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Anatolia Begins Major Drilling Program At Copler.


TORONTO -- Program of 25,000 - 30,000 meters targets significant gold resource expansion plus infill drilling within the existing resource; feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented.  continues on near-surface oxides

Anatolia Minerals Development Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:ANO Noun 1. ANO - a Palestinian international terrorist organization that split from the PLO in 1974; has conducted terrorist attacks in 20 countries; "in the 1980s the Fatah-RC was considered the most dangerous and murderous Palestinian terror group" )("Anatolia") has initiated a drilling program at its wholly-owned Copler Gold prospect in Turkey, including 20,000 to 25,000 meters of reverse-circulation drilling and up to 5,000 meters of core. This program seeks to make a significant increase (oxides and sulfides) to the current 4-million-ounce inferred gold resource, but also includes provision for infill drilling in the Marble Contact and Manganese manganese (măng`gənēs, măn`–) [Lat.,=magnet], metallic chemical element; symbol Mn; at. no. 25; at. wt. 54.938; m.p. about 1,244°C;; b.p. about 1,962°C;; sp. gr. 7.2 to 7.  Mine oxide zones. Drilling is expected to run through mid-2005.

Richard C. Moores, President of Anatolia, stated, "Earlier drilling and other work at Copler highlighted a number of targets with the potential to greatly expand the overall gold resource," and added, "This program will double the 26,000 meters drilled at Copler over the past 4 years."

Concurrently, Anatolia is advancing the feasibility study for the 1.5 million ounce oxide portion of the resource. In December 2004, Anatolia announced the results of a study by Hellman & Schofield Pty Ltd PTY LTD Propriety Limited (company structure in Australia)  that demonstrate a 0.4 million ounce measured and indicated oxide gold resource and a 1.1 million ounce inferred oxide gold resource. Cyanide-leachable tests of material from the oxide zone indicate the leachability of some of the resource (+80% in the Main and Marble Contact Zones and +90% in the Manganese Mine Zone). Additional metallurgical testing of oxides, continuation of baseline environmental studies, project design and facilities siting studies are proceeding as planned. Anatolia expects to complete the feasibility study and make a production decision by mid-2005.

Anatolia has been engaged in minerals exploration in Turkey since 1996. In January 2004, Anatolia increased to 100% its interest in Copler. The Company also controls another 1.1 million hectares within Turkey, including four properties currently under joint exploration with Rio Tinto Rio Tinto may refer to:
  • Rio Tinto (Paraíba), in Paraíba State, Brazil.
  • Río Tinto (river), a river in Spain.
  • Rio Tinto Group, a multinational mining company.
  • Rio Tinto (Gondomar), a civil parish in the municipality of Gondomar, Portugal.
. Anatolia has an agreement with Rio Tinto continuing through 2007 which requires payment by Rio Tinto of expenditures for grassroots programs, specific prospect costs in which Rio Tinto is participating and portions of Anatolia's Turkish field office expenses.

Anatolia currently has 48.8 million common shares issued and outstanding, 56.5 million fully diluted.

Anatolia trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 as ANO.

This news release may contain forward-looking statements in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Assays are performed by OMAC OMAC Open Modular Architecture Control(ler)
OMAC One-Key CBC Mac
OMAC One Man Army Corps
OMAC Observational Metahuman Activity Construct
OMAC Ocala Municipal Arts Commission (Florida) 
  Laboratories, Ireland, and ALS-Chemex, Vancouver, BC, Canada, with quality control of sampling, preparation and assaying overseen by Anatolia, whose President, Richard C. Moores, is a "qualified person" for the purposes of applicable Canadian securities regulations Canadian securities regulation is managed through laws and agencies established by Canada's 13 provincial and territorial governments. Each province and territory has a securities commission or equivalent authority. .

Anatolia Minerals Development Limited (TSX:ANO)
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 21, 2005
Words:482
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