La Mancha Resources Inc.
TSX : LMA

La Mancha Resources Inc.

December 12, 2007 09:06 ET

La Mancha Resources: Start of a Drilling Campaign at Ariab (Sudan) to Delineate a Prospective Volcanogenic Massive Sulphide Province

MONTREAL, QUEBEC--(Marketwire - Dec. 12, 2007) - The Ariab Mining Company (AMC), in which La Mancha Resources (TSX:LMA) has a significant interest will start in January an exploration/evaluation program on the volcanogenic massive sulfides (VMS) on the property of Ariab in Sudan (Nubian desert) which will last at least 6 months. These massive sulphides have been identified in the past by the former shareholder of AMC, a branch of the Bureau de Recherches Geologiques et Minieres (BRGM) of France. To date, AMC has exploited only the oxidized zone of these orebodies, with a total production of over 2.5 Moz. gold from numerous deposits, several of which have massive sulphide exposed on the pit floor (see Appendix A available at the following address: http://www.ccnmatthews.com/docs/appendix_A.pdf).

Earlier drilling achieved between 1982 and 2005 by BRGM and then AMC intersected massive sulphide with significant Cu+Zn+Au+Ag values that need to be verified by a NI 43-101 compliant drill campaign. These include for example :



HAS D053: 4.1% Cu, 2.0 g/T Au/13.0m;
ADAM D007: 1.1%Cu, 2.6% Zn, 0.5 g/T Au, 13.4 g/T Ag/46.5m;
ADAM D212: 1.6%Cu, 3.0% Zn, 0.3 g/T Au, 18.5 g/T Ag/45.25m.


The aim of this campaign is:

- to confirm the gross tonnage of higher Cu-Zn-Au-Ag material estimated by BRGM at least 65 MT with 30 MT in one deposit alone (Hadal Awatib);

- to determine if 10 MT of high grade material are present by twinning positive drill holes and check the extension.

In parallel, AMC will sample the floor of the pits below cementation zone for estimating high grades encountered in the drill holes.

The potential quantity and grade of the materials is conceptual in nature, and there has been insufficient exploration to define a mineral resource in this target area. It is uncertain if further exploration will result in the target being delineated as a mineral resource.

VMS expert Dr. C. Tucker Barrie, P. Geo., recently visited the AMC mine site and noted in his report:

"The potential to develop massive sulphide base metal resources is considered very high. Five deposits on the AMC property have strike lengths exceeding 1 km and thicknesses of 10-40 m. Lenses of relatively base metal rich material are present within pyritic massive sulfide and need to be clearly delineated. The deposits are classified as bimodal-siliciclastic type, similar to many of the large deposits in the Iberian Pyrite Belt, specifically those in Aljustrel, Portugal, which are scheduled to go into production in 2008."

TECHNICAL NOTE

The technical information contained in this news release was prepared under the supervision of Jean-Jacques Kachrillo, who is the Qualified Person under NI 43-101. Mr. Kachrillo as Vice President Exploration is a full time employee of La Mancha Resources. He has sufficient experience which is relevant to the style of mineralisation and type of deposit to qualify as a Competent Person as defined in the 2005 Edition of the "National Instruments 43-10 Standards of disclosure for Mineral Projects". Mr. Kachrillo consents to the inclusion in this press release of the matters based on his information in the form and context in which it appears.

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 in Argentina.

La Mancha Resources owns 40% of AMC in Sudan in partnership with the Sudanese government (56%) and a private French shareholder (4%) and is closely associated to the development of the company. La Mancha's shares trade on the Toronto (TSX) under the symbol "LMA". For more information on the company, you may visit the web at http://www.lamancha.ca/.

FORWARD LOOKING STATEMENT

This press release contains certain "forward-looking statements", including, but not limited to the statements regarding the quantity of mineralization in place, the mineable character of the drilling results, mining exploration risks, calculation and evolution of mineral resources, potential for resources additions, market price of gold, future work programs and objectives associated therewith, drilling targets and anticipated results, interpretation of work results, development plans and anticipated timetables, in particular as regards feasibility study completion and mine development, and 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 2006 Annual Information Form filed with the Securities Commissions, and the Toronto Stock Exchange.

Contact Information

  • La Mancha Resources Inc.
    Jean-Jacques Kachrillo
    Vice President Exploration
    514-987-5115
    info@lamancha.ca