December 13, 2005

Mano River Discovers Two More Kimberlites in Western Liberia

  • Two new kimberlites discovered in Mano’s Mineral Cooperation Agreement (MCA) licence
  • Ground Magnetics and Gravity survey completed with encouraging results
  • Detailed soil sampling and pitting ongoing to define additional discoveries Mano River Resources Inc. (“Mano”) is pleased to announce the discovery of two new kimberlites in its Mineral Cooperation Agreement (MCA) licence. The MCA is a 70:30 contributory Joint Venture between Mano and the Government of Liberia and covers an area of some 15,000 square kilometres in the west of the country.

    The two new kimberlites, designated Alpha-2 and Alpha-3 were discovered through pitting of kimberlite indicator mineral anomalies generated through detailed soil sampling. Alpha-2 is located only 350m to the north of the previously reported Alpha-1 kimberlite discovery, whereas Alpha-3 is located some 10km to the south. In both cases, the areas surrounding the kimberlites have been subjected to extensive surficial artisanal diamond mining. Pitting indicates that Alpha-3 is potentially a kimberlite pipe, although further work needs to be done to confirm its dimensions, as well as those of Alpha-2.

    Exploration in the MCA has recently focussed on detailed soil sampling, which has been completed over seven blocks measuring 1km by 1km each. These samples are currently being processed through Mano’s diamond laboratory in Monrovia and results are available for four of the blocks, all of which show abundant indicator anomalies suggestive of new kimberlites. As part of the exploration programme, detailed ground magnetics and gravity surveys were completed over two blocks that host the Alpha-1 and Alpha-2 kimberlites. Encouraging results were generated that will be investigated in the New Year. In addition, ground magnetic surveys will be completed over all the other sampling blocks, including the Alpha-3 area.

    Mano’s President and CEO, Dr. Tom Elder, comments: “The continued rapid rate of kimberlite discoveries from this MCA area not only demonstrates the strength and expertise of Mano’s technical team, but also highlights the vast potential that this area has to eventually yield an economic diamond mine. On the basis of our results, we are confident that more discoveries will be made.”

    On behalf of the Board of Mano River Resources Inc.
    Tom Elder
    President and CEO

    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
    UK +44 (0) 1235 810 740

    Jamie Cumming
    Bell Lawrie
    UK +44 141 221 7733

    Gary Middleton
    St Swithins PR Ltd
    UK +44 (0)207 929 4391

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