Amanta and JOGMEC Sign Joint Development Agreement for the Luang Namtha Copper Project

Amanta Resources Limited (TSX VENTURE:AMH) (Amanta) is pleased to announce that
it has entered into a Joint Development Agreement (JEA) with Japan Oil, Gas and
Metals National Corporation (JOGMEC), for the development of the Luang Namtha
copper project, in northern Laos.


Under the terms of the JEA, JOGMEC has been granted an Option to acquire a 51%
joint venture interest in the Luang Namtha project, by investing a total of USD$
3 million (approx. CAD$ 3.7 million), prior to March 31, 2012. Amanta will act
as the Project Operator and will earn a fee of up to 10% on project
expenditures.


JOGMEC may terminate its interest at any time after it spends a minimum of USD$
800,000 and will not earn any interest unless it completes the USD$ 3 million
investment and exercises its Option, following which the parties will contribute
pro-rata to ongoing project development costs.


Should JOGMEC exercise its Option to acquire the joint venture interest, it will
have the right to transfer this interest to a qualified nominee, a Japanese
company. With the exception of a transfer to such nominee, each party shall have
a first right of refusal if either party wishes to sell any part of its interest
in the joint venture.


The parties have informed the Government of the Lao PDR of their agreement and
have sought its approval for the JEA, this being a Condition Precedent of the
JEA.


JOGMEC was established in February, 2004, following the integration of the
former Japan National Oil Corporation (JNOC) and Metal Mining Agency of Japan
(MMAJ). It is a corporation under the Japanese Ministry of Economics, Trade and
Industry (METI), with a mandate of investing in developing minerals projects
worldwide to help secure a stable supply of natural resources for Japanese
industry.


Amanta Resources Ltd. is a junior minerals exploration company focussed on
projects in Southeast Asia. It is presently developing projects in the Lao PDR
(Luang Namtha copper project) and Thailand (tungsten and gold projects).


The Luang Namtha project, which covers an area of 200 km2, is located in the
Province of Luang Namtha, northern Laos, some 600 kms from the capital city,
Vientiane. Geologically the area forms part of the Luang Namtha-Yulong porphyry
and polymetallic belt, a continental collision zone in which a large number of
economic mineral deposits are known, the largest amongst these being the Yulong
porphyry deposit, in eastern Tibet, China, which hosts some 600 million tons at
approximately 1% copper.


Amanta signed an Exploration and Development Agreement with the Lao PDR
government in June 2008, becoming the first Canadian company to acquire such a
concession, and has been active on the project since July, 2008. To date, Amanta
has completed wide-ranging surface (rock chip) and stream sediment sampling
programmes and identified a number of strong targets for detailed exploration
programmes.


Large extents of the area are underlain by Paleozoic volcanic rocks in which
high grade copper-silver mineralization occurs. In one such area, the Pakieng
area, outcropping mineralized rocks can presently be seen to encompass some 6
km2. From this area rock chip samples have yielded assay values of up to 6% Cu
and 13 oz/t Ag, as well as molybdenum values of up to 0.8%, with minor
associated gold. Reconnaissance work has uncovered several other similarly
mineralized locations over which detailed mapping and sampling has yet to be
completed.


The exploration area also yields porphyritic intrusive occurrences of which some
have been observed to be mineralized with chalcopyrite. Further detailed work
over these targets has been planned for the next exploration phase.


Dr. Gerald Wright, President and CEO of Amanta, commented, "We are pleased to
have JOGMEC join Amanta as a co-investor in the Lao PDR, a country with
outstanding mineral potential. We believe that JOGMEC is an ideal partner for
Amanta and look forward to working with them on this exciting exploration
project."


Geological Information contained within this report has been verified by Pieter
Bakker (Director, Executive VP - Amanta Resources Ltd.). Mr. Bakker satisfies
the requirements of a Qualified Person as defined in the National Instrument
43-101 (Standards of Disclosure for Mineral Projects).


ON BEHALF OF THE BOARD OF AMANTA RESOURCES LTD.

Gerald D. Wright, President