San Anton Resource Corporation
TSX : SNN

San Anton Resource Corporation

December 18, 2008 09:00 ET

San Anton Announces Results of 2008 Regional Exploration Program

Several Geochemical and Gold Anomalies Identified

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2008) - San Anton Resource Corporation (TSX:SNN) is pleased to announce results of ongoing regional exploration within the San Anton Project, located in the state of Guanajuato, central Mexico. Exploration this year has included geological mapping, handheld Niton® XRF multi-element soil analysis, conventional soil sampling, and a high density regional stream sediment Bulk Leach Extractable Gold (BLEG) sampling program.

Highlights of the regional exploration program include:

- Niton® soil analysis program identified 9 geochemical anomalies

- Conventional soil sampling further defined 1 geochemical anomaly

- Stream sediment BLEG sampling identified 12 new gold anomalies

John Cook, President & CEO, said that "We are encouraged with the results of this year's regional exploration program as it identified many targets requiring further detailed investigation. Even though, drilling is currently suspended in the property, this regional reconnaissance work will enable us to prioritize targets for drill testing in the future."

"The Company's main focus remains to advance the technical studies on Cerro del Gallo, while concurrently developing a pipeline of exploration targets for future testing," concluded John Cook.

The handheld Niton® XRF soil program covered an area of 12.5km centred over the Cerro del Gallo gold-silver-copper deposit. A total of 3,107 samples were analysed during the program. A total of 10 geochemical anomalies have been identified based on individual or coincident values greater than either 100ppm Cu, 120ppm Pb or 230ppm Zn; except for the Southern anomaly, which is based on coincident values greater than 60ppm Cu, 5ppm Mo and 22ppb Au (Figure 1). The main geochemical anomalies are summarised below:



Wildcat Cu-Pb-Zn

La Plomo Pb-Zn

Monument Hill Pb-Zn

San Isidro Cu

Epiphano Lopez Zn

West Tranquilino Cu

Angel East Pb-Zn

Zinc Gossan Pb-Zn

Mariposa Pb-Zn

Southern Cu-Au-Mo (conventional -80 mesh soil)


A single diamond core hole, SA-359 was drilled at the Wildcat Cu-Pb-Zn geochemical anomaly. This hole intersected significant copper mineralisation including 119.3m @ 0.17% Cu, 0.04g/t Au, 30g/t Ag from 570.0m, plus several zones of low grade zinc-lead mineralisation, including 25.0m @ 0.31% Zn and 0.10% Pb from 545.0m None of the other geochemical anomalies have yet been drilled.

Conventional -80 mesh B-horizon soil sampling was completed at the Southern soil copper-molybdenum-gold anomaly to fully cover and define the eastern limitation of this geochemical anomaly, and at the West Tranquilino copper anomaly to validate Niton® XRF analyser soil results. The difference between the Niton® XRF analyser results and conventional -80mesh soil assay results is relatively minor and confirms Niton® as a valid technique for rapid qualitative geochemical soil surveys at San Anton.

A high density regional stream sediment BLEG sampling program was completed throughout the tenement area. A total of 445 samples were collected during this program. In total 12 gold anomalies greater than 4ppb Au, not associated with known historic mine workings, were defined (Figure 2). The source of these gold anomalies requires further investigation.

Figures 1 & 2 are available at http://www.sanantonresourcecorp.com/en/San_Anton_27/Property_Maps_867.html.

The Niton soil survey was supervised by Graeme Rabone, an independent consultant and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information in this release. A handheld Thermo Scientific Niton XL3t XRF (x-ray fluorescence) analyzer was used for the soil sample program. Soil samples were analysed by XRF on the spot during a 30 second interval exposure with the sensor head in good contact with the soil surface. A total of 289 standard calibration samples were measured for quality control. Samples were analysed for As, Cu, Fe, Mn, Ni, Pb, Rb, Sr, Th, W, Zn and Zr (a standard 12 element suite). Conventional -80# B-horizon soil sampling was completed across the West Tranquilino soil geochemical anomaly to validate the Niton results. Samples for analysis were routinely sieved to -80# in the field. These samples were submitted to SGS in Toronto Canada for analysis by ICP-OES on a 0.2 gram sample following sample preparation with sample decomposition achieved using a mixed 4-acid digest. There was a general trend for Niton element values to be slightly lower than -80# soil samples analysed by conventional wet geochemical methods. The regional stream sediment BLEG survey consisted of sampling 2kg of overbank material for submission to SGS in Toronto Canada for analysis using the 'Chiddey Method'. This method utilizes a dilute cyanide solution followed by fire assay and final analysis by ICP-OES.

About San Anton Resource Corporation

San Anton Resource Corporation is an exploration and development company that is listed on the Toronto Stock Exchange and is totally focused on the mining friendly jurisdiction of Mexico. The Company's principal asset is a 63% interest in the San Anton Property (Goldcorp 37%), which hosts the near-surface Cerro del Gallo gold-silver-copper deposit. The Property is located in a historic gold-silver mining district and has only recently been subjected to modern exploration techniques. This work quickly identified several targets and has led to the delineation of a NI 43-101 Measured & Indicated Mineral Resource of 461 million tonnes grading 0.27g/t gold (3.9Moz), 11g/t silver (163Moz) and 0.11% copper (1.09Blb) and an Inferred Mineral Resource of 166 million tonnes grading 0.11g/t gold (0.6Moz), 7 g/t silver (39Moz) and 0.10% copper (0.36Blb). The deposit remains open in several directions. Metallurgical test work and engineering studies are currently underway to complete a Pre-Feasibility Study and to advance the project towards a development stage.

The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release. This News Release includes certain "forward-looking statements". All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of San Anton are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the expectations of San Anton are detailed from time to time in the filings made by San Anton with securities regulators.

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