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Mantra Resources Limited Says Drilling confirms continuity of Mineralised Zone at Nyota Prospect

Mantra Resources Limited (MRL.TO) announced further results from the 2010 resource infill drilling program at the Nyota Prospect, part of the wholly owned Mkuju River Project in southern Tanzania.

Highlights include:

- Results from infill drilling at the Nyota Prospect continue to confirm

continuity of mineralised zones, both in terms of thickness and grade.

- Thick zones of high grade mineralisation intersected at shallow depths, including a peak intercept of 25 metres @ 1,572 ppm eU(3)O(8).

- Steady flow of drilling results expected over coming months with seven

rigs operating at site.

- Exploration drilling aimed at testing priority target areas adjacent to the existing resource areas will commence once the infill program is completed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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