July 3, 2006

Mano Confirms Kimberlite Pipe K004 To Be Diamondiferous And Gears Up For Bulk Sampling Of The Weasua Pipes In Liberia

Microdiamond sample from pipe K004 yields 57 diamonds from 74.82kg of kimberlite

Core drilling of pipes K001 and K003 completed

Joint Venture Partner, Trans Hex Group, to ship a 5 tonnes/hour Dense Media Separation (‘DMS’) plant to Liberia to process bulk samples.

Mano Diamonds Limited, the wholly-owned subsidiary of Mano River Resources Inc. (“Mano”) is pleased to announce the results of independent test work on a microdiamond sample collected from its K004 kimberlite pipe in the Kpo Range Mineral Development Agreement (“MDA”) licence in Western Liberia. This pipe is one of six so far discovered in the Weasua kimberlite cluster currently being investigated in a Joint Venture between Mano and Trans Hex Group. The test work, involving caustic fusion, diamond extraction, selection and description processes, was conducted by SGS Lakefield of Canada.

The sample, weighing 74.82kg, was collected from near surface hypabyssal kimberlite in the centre of the one hectare K004 pipe. The sample yielded a total of 57 diamonds that weigh a total of 0.035-carats. The largest diamond measures 1.4mm x 1.34mm x 1.03mm and weighs 0.015445-carats. The majority of the diamonds are described as white, transparent or translucent fragments. The full results, shown in Tables 1 and 2 below, are reported according to the recommended guidelines as established by the Diamond Exploration Best Practices Committee of the Canadian Institute of Mining, Metallurgy and Petroleum.

Core drilling of the Weasua kimberlite cluster continues. To date, drilling has been completed on pipes K001 and K003, which are located some 300m apart. The internal geology of the pipes is complex with Tufficitic Kimberlite Breccia (TKB), diatreme and hypabyssal facies all being intersected. Some 1,500 metres, representing approximately half of the envisaged total, have so far been drilled. Drilling will soon commence on the seven hectare pipe K002, which is located approximately 2km to the north of K003.

Mano’s Joint Venture Partner, Trans Hex, is to ship a 5-tonne per hour DMS plant, complete with X-Ray flow sort diamond recovery unit, to the project area within the next three months. The plant will be established on the kimberlite cluster and will be used to process both the kimberlite core and larger surface and sub-surface bulk samples of kimberlite. The objective is to fast track the evaluation programme in order to obtain macro-diamond grade and values for the diamondiferous kimberlites within the next 12 months.

Mano’s President and CEO, Dr. Tom Elder, comments: “The micro-diamond result from K004 is very encouraging, as is the recovery of a commercial sized diamond from such a small sample. The drilling programme is progressing well and Mano is pleased that the evaluation will be accelerated, following the Trans Hex decision to ship and establish on site a modern 5-tonne per hour DMS unit. The intention is to sample approximately 2,000 tons from each kimberlite, which should give a good indication as to the diamond grade and quality of each pipe so far discovered.”

Mano’s Qualified Person responsible for reviewing the content of this release is its VP Exploration for Diamonds, Karl Smithson, who holds a BSc in Geology from Kingston University in the UK and is a member of the South African Council for the Natural Scientific Professions (SACNASP). Mr. Smithson has over 18 years experience in diamond exploration in Africa, working for companies such as De Beers, SouthernEra Diamonds and as an independent diamond consultant prior to joining Mano River.

Notes to Editors:

About Trans Hex Group

Trans Hex (www.transhex.co.za) has established a global reputation as a niche producer of large, gem-quality diamonds, with annual production exceeding 200,000 carats. Their exploration, mining and marketing activities are principally focused in Southern Africa, through concessions on the Orange River in South Africa, several permits in Angola, as well as offshore the coasts of South Africa and Namibia. Trans Hex can earn a 50% interest in the Kpo licence by investing US$2.1 million in a two phase, three-year programme. Thereafter, Mano can maintain its contributing interest at 50% or offer Trans Hex the opportunity to increase its equity to 69% by funding feasibility and construction.

About Mano River Resources

Mano is an exploration company focused on the discovery and development of diamond, gold and iron ore deposits in the Archaean terrain of the highly prospective, under-explored, West African Mano River Union countries of Liberia, Sierra Leone, and Guinea. Mano considers that the region has the potential to further develop into a world-class hard rock diamond and gold mining province. The Company presently has some 25,000km2 under mineral licence, promising gold prospects in all three countries, certainly one and possibly a second cluster of diamondiferous pipes in Liberia, and joint ventures in place with BHP-Billiton, Golden Star Resources, Navasota, Petra Diamonds, Searchgold and Trans Hex Group, as well as the Putu iron ore prospect in eastern Liberia.

For further information on Mano River Resources and its exploration programme, you are invited to visit the Company’s website at www.manoriver.com or contact one of the following:

Tom Elder President and CEO
Mano River Resources Inc.
+44 (0) 1235 810740

Justine Howarth/Ana Ribeiro
Parkgreen Communications
+44 (0) 20 7493 3713

Jamie Cumming
Bell Lawrie
UK +44 141 221 7733

Raz Hussein
Canada +1 (604) 689 1700

Table 1 – Summary of Diamond Recovery from K004 (see pdf)
Table 2 – Summary of Diamond Descriptions (see pdf)

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