21.4 3.1 2.68

DK09 DD003 45 25.2 32.5 7.3 5.53

inc 26.2 28 1.8 11.05

DK09 DD004 68.7 41.9 50.2 8.3 2.98

inc 41.9 42.9 1 14.75

DK09 DD005 92.6 65.25 70.2 4.9 1.42

DK09 DD007 92.3 86.3 87.3 1 1.29
--------------------------------------------------------------------------
PROFILE 2
--------------------------------------------------------------------------
DK09 DD006 34 17.25 18.3 1 18.55
--------------------------------------------------------------------------
PROFILE 3
--------------------------------------------------------------------------
DK09 DD008 45 barren
--------------------------------------------------------------------------
542.8
--------------------------------------------------------------------------

Contact Information