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Statement re commencement of Chile drilling program.

Europe Intelligence Wire

| October 07, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hugin)

MARIANA RESOURCES LIMITED AIM & PLUS: MARL October 7th 2009. Mariana commences drilling IOCG targets, Northern Chile Highlights

3,300m 9-hole drill programme has started at Buenaventura and Perro Chico.

Eight IOCG targets defined by gravity surveying, geological mapping and geochemistry.

Primary target: A large residual gravity anomaly beneath known IOCG copper mineralization at Cerro Brecha (Buenaventura).

Projects all located in Chile's world class IOCG belt. Mariana has commenced a drilling programme to test IOCG targets at Buenaventure and Perro Chico projects in Northern Chile. There are three targets to be drilled at Buenaventura and five at Perro Chico. Buenaventura Buenaventura is located at a maximum altitude of 1200m ASL, 50 km NNE of Copiapo, between Freeport's Candelaria and Anglo American's Manto Verde copper mines in Northern Chile. The 44km2 project area is situated along the Atacama Fault Complex, which hosts all major Chilean iron oxide-copper-gold (IOCG) deposits. Previous drilling (2002, 2005) intersected several zones of IOCG mineralisation, including six holes ranging from 22m to …

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