December 19, 2006 11:42 ET

Lakota Announces Gold Over 650 Metres on Tembo

TORONTO, ONTARIO--(CCNMatthews - Dec. 19, 2006) - Lakota Resources Inc (the "Company") (TSX VENTURE:LAK) is pleased to announce gold results from grab sampling of linear artisanal workings on the Company's 100% owned TEMBO project. A total of 88 grab samples were collected from artisanal pits over a strike length of approximately 650 metres. The samples were collected, with the assistance of artisanal miners, from quartz veins being exploited, as well as from their host rocks. Also, a few random samples from surface rock piles were collected. Gold occurs in the quartz veins and in mafic volcanics that host quartz veins. Three wallrock samples, without any quartz veining, were also collected but they only returned elevated gold values. Pyrite, pyrrhotite and chalcopyrite were observed in some of the samples. Illustrated on Figure 1 are gold values for the 45 samples from the pits that returned greater than or equal to 0.45 g/t Au; results of the random samples have been discarded.

To view Figure 1. - Map of gold (g/t) values in grab samples from an artisanal site, please view the following link:

The sampled east northeast trending, southeast dipping quartz veins in the artisanal workings is situated in the interpreted stratigraphic equivalence of the footwall zone of the northwest trending, northeast dipping, Barrick Gold Corporation's Bulyanhulu gold mine situated approximately 6 kilometres to the east southeast.

The rock grab sampling has been successful in indicating the presence of gold within quartz vein(s) over a strike length of approximately 650 metres hosted within mafic volcanics and, locally, felsic volcanics. At the northeastern limit of the workings there appears to be three parallel gold bearing quartz veins (Figure 1) however additional work is required to verify strike and continuity. Quartz vein thicknesses from less than a metre to about 3 metres were observed, however, the true thickness of the gold bearing quartz veins is not known. It has been reported that gold at the Bulyanhulu gold mine is hosted in quartz veins, over a strike length of 5 kilometres and averages 2 to 3 metres wide (Barrick website, 2006) within argillite at the contact between mafic and felsic rocks. Year-end 2005 proven and probable reserves at Bulyanhulu were reported to be 25.916 million tons grading 0.414 ounces gold per ton for a total of 10.732 million ounces of contained gold. Gold production from Bulyanhulu was 311,000 ounces in 2005. (see

The sampled artisanal workings reported on here is only one of many similar workings on the TEMBO project. A program of mapping and grab sampling all of the artisanal workings is on-going.

The sample preparation and gold analysis by fire assay with atomic adsorption finish of a 50 gram pulp were carried out by SGS Laboratories in Mwanza. Blanks and commercial standards were inserted randomly with the samples submitted for preparation and analysis.

Martin Taylor P.Geo, consultant to the Company, and Stanley Robinson P.Geo, President of the Company, supervised the exploration programs. Stanley Robinson, P.Geo is the qualified person under National Instrument 43-101 who has reviewed the scientific and technical information contained in this release.

This press release contains certain forward-looking statements. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to international operations; risks related to joint venture operations; actual results of current exploration activities; changes in project parameters as plans continue to be refined, future prices of resources; possible variations in reserves, grade or recovery rates, accidents, labour disputes and other risks of the mining industry; and delays in obtaining governmental approvals or financing or in the completion of development or construction activities. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. There can be no assurance that forward-looking statements 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 statements.

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