LAKOTA RESOURCES INC.
TSX VENTURE : LAK

LAKOTA RESOURCES INC.

December 05, 2006 12:00 ET

Lakota Announces Gold Zone Over 200 Metres on Simba

TORONTO, ONTARIO--(CCNMatthews - Dec. 5, 2006) - Lakota Resources Inc (the "Company")(TSX VENTURE:LAK) is pleased to announce additional results from RC drilling on the SIMBA Project, Isambara occurrence, located 28 kilometres north of the Tulawaka gold mine ((Barrick 70%, Minieres du Nord (MDN) 30%)) in Tanzania. The SIMBA Project is a joint venture with MDN which holds a 70% participating interest with the remaining 30% participating interest held by Jope Business Associates Limited, a Tanzanian incorporated company which is 50% owned by the Company.

Reverse Circulation (RC) drilling of holes ISRC 56 to ISRC 78 was carried out in Q3-2006 to follow-up previously announced intersections of 15.53 g/t gold over 8m in drill hole ISRC 49 and 8.23 g/t gold over 3m in drill hole ISRC 50 (see Press Release dated October 19, 2006). A total of 3,166 metres has been drilled on the property in 2006. Figure 1 illustrates the drilling on the Isambara occurrence.

For a map of the Northern Mining Drilling Results - Isambara, Tanzania, please click on the link below:

http://www.ccnmatthews.com/docs/lak1a.pdf

East Zone

The drill holes on the east zone and vicinity are illustrated on Figure 2. Listed in Table 1 are recently obtained gold intersections greater than 1 g/t, as well as previously reported gold intersections; for ease of comparing the gold intersections with the drill hole location the gold intersections are presented from NE to SW. The gold occurs with pyrite in two parallel fracture/shear zones that have been intersected by drill-holes over a strike length of about 200m. The gold-bearing structures remain open along strike in both directions and to depth.

For a map of the Simba Project, Tanzania, please click on the link below:

http://www.ccnmatthews.com/docs/lak2.pdf



Table 1. Gold intersections in drill holes in the East Zone.

Hole Interval Length Gold Previously
Number metres metres (g/t) Reported

ISRC 63 88 - 89 1 3.25 No
ISRC 36 58 - 59 1 1.19 Oct. 19, 2006
64 - 66 2 1.13 Oct. 19, 2006
ISRC 30 44 - 45 1 1.76 Oct. 19, 2006
ISRAB 21 01 - 06 5 14.93 Oct. 3, 2005
ISRAB 21 40 - 70 30 6.37 Oct. 3, 2005
including 45 - 53 8 14.54 Oct. 3, 2005
ISRC 56 50 - 61 11 10.42 No
Including 51 - 56 5 21.48 No
75 - 76 1 1.83 No
ISRC 59 42 - 44 2 1.12 No
50 - 51 1 1.07 No
ISRC 60 34 - 37 3 4.02 No
46 - 47 1 1.38 No
ISRC 50 43 - 46 3 8.23 Oct. 19, 2006
ISRC 49 40 - 48 8 15.33 Oct. 19, 2006
ISRC 34 55 - 58 3 1.07 Oct. 19, 2006
ISRC 61 26 - 27 1 2.09 No
ISRC 35 19 - 22 3 2.16 Oct. 19, 2006
29 - 33 4 2.06 Oct. 19, 2006
ISRC 48 55 - 59 4 3.05 Oct. 19, 2006
ISRC 57 48 - 49 1 1.37 No
63 - 64 1 1.42 No
ISRC 69 12 - 13 1 1.03 No
18 - 19 1 5.30 No
ISRC 65 52 - 53 1 1.05 No
54 - 55 1 1.38 No
ISRC 67 17 - 18 1 1.52 No
44 - 45 1 1.12 No
ISRC 68 32 - 33 1 2.30 No
39 - 40 1 2.57 No
ISRC 72 33 - 34 1 11.30 No
ISRC 73 14 - 23 9 1.25 No
26 - 27 1 1.85 No
30 - 31 1 2.33 No
52 - 53 1 14.90 No
ISRC 74 2 - 4 2 4.55 No
9 - 10 1 1.36 No
40 - 41 1 2.46 No
ISRC 76 28 - 34 6 11.98 No
53 - 56 3 4.48 No
ISRC 77 36 - 37 1 9.06 No
ISRC-38 37 - 38 1 1.10 Oct. 19, 2006
ISRC-41 18 - 19 1 3.11 Oct. 19, 2006


The true thickness of the gold bearing zones has not been determined.

West Zone

RC drilling of seven holes ISRC 46, ISRC 47 and ISRC 51 to ISRC 55 was carried out in Q3-2006 to follow-up previously announced intersection of 8.63g/t gold over 3m in drill hole ISRC 21, 15.53 g/t gold over 8m in drill hole ISRC 49 and 8.23 g/t gold over 3m in drill hole ISRC 50 (see Press Release dated October 03, 2005). Two of the seven 2006 follow-up drill holes returned assays greater than 1g/t gold (Table 2). Three gold intersections have been interpreted to occur in a NW-SE direction over 200m as illustrated on Figure 1, however it is not known if this interpretation represents a continuous gold-bearing zone. The mineralization remains open in both directions and at depth.



Table 2. Gold intersections in drill holes on the West Zone.

Hole Interval Length Gold Previously
Number metres metres (g/t) Reported

ISRC 21 40 - 43 3 8.63 Oct. 03, 2005
ISRC 47 32 - 33 1 24.80 No
ISRC 54 42 - 44 2 1.14 No
48 - 55 7 1.46 No


The true thickness of the gold bearing zones has not been determined.

Follow-up exploration of these gold intersections is planned for 2007.

Samples were analyzed by fire assay at the SGS laboratory in Tanzania, certified under international standards. A rigorous program of analytical grade verification implemented by MDN Northern Mining included 12% control samples. The drilling was carried out under the management of geologist Brian Lloyd, and supervised by geologist Dominique Fournier, Ph.D., who acted as a qualified person in accordance with NI 43-101.

Stanley Robinson, P.Geo., Lakota's President, 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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