Amanta Resources Ltd. reported that the 2,000-metre dril programme at its Luang Namtha project, outlined in the company's News Release of November 26, 2012, has now been successfully completed. Four diamond drill holes, each 500 metres deep, were drilled using an LY-38 drilling rig, to further evaluate the gold/molybdenum mineralisation and to test for the possible presence of mineralised porphyry intrusive at depth in the Pakieng area of the 200 km2 concession area. The drilling programme was supervised by Sumiko Resources Exploration & Development Co.

Ltd. Assays results for the drill holes will be available shortly and these will be reported upon their receipt and interpretation. Work has been ongoing at Luang Namtha for over four years and three styles of base and precious metals mineralisation have been identified in a volcano sedimentary setting, in which a large number of intrusive centres are present: High grade copper/silver occurrences are hosted in andesitic and basaltic volcanic rocks, High sulphidation, breccia-hosted gold/molybdenum mineralisation occurs in strongly altered and silicified dacitic to andesitic volcanics, and Copper bearing diorite porphyry. Prior to the recently completed drilling programme, a total of 15 drill holes had been completed in the Pakieng area of the concession, evaluating copper/silver targets and parts of the gold/molybdenum occurrence.

These holes intercepted respectively high grade narrow copper-silver mineralization and significant gold/silver/molybdenum with the longest intercepts measuring up to 30 meters of ore grade material. Of the discoveries made so far in the well mineralized 200 square kilometers area, several have not yet been evaluated in sufficient detail and the Company considers that especially the Nam Bo area, where reconnaissance work outlined wide channel sampled ore grade copper/silver outcrops, merits additional evaluation work.