LAGUNA RESOURCES NL

Laguna Resources NL announce a maiden Inferred JORC Resource estimate for the Arqueros Gold Project in the northern sector of the World Class Maricunga Gold Belt in the Atacama Region of northern Chile. The Inferred Mineral Resource of the Arqueros Deposit, prior to historical underground mining, has been estimated at 1,071,520 gold equivalent ounces at an average grade of 1.9 g/t Au eq. (0.5 g/t gold equivalent cut off grade). This was estimated by modelling of historical assay data from 135,000 metres of surface exploration and underground production drilling, channel sampling, stope and plant data from operations of the previous miner who exploited the deposit from 2000 to 2004.