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Message: San Anton Resource Corporation soars 35%

18 December 2008
The Manager
Company Announcements Office
Australian Stock Exchange
Via Online Electronic Lodgement
San Anton Regional Exploration
The Directors are pleased to announce results of ongoing regional exploration within the San Anton Project, located in the state of Guanajuato, central Mexico. Exploration this year has included multi-element Niton® soil analysis and
conventional soil sampling and a regional stream sediment Bulk Leach Extractable Gold (BLEG) sampling program.
Highlights
• Niton® soil analysis program identified 9 geochemical anomalies
• Conventional soil sampling further defined 1 geochemical anomaly
• Stream sediment BLEG sampling identified 12 new gold anomalies
Regional Exploration
The 2008 regional exploration program has included geological mapping, conventional -80 mesh multi-element soil geochemistry, handheld Niton® XRF multi-element soil analysis, and high density regional stream sediment BLEG sampling. Conventional -80 mesh B-horizon soil sampling was completed at the Southern soil copper-molybdenum-gold anomaly to fully cover and define the eastern limitation of this geochemical anomaly, and at the West Tranquilino copper anomaly to validate Niton® XRF analyser soil results. The difference between the Niton® XRF analyser results and conventional - 80mesh soil assay results is relatively minor and confirms Niton® as a valid technique for rapid qualitative geochemical soil surveys at San Anton.
The handheld Niton® XRF soil program covered an area of 12.5km centred over the Cerro del Gallo gold-silver-copper deposit. A total of 3,107 samples were analysed during the program. A total of 10 geochemical anomalies have been identified based on individual or coincident values greater than either 100ppm CU, 120ppm Pb or 230ppm Zn; except for the Southern anomaly, which is based on coincident values greater than 60ppm Cu, 5ppm Mo and 22ppb Au (Figure 1).
The main geochemical anomalies are summarised below:
Wildcat Cu-Pb-Zn
La Plomo Pb-Zn
Monument Hill Pb-Zn
San Isidro Cu
Epiphano Lopez Zn
West Tranquilino Cu
Angel East Pb-Zn
Zinc Gossan Pb-Zn
Mariposa Pb-Zn
Southern Cu-Au-Mo (conventional -80 mesh soil)
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I:\Kings Minerals NL\ASX\Announcements\2008\081218_San Anton Regional Exploration.doc
A single diamond core hole, SA-359 was drilled at the Wildcat Cu-Pb-Zn geochemical anomaly. This hole intersected significant copper mineralisation including 119.3m @ 0.17% Cu, 0.04g/t Au, 30g/t Ag from 570.0m, plus several zones of low grade zinc-lead mineralisation, including 25.0m @ 0.31% Zn and 0.10% Pb from 545.0m None of the other geochemical anomalies have yet been drilled.
A high density regional stream sediment BLEG sampling program was completed throughout the tenement area. A total of 445 samples were collected during this program. In total 12 gold anomalies greater than 4ppb Au, not associated with known historic mine workings were defined (Figure 2). The source of these gold anomalies requires further investigation.
Comment
Regional exploration has identified many targets requiring further detailed investigation. Even though drilling is currently suspended, this work will enable targets to be prioritised for drill testing in the future.
The Company’s main focus remains to advance the technical studies on Cerro del Gallo while concurrently developing a pipeline of exploration targets for future testing.

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