Amanta Resources Ltd. reported that the 2,000-metre dril programme at its Luang Namtha project, outlined in the company's News Release of November 26, 2012, has now been successfully completed. Four diamond drill holes, each 500 metres deep, were drilled using an LY-38 drilling rig, to further evaluate the gold/molybdenum mineralisation and to test for the possible presence of mineralised porphyry intrusive at depth in the Pakieng area of the 200 km2 concession area. The drilling programme was supervised by Sumiko Resources Exploration & Development Co. Ltd. Assays results for the drill holes will be available shortly and these will be reported upon their receipt and interpretation. Work has been ongoing at Luang Namtha for over four years and three styles of base and precious metals mineralisation have been identified in a volcano sedimentary setting, in which a large number of intrusive centres are present: High grade copper/silver occurrences are hosted in andesitic and basaltic volcanic rocks, High sulphidation, breccia-hosted gold/molybdenum mineralisation occurs in strongly altered and silicified dacitic to andesitic volcanics, and Copper bearing diorite porphyry. Prior to the recently completed drilling programme, a total of 15 drill holes had been completed in the Pakieng area of the concession, evaluating copper/silver targets and parts of the gold/molybdenum occurrence. These holes intercepted respectively high grade narrow copper-silver mineralization and significant gold/silver/molybdenum with the longest intercepts measuring up to 30 meters of ore grade material. Of the discoveries made so far in the well mineralized 200 square kilometers area, several have not yet been evaluated in sufficient detail and the Company considers that especially the Nam Bo area, where reconnaissance work outlined wide channel sampled ore grade copper/silver outcrops, merits additional evaluation work.

Amanta Resources Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended August 31, 2012. For the quarter, the company reported loss for the period of CAD 112,698 against CAD 167,807 a year ago. Net loss and comprehensive loss for the period was CAD 98,476 against CAD 146,881 a year ago. Basic and diluted loss per share was CAD 0.001 against CAD 0.002 a year ago. Net cash used in operating activities was CAD 31,851 against CAD 116,566 a year ago. Expenditures on mineral properties were CAD 98,786 against CAD 411,704 a year ago. For the six months, the company’s loss for the period was CAD 237,184 against CAD 304,264 a year ago. Net loss and comprehensive loss for the period was CAD 219,190 against CAD 286,588 a year ago. Basic and diluted loss per share was CAD 0.002 against CAD 0.004 a year ago. Net cash generated from operating activities was CAD 46,139 against net cash used in operating activities of CAD 444,649 a year ago. Expenditures on mineral properties were CAD 255,493 against CAD 849,823 a year ago.

Amanta Resources Ltd. filed its Annual on Jun 28, 2012 for the period ending Feb 29, 2012. In this report its auditor, Hay & Watson, gave an unqualified opinion expressing doubt that the company can continue as a going concern.