Re Agreement

RNS Number:0491H
Marakand Minerals Limited
01 August 2006


                                                         London, 1st August 2006


         Marakand secures two copper - gold option agreements in Turkey


Marakand Minerals Limited ("Marakand") is pleased to announce that the Company
has entered into exclusive option agreements to acquire majority interests in
two separate copper - gold exploration license areas in southern Turkey.


Both license areas are located in the prospective southern Turkish 'ophiolite
belt' related to the Cyprus Arc, and host 'Cyprus-type' copper - gold
mineralization. Exploration works, including surface drilling, have previously
been undertaken on both license areas and Marakand, pursuant to the terms of the
option agreements, is proceeding with further exploration.


Hatay Exploration License

Marakand has signed a shareholders' agreement with Yurttaslar Construction
Industry Company for a 25% interest in a newly formed joint venture company,
Hatay Madencilik AS, with the option to increase its holding to a 66.7% interest
at Marakand's election on or before the end of August 2008, following further
exploration and evaluations.


The Hatay Exploration License was officially transferred by the Turkish General
Directorate of Mining Affairs into Hatay Madencilik AS on the 19th July 2006.
The Hatay License, covering 1204.8 hectares, is located in the Antakya Region
and has had some preliminary exploration work done. Ancient Roman workings are
extensive.


Mineralization in the area explored so far, extends over at least 1,600m along
strike. Grab samples collected by Marakand confirm significant levels of gold
and copper. Analyses (by OMAC Laboratories in Ireland) of samples from the
eastern end of the area indicated the presence of up to 9.48 g/t gold and 3.09 %
copper, whilst samples from the west of the area indicate up to 17.28 g/t gold
but with less copper (0.15 %).


Marakand is currently establishing a technical office in Antakya and has
commenced satellite image interpretation of the area. A program of surveying,
geological mapping and sampling is underway as a precursor to surface drilling.


Karakalise Exploration License

Marakand has also entered into an exclusive option agreement with Barkan
Madencilik for the right to acquire a 100% interest in the Karakalise
Exploration Licence in the Isparta Region, on or before 31st March 2007.
Previous exploration work included four shallow drill-holes which were reported
by the Turkish General Directorate of Mineral Research and Exploration ("MTA")
to have intersected copper - gold mineralization with average grade 3.39 %
copper and 1.7 g/t gold.



For further information please contact:

Marakand Minerals Limited
Alasdair Stuart, CEO                               Tel: [phone]
Joanna Solino, Investor Relations Officer          Tel: [phone]

Buck-Bias Limited
Alex Buck / Nick Bias                              Tel: [phone]






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