ENCOURAGING GEOPHYSICAL RESULTS FROM MARIANA’S LA BORITA COPPER PROSPECT

ENCOURAGING GEOPHYSICAL RESULTS FROM MARIANA’S LA BORITA COPPER PROSPECT

Highlights from the company include:
Target is a concealed porphyry copper deposit confirmed by geophysics
Mining-friendly Catamarca Province (Alumbrera copper mine)
Extensive area of exotic copper mineralization in surface travertine deposit
Ground magnetic and IP survey, (pole-dipole array) recently carried out by Quantec Argentina S.A
The data collected in the geophysical program are consistent with expectation for a non-magnetic porphyry intrusive and related sulphide mineralization at depth.
Four year option to acquire 100% interest for total US $900,000
Final one-off option to purchase 2% royalty for $1,200,000

Mariana Resources Ltd is also pleased to announce that it has received a preliminary report from Quantec Geoscience Argentina detailing encouraging results obtained from the recently completed geophysical survey carried out at La Borita copper prospect located in the northern part of Catamarca province, approximately 60km SW of the town of Antofagasta de la Sierra, north-west Argentina. Catamarca hosts a number of porphyry copper-gold deposits, the most import of which is the Alumbrera mine of Xstrata Plc (350 Mt at 0.5% copper {Cu} and 0.45 g/t gold {Au}; containing 5.8 Moz Au) and Agua Rica (Yamana Gold Inc) with 750 Mt averaging 0.6% Cu and 0.2 g/t Au.

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