🕐07.05.09 - 08:13 Uhr

Mantra ASX Announcement: Infill Drilling Commences on Mkuju River Project



Dear all, Please find below a summary of an announcement made to the ASX recently regarding the commencement of infill and extension drilling at the Mkuju River Project.

Mantra Resources Limited (Mantra or the Company) is pleased to announce that two drill rigs are on site and have commenced drilling an infill and extension program at the wholly owned Nyota Prospect (or Prospect) in southern Tanzania.

A significant trenching program will also be completed concurrently with the drilling.

The drill program will comprise diamond core, open hole and RC/Aircore drilling and is being completed with the following objectives: * To substantially increase the overall resource base of the Nyota Prospect; * To upgrade the resource classification of portions of the current Inferred MRE of 35.9 million pounds U3O8 to the Indicated and Measured categories; * To allow further assessment of the high grade surface mineralisation for its inclusion in future MREs; * Deliver diamond core for the pilot plant metallurgical testwork, scheduled to commence in October; * Provide additional geological, geotechnical and hydrogeological information; and * Complete sterilisation drilling over potential waste dump, plant, tailings and haul road sites. A copy of the full announcement is attached.

It can also be viewed by clicking on the following link: http://www.mantraresources.com.au/upload/documents/releases/asx/20090505 _090505InfillDrillProgramCommencesonMRPfinalwithCPStatement.pdf
Please dont hesitate to contact Robert Behets or Matthew Yates if you have any questions.
Regards Robert Behets Joint Managing Director
A: Level 9, The BGC Centre, 28 The Esplanade, PERTH WA 6000 T: 618 9322 6322 F: 618 9322 6558 E: W: www.mantraresources.com.au Matthew Yates Joint Managing Director
A: Level 9, The BGC Centre, 28 The Esplanade, PERTH WA 6000 T: 618 9322 6322 F: 618 9322 6558 E: W: www.mantraresources.com.au



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