Operations Update

    Operations Update
             



                        TARQUIN RESOURCES PLC
                    ("Tarquin" or "the Company")


OPERATIONS UPDATE

30 January 2008.  The directors of Tarquin (AIM : TQN) wish to inform
and update the market on the following activities which have been
carried out during the quarter ended 31 December 2007.

Project Puquios (formerly Las Pascualas):

The feasibility study commenced early in the quarter with the
appointment of Idesol Ingenieros SA, an experienced Santiago based
consultancy firm, as the principal engineers.  Progress has been
largely to plan, with the key activities undertaken including the
preparation of flow-sheets, water balance, general arrangement
drawings, leach-pad design and the mechanical equipment list.  In
addition, initial vendors quotations for some major equipment has
been received and work commenced on a revised preliminary cost
estimate.  The target completion date for the feasibility study
remains the September 2008 quarter.

Four diamond drill holes were completed for geomechanical appraisal,
nine to validate previous RC holes and four larger diameter holes to
provide samples for further metallurgical testwork.

The Phase 1 metallurgical test programme was largely completed with
preliminary results indicating metal recoveries in line with
pre-feasibility study assumptions.  The final report for this
programme is expected in February 2008.

Good progress continued to be made with the Environmental approvals
with final approval now expected by February 2008.

A contract was let for the re-drilling of the water well that is
proposed as the major source of project water supply.  This programme
of drilling and the associated pump tests are scheduled to commence
in January 2008.

Exploration continued in the vicinity, and at Las Nipas a significant
copper-molybdenum-gold geochemical anomaly was located, detailed
geological mapping was completed and drill sites prepared for a
drilling programme to commence in March 2008.

The project has been renamed Puquios (the project is located adjacent
to the Puquios valley) to avoid confusion with another Chilean mining
project with a similar name to Las Pascualas.





The information set out above is based on data compiled by Roger
Shakesby, who is a Director of the Company.  Mr Shakesby has
sufficient experience which is relevant to the style of
mineralisation and type of deposit under consideration and to the
activity which he has undertaken and consented to the inclusion of
the data in the form and context in which it appeared.




For further information:


Annie Richards Tarquin Resources plc       Tel:  [phone]

Charles Vivian Pelham Public Relations     Tel:  [phone]

Hugh Oram      Nabarro Wells & Co. Limited Tel: [phone]

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