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Message: MIDDAY ALERT ~ Today's Big Movers

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MIDDAY ALERT ~ Today's Big Movers

posted on May 26, 09 07:40AM

La Mancha Resources (LMA:TSX)
0.85 +0.08 (10.39%), Vol. 260,861
Click here to access the La Mancha Resources IR Hub

La Mancha In The News...

MONTREAL, QUEBEC--(May 26, 2009) - La Mancha Resources Inc. (TSX:LMA)

HIGHLIGHTS:

- Follow-up drilling below the Hadal Awatib pits returns high-grade gold and copper intersections

- The enriched ore appears to be easily mineable by deepening the present pit

- Drilling intersects Cu/Au-rich primary ore corresponding to the stringer zone of the VMS lens

BEST INTERSECTIONS INCLUDE:

- 26 m at 1.19 g/t Au, 5.71% Cu and 1.17% Zn from 104 m(1)

- 11 m at 19.24 g/t Au and 51.64 g/t Ag from 5 m(1)

- 40 m at 0.68 g/t Au and 3.19% Cu from 10 m(1)

- 11 m at 9.1 g/t Au and 99.27 g/t Ag from 1 m

- 7 m at 21.53 g/t Au and 45.6 g/t Ag from 5 m

- 3 m at 2.35 g/t Au and 13.27% Cu from 16 m

(1) All depths are measured from the floor of the existing pit

La Mancha Resources Inc. (TSX:LMA - News), (hereinafter "La Mancha" or "the Company") is pleased to report that the 42 short and long holes drilled from the bottom of the Hadal Awatib pits at the Hassai property have returned high-grade gold, copper and silver values. Drill results are shown in Table 1 and 2 appended to this press release. These preliminary results A) suggest the presence of an enriched supergene zone at the top of the previously-identified volcanogenic massive sulphide (VMS) lens under these pits and B) confirm the presence at depth of a feeder zone adjacent to the massive sulphide lens. Some drill holes also intersected massive sulphides with elevated zinc and silver values.

The Hadal Awatib AB and CD pits are part of the second VMS target being explored on the Hassai property. As shown in Figure I, attached to this press release, most of the holes in this phase of the program were drilled from the floor of the existing pits. This second supergene zone seems to have a lower gold content than the supergene section identified on the first VMS target (the Hassai pit), but shows indications of surprisingly high copper grades (1 meter at up to 20.5% Cu) and silver content (up to 258 g/t Ag). These high grade results coupled with the width of the Hadal Awatib AB pit suggests that a significant portion of this enriched zone would be minable by open pit methods. Moreover, the identification of the stringer zone shown in Figure 2 increases the likelihood of confirming more high-grade mineralization in the area.

Michel Cuilhe, President and CEO of La Mancha, noted: "We are delighted by these results, as some of the intersections obtained from this second enriched zone compare favourably with some of the world's richest polymetallic deposits. The fact that some of these high-grade results have been intersected near the bottom of the pit, in an area where they would be easily minable by open-pit mining methods, adds to their quality, as this suggests that the exploitation of the two supergene zones in the early stage of the project could guarantee an early payback on the investment."

To read the rest of the release, please click here

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